Opportunities to Decarbonize Offshore Platforms: Reality vs. Rhetoric

Oil and gas companies face increasing pressure to decarbonize power systems on offshore platforms. As the costs of emerging technologies fall, offshore microgrids could soon deliver lower costs and better performance than the simple-cycle natural gas turbines commonly used today. However, decarbonization is only one factor shaping platform electrification decisions. Space and weight limitations, reliability requirements, distance from shore, fuel logistics, product characteristics, and asset lifespan all influence which solutions are feasible—and which remain impractical despite growing interest.  

In this webinar, we will present Lux’s latest analysis on the performance and economics of alternatives to conventional offshore gas turbines. We will explore retrofit strategies that incorporate fuel blending or shore power and examine novel technologies such as wave energy currently under consideration.