A Shale Gas Revolution for the UK?
Investment and innovation in hydraulic fracturing in the US has produced vast resources of shale gas, which has benefited both the energy sector and the wider economy. Expanded shale gas production has seen the creation of tens of thousands of jobs, a significant drop in domestic gas prices and a move away from dependence on gas imports.
Pointing to the success of the US, the UK government has announced its policy and framework for shale gas operations in Britain, with onshore exploration licenses to be issued alongside tax incentives for operators. Can the US experience be mirrored in the UK?
The panel will evaluate the potential for shale gas to transform the UK energy market and question how, and whether, the circumstances of the US ‘shale gas revolution’ can be replicated here.
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This event will be followed by a reception.