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Durham University

Durham Energy Institute

News

Shale Gas: the debate continues. The DEI gives evidence to the Parliamentary Select Committee

(27 November 2012)

Prof Richard Davies

Professor Richard Davies, Director of the Durham Energy Institute, gave evidence today at a The Parliamentary Select Committee on Energy and Climate Change in Westminster. This was the first evidence session held by the Committee on the ‘Impact of Shale Gas on Energy Markets’.

Professor Richard Davies, Director of the Durham Energy Institute, gave evidence today at a The Parliamentary Select Committee on Energy and Climate Change in Westminster. This was the first evidence session held by the Committee on the ‘Impact of Shale Gas on Energy Markets’.

The committee’s inquiry follows up on the Committee’s previous report into Shale Gas published in May 2011. Since then a number of new, but divergent, estimates have emerged of the amount of recoverable shale gas reserves in the UK and Europe. The committee is investigating why there is such variation in the estimated amount of Shale Gas and the implications of the “shale gas revolution” for energy markets around the world.

 Today’s session explored a range of issues, including:

• An update on how much shale gas there is in the UK, Europe and the rest of the world and what proportion is likely to be recoverable;
• Understanding the American experience of shale gas and its wider implications for gas markets around the world; and
• The impact that shale gas could have on the transition to a low carbon economy

 

To watch a video of today’s evidence hearing visit

http://www.parliamentlive.tv/Main/Player.aspx?meetingId=11931

 

Further Information:

To view a list of documents submitted in evidence for the investigation into ‘Impact of Shale Gas on Energy Markets’ visit http://www.parliament.uk/business/committees/committees-a-z/commons-select/energy-and-climate-change-committee/inquiries/parliament-2010/impact-of-shale-gas/

For more information on the Energy and Climate Change Committee visit http://www.parliament.uk/business/committees/committees-a-z/commons-select/energy-and-climate-change-committee/

To see an earlier debate in Parliament on shale gas and electricity market reform (Nov 2011) visit http://www.parliament.uk/business/news/2011/november/debate-on-shale-gas-and-electricity-market-reform/