‘Gone Green’ scenario boosts hopes for UK shale gas

Onshore drilling activity in the UK. Photo courtesy of United Kingdom Onshore Oil and Gas
Onshore drilling activity in the UK. Photo courtesy of United Kingdom Onshore Oil and Gas

Shale gas could provide over 40% of the UK’s gas needs by the 2030’s if government policies and assumed economic growth scenarios support investment in exploration and development, according to a report from National Grid.

 

There would be a big impact on employment in the shale gas industry if development on the scale envisaged under the most optimistic scenario is realised, leading to thousands of new construction jobs being created.

 

National Grid examined four possible scenarios in the latest edition of its annual UK Future Energy Scenarios study. A ‘Low Carbon Life’ scenario produces the highest demand for shale gas as a percentage of the UK’s gas needs. Under a ‘Gone Green’ scenario a strong economy and tougher environmental regulations would support shale production of 14.2 billion cubic metres (bcm) by 2030. A ‘Slow Progression’ scenario with a weak economy could mean less than 5.7 bcm of shale gas production.

 

Under a ‘No Progression’ scenario with weak economic growth, low investment and lack of government support, there could be no shale gas production at all and the UK would have to import some 90% of its gas by 2035. This scenario would also leave the UK vulnerable to price shocks, such as the 5% overnight spike in June when Russia – which supplies a third of Europe’s gas needs, with a third of that passing through Ukraine - cut supplies to Ukraine, raising fears that supplies to the rest of Europe could be affected.

 

Under all four scenarios UK North Sea sector gas supply peaks at under 40 bcm in 2017.

 

The report does not say which scenario is the most likely but notes that there have been many expressions of support for shale gas from government, and several large gas industry companies have invested in UK shale exploration.

 

The report notes that the UK government hopes to develop shale gas to help curb a growing dependence on gas imports and to counter a fall in tax receipts from North Sea oil and gas output, which has been in decline for several years.

Please rate

Comments 

Ctrl + Enter

Most Read

Some thoughts on the place of Women in Engineering

Some thoughts on the place of Women in Engineering

According to the latest women in engineering statistics from EngineeringUK 2017 report “women make up only 1 in 8 of those in engineering occupations and less than 1 in 10 of those in an engineering role within an engineering company”.  Would having more women engineers help tackle

Post-Brexit impacts of engineer skills shortages on construction

Post-Brexit impacts of engineer skills shortages on construction

How is the UK going to cope after Brexit?  According to a report from IHS Markit data research firm, based on answers from over 400 recruitment agencies, demand for staff rose sharply across the private sector in April. However “demand for staff is growing within all sectors and all

Congratulations to Tina White!

Congratulations to Tina White!

This month the Anglo family celebrates a BIG Anniversary for one of our longest standing  team members, Tina White, who has been working and leading the Water Team for 22 fantastic years in 2017! It is hard to imagine for some of our youngest staff that someone has been working tirelessly for

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.