Funding for Shetland clean fuels hub: Scottish Government support for Veri Energy project

Decarb Scotland member Veri Energy have been awarded £760,000 by Scottish Government to help advance their work to develop a new energy hub at Sullom Voe, to de-risk the project and move closer to developing large-scale e-fuel production at Sullom Voe. Sullom Voe is uniquely positioned for the next chapter of the energy industry, building on decades of energy expertise, world-class infrastructure and access to abundant renewable power.

As we heard recently from Donna Sutherland Head of Commercial at Veri Energy, speaking at our Fuelling the Future event on 24 June, Sullom Voe is uniquely positioned for the next chapter of the energy industry, building on decades of energy expertise, world-class infrastructure and access to abundant renewable power.

Work to establish the hub will retain and retrain skilled oil and gas workers, support local businesses and contribute to the development of clean fuels manufacturing expertise in Scotland. It will also pave the way towards supplying e-methanol to a proposed sustainable aviation fuel plant on the site of the former refinery at Grangemouth.

The Scottish Energy Minister said:

“Sullom Voe Terminal is a crucial part of Scotland’s industrial landscape. It has been at the heart of Shetland’s economy for many years, providing vital jobs and supporting local businesses.

“We know it has faced challenges recently because of reduced activity, so it is absolutely correct that we help where we can in order to secure a viable future for its valued workers. That is why the Scottish Government is contributing almost £760,000 to support Veri Energy as it continues to develop its ambitious plans for a clean fuels hub.”

Read more here: www.gov.scot/news/funding-for-shetland-clean-fuels-hub/

We welcome this support from government on the pathway to transition for workers and energy production at Sullom Voe.