The three North Sea oil and gas producing nations – Denmark, Norway and the UK – have the necessary finance, economic diversity, technical knowledge and ample renewable energy potential to break their dependency on oil and gas industries. However, they all have gaps in policies aimed at ensuring a just transition. The countries especially lack policies to support people, communities and regions most affected by the transition.
Only Denmark has clear renewable energy targets and a phase-out date for oil and gas production. Not having clear targets to end production is making it difficult for Norway and the UK to properly plan for a transition.
To manage the impacts of a transition away from oil and gas, governments should increase support for an orderly phase-out and managed reorientation as part of programmes for just transition. In particular, this support should include clear phase-out targets, reskilling programmes and solutions for repurposing or decommissioning oil and gas infrastructure.