« BackNews: Should We Still Be Pursuing Fracking?
Should We Still Be Pursuing Fracking?
Radar gauges are essential for the generation of energy that allows our societies to function as they should.
Fracking allows us to access natural gas reserves that were previously untapped, and this is a vital part of the energy market in the UK, and across the rest of Europe. In fact, 40 per cent of UK energy was derived from gas in 2016, a 50 per cent increase from 1990.
An earthquake triggered by a Dutch company’s fracking for gas in the Netherland’s largest oil field, has led to further calls for fracking to be wound down.
Drilling at the Groningen gas field recently caused an earthquake of 3.4 on the Richter scale last week. This is following decades of drilling in the area.
However, this does not bode well for gas supply and we could see a sharp increase in prices as Groningen is one of the largest gas fields in Europe and any winding down of Dutch gas supply could lead to shortages across Europe.
Already this winter a large delivery of gas to see the UK through its cold winter from Russia hit headlines, demonstrating how reliant the UK is on gas still.
Though renewable energy production has soared across Europe and particularly in Scotland, it still hasn’t managed to fill the gap that would be left by gas if fracking were to be banned. We are still awaiting information on the full impact that fracking will have on the UK market.