According to the UK Government press release on April 24, 2023, the Ministry of Climate, Energy and Utilities of the Kingdom of Denmark on the one part and the Department for Energy Security and Net Zero of the United Kingdom of Great Britain and Northern Ireland on the other part (hereinafter referred to individually as a “Participant” and collectively as the “Participants”).
Recognising the common interests of the Participants to work on the implementation of the Paris Agreement and in leading the global transition to clean energy through development of reliable, affordable and sustainable energy sources.
Recognising the obligations and commitments of the Trade and Cooperation Agreement between the EU and the United Kingdom.
Recognising the cooperation between the Participants of the North Seas Energy Cooperation and the United Kingdom of Great Britain and Northern Ireland on offshore renewable energy in the North Seas as expressed in the Memorandum of Understanding of December 18 2022.
Recognising the strength of current cooperation between the Participants with regard to heat decarbonisation and energy efficiency, and the ambition to build on this in the context of the Participants’ commitments to net zero and climate neutrality.
Recognising the benefits of knowledge exchange and cooperation to accelerate the delivery of offshore renewable generation and multipurpose interconnection and its efficient use, green hydrogen, the deployment of CO2 storage sites for emissions from carbon capture facilities and the importance of wider regional cooperation to facilitate this.
Noting in that respect the decision by the Danish Parliament to establish an Energy Island in the Danish part of the North Sea by 2033 and the UK ambition for 50GW offshore wind and at least 18 GW of electricity interconnector capacity, including multi-purpose interconnectors, by 2030.
Acknowledging the energy transition as a cornerstone of achieving net zero and climate neutrality, in particular the need to drive deployment of key technologies and maximise cross-sector opportunities, notably in the context of heat and industrial decarbonisation, as well as the production of low carbon fuels.
