Shale resources in northern England 'worth up to £1 trillion' | Shale Gas Environmental Summit
London (PRWEB UK) 30 July 2013 -- The UK Government earlier this month published the British Geological Survey’s estimate of 1,300 trillion cu ft of natural gas stored within the shale rock deep beneath northern England. If only 10 per cent of northern England’s shale resources can be extracted, that would meet the UK’s current gas demand for more than 40 years. Additionally with today's prices, it would have a market value of almost £1 trillion, without considering the gas and oil deposits elsewhere in the country.
(Source: The Telegraph, 3 July, 'Why a bet on shale gas will transform Britain', http://www.telegraph.co.uk/earth/energy/10157587/Why-a-bet-on-shale-gas-will-transform-Britain.html)
The combination of this recent report and the UK Government now offering financial incentives to encourage applications from developers for drilling licences, means that now has never been a better time to assess the environmental impact of shale gas exploration, improve sustainability and ultimately maximise this abundant resource's commercial potential. However, concerns remain over environmental risks regarding pollution and seismic activity which SMi’s 4th Shale Gas Environmental Summit focusses on with key presentations addressing:
• The myths from the facts surrounding pollution and seismic activity
• How to navigate the regulatory landscape currently in place and the evolution of policy for better legislation
• Evaluation of technology advances in environmentally sustainable hydraulic fracturing solutions
• Analyse public-private awareness & engagement initiatives
• Discuss environmental risk management
• Assess the reality of shale gas as an economically viable alternative to meet the UK and Europe’s increasing energy consumption
Speaker Panel includes:
• Keisuke Sadamori, Director, Energy Markets and Security, IEA
• Scott Foster, Director of Sustainable Energy Division, UN Economic Commission for Europe
• David Kennedy, Chief Executive, Committee on Climate Change
• Kevin Skipworth, CVO, Agent General, Government of Western Australia
• Vanessa Harvard Williams, Partner and Global Head of Environment and Climate Change Team, Linklaters
• Rob Foulkes, Senior Associate, Critical Resource
• Ken Cronin, Chief Executive, UK Onshore Operations Group
• Corin Taylor, Senior Economic Advisor, Institute of Directors
• Michael Holgate, Independent Energy Consultant, Plexus Energy
• Dr Marco Althaus, Professor of Social Sciences, Wildau Technical University
• Jake White, Lawyer, Friends of the Earth
To view the full speaker line-up and conference programme, visit http://www.smi-online.co.uk/2013shale2.asp
Sonal Patel, SMi Group Ltd, http://www.smi-online.co.uk/2013militaryairlift10.asp, 0-207-827-6106, [email protected]
Share this article