New UK gas and oil projects are a ‘no-brainer’, says EDF boss
Summary
The head of EDF Energy supports new oil and gas projects in the UK North Sea, saying they can coexist with efforts to reach net zero carbon emissions. He argues these projects will provide jobs, reduce imported fuel emissions, and help during the long transition to cleaner energy, while the UK government plans a decision on two key projects soon.Key Facts
- Simone Rossi, EDF Energy CEO, calls new North Sea oil and gas projects a “no-brainer” that do not conflict with climate goals.
- He supports government approval of the Rosebank and Jackdaw oil and gas fields.
- Locally produced fossil fuels have lower emissions than imports because they do not require long-distance transport.
- EDF Energy produces about 20% of the UK’s low-carbon electricity, including nuclear, wind, solar, and battery storage.
- Other renewable energy leaders and some politicians also support increasing North Sea production alongside climate action.
- The UK Labour party’s manifesto allows some new North Sea oil and gas development on already licensed or adjacent sites.
- Environmental groups and the Green Party oppose the new projects due to climate concerns and recent heatwaves.
- The UK government is expected to decide on the Rosebank and Jackdaw projects shortly, after a delay until after a byelection in October.
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