Business Outlook 2022

BUSINESS OUTLOOK 2022

Contents

Foreword

2

Energy Trends

4

UK Energy Landscape –Present & Future

4

Energy Markets

9

Supporting our Energy Needs

14

UK Oil and Gas Supplies

16

Advancing the Transition to a Lower Carbon, Diverse Energy Mix

23

Offshore Wind

24

Hydrogen & CCS Development

26

BUSINESS OUTLOOK 2022

3