As oil and gas companies scour the earth for low-carbon projects to boost their green credentials, one UK-based renewable energy group is going intergalactic with its energy transition drive.
The Aberdeen Renewable Energy Group (AREG), a body that supports local companies looking to grow within the renewables sector, has teamed up with the European Space Agency (ESA) to support the green energy market.
The pair have signed a memorandum of intent to “analyse, develop and implement space-enabled technology and services to support the renewable energy sector”, they said in a joint statement last week.
They will work together to “foster the development of space-utilising applications” as well as evaluating the environmental sustainability of energy production and safety of operations.
“This agreement with ESA will look at the innovative technologies being developed for space activities and how we can use these learnings and innovations to accelerate the development of renewable projects,” said AREG chair Jean Morrison.
“We expect that collaborating with organisations such as ESA will bring fresh ideas and initiatives for our members as we continue to champion the energy supply chain to enable the transition to low carbon to achieve net-zero emissions.”
AREG will work alongside the ESA Space Solutions division in the joint effort.
The ESA wing “aims at reaching commercial exploitation of space assets, data and capabilities addressing incubation, proving technical feasibility and business development”.
Founded in 2003, AREG gives renewables-focused companies opportunities for direct access to industry developers and green projects.