selection

shale gas

This tag is associated with 4 posts

Shale gas and EU energy security

Written by Gregor Erbach While the United States has abundant supplies of cheap gas thanks to the ‘shale revolution’, the EU remains dependent on gas imports. The Ukrainian crisis has given rise to increasing concerns about the security of the EU’s gas supply. At the request of the European Council, the European Commission has analysed … Continue reading

Unconventional gas and oil in North America

The ‘shale revolution’ Over the past decade, the United States and Canada have experienced spectacular growth in the production of unconventional fossil fuels, notably shale gas and tight oil, thanks to technological innovations such as horizontal drilling and hydraulic fracturing (fracking). Economic impacts This new supply of energy has led to falling gas prices and … Continue reading

In Focus: Energy Security

Will the people of Europe have difficulty to keep warm this winter? Recent events in Ukraine have highlighted the weakness of the EU’s current energy supply arrangements. This week we take a look at the issue, the alternatives, and the possible actions to be taken. The importance of a secure energy supply to the EU … Continue reading

Geopolitical and financial consequences of the shale revolution: Europe, Russia and Asia

Global gas demand As an effect of the ongoing financial and economic crisis, global gas demand (p.1) has decreased in the past years. At the same time, unconventional gas production, mainly in the US, has, together with an increased global capacity in liquefied natural gas (LNG) altered the supply side. These developments have an impact … Continue reading

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