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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Britain faces a nasty shock when the global energy cycle turns
Britain's energy industry is dying while the US is striving for self-sufficiency in fuel and power .We have let matters drift for so long that half of our nuclear reactors will be phased out over the next nine years with nothing ready to replace them while North Sea oil and gas are declining. Britain's dependency on imported fuels and electricity has jumped from 17pc to 46pc since 2000. Energy is becoming a corrosive element in Britain's current account deficit, now 6.9pc of GDP, and the scale of vulnerability has been masked by the slump in world energy prices.
Abstract details
Journal title: Daily Telegraph
Keywords: Fracking
Countries: UK -
Organisation: BGS
Subjects: Energy security, Hydraulic fracturing, Oil reserves
