Page 23 - Gi flipbook February 2018
P. 23

Shale gas could represent an
                                                       opportunity for the UK to become
                                                       an energy independent nation




                                                  access to the EEA is not granted, and   substances used are reported to carry
                                                  the UK needs to rely on the EU for its   grave environmental concerns, with
                                                  supplies of oil and gas, hefty trade   fears carcinogens could enter the
                                                  tariffs would apply according to World   ecosystem, causing untold damage to
                                                  Trade Organisation rules.        the environment, local wildlife and
                                                                                   even our water supplies.
                                                  IS SHALE ROCK THE SOLUTION?        Significant gas leaks are also a
                                                  Could a more insular approach solve   problem with fracking. In 2015, Aliso
                                                  the UK’s energy problems? With the   Canyon was the site of a large-scale
                                                  North Sea reserves in disarray, coal   gas leak that dwarfed the ecological
                                                  mining mothballed, government    footprint of the Deepwater Horizon oil
                                                  support faltering in renewables and   spill in 2010. Scientists estimate that
                                                  question marks around the safety of   the leak released 97,100 tonnes of
                                                  nuclear energy, exploiting Britain’s   methane and 7,300 tonnes of ethane
                                                  shale reserves has been touted as a   into the atmosphere. The leak also
                                                  possible solution, and the early signs   caused widespread reports of illness
                                                  are very encouraging.            amongst nearby residents, including
                                                    The British Geological Survey   headaches, nosebleeds and nausea.
                                                  estimates the UK has 1,327 trillion   But the real story is the potency of
                                                  cubic feet of shale rock right beneath   methane as a greenhouse gas. It is
                                                  our feet. Their study indicates that   approximately 30 times more potent
                                                  much of the shale is in rock     at trapping heat in the atmosphere
                                                  formations across the rural areas of   compared to carbon dioxide, meaning
                                                  the country, including the South West,   it can have a devastating impact on
                                                  the Midlands, and the North.     the Earth’s climate.
                                                    The economic case for exploiting
                                                  energy in the UK is relatively clear-cut.   BREXIT FORCING SHALE GAS
                 significant impact on the way we do   Not only would it create swathes of   OPPORTUNITIES?
                 business with the wider world. While   jobs in the energy sector, but it would   Shale gas could represent an
                 the details of what this entails are yet   reduce the UK’s dependence on   opportunity for the UK to become an
                 to be decided, there are numerous   importing energy to combat the   energy independent nation. Despite
                 scenarios that could unfold.     energy deficit it faces.         this, we think shale gas has a long way
                   With the UK government and       Proof of concept lies within the US.   to go before it becomes viable in the
                 industry keen to retain tariff-free   At the turn of the century, Americans   UK. In particular, attention needs to be
                 access to the European Economic   turned to shale rock to fulfil their oil   paid to environmental consequences
                 Area (EEA), and the remaining 27   and gas requirements. Right now,   of fracturing shale rock. Appropriate
                 members of the EU bullish in their   natural gas approximately makes up   safeguards must be established in
                 approach to the Brexit negotiations,   35 per cent of the energy the US   order to protect the environment and
                 the UK could end up in a situation   generates, of which 60 per cent is   ensure that devastating leaks are kept
                 where it leaves the EU without a   fracked from the US mainland,   to an absolute minimum.
                 comprehensive trade relationship with   according to figures from the   Brexit may yet force the UK
                 the world’s largest trading bloc.   American government. Comparing the   government’s hand, as at this stage, it
                   This could have an impact on the   years 2000 and 2015, the US has   is clear the UK needs to explore viable
                 UK’s need for imported fuel. At the   produced approximately 62 per cent   alternatives to reverse its reliance on
                 moment, Kremlin-controlled Gazprom   more gas, of which, 67 per cent of the   imported fossil fuels. ■
                 supplies about a third of oil and gas   gas extracted is from hydraulically
                 for the European Union, with Britain   fractured wells.           ■ Elementar UK is a multinational
                 relying on a similar figure. As a                                 manufacturer of elemental analysers
                 supplier, Gazprom has been quite   POTENTIAL PITFALLS             and isotope ratio mass spectrometers
                 volatile, switching off their supply of   Despite the strong economic case,   used for analysis of non-metallic
                 gas to Europe on several occasions   shale energy is fraught with issues. In   elements. Their applications and
                 including the 2009 and 2015 crises.   particular, the technique used to   machinery are used for ground-
                   As a consequence, the EU is now   extract oil and gas from shale rock is a   breaking studies and research by
                 exploring plans to increase its own   cause for concern. Hydraulic   scientists in the chemical, forensic,
                 energy production within the confines   fracturing, or ‘fracking’, uses a blend of   energy, agricultural, materials and
                 of the super-state itself. This could be   sand, water and other substances to   environmental sectors. For more
                 problematic for the UK. If unfettered   create fractures within shale rock. The   information visit www.elementar.co.uk






                                                                                                               25
                                                                                                               23

        WillBrexitMakeFrackingReality.indd   2                                                                    18/01/2018   11:27
   18   19   20   21   22   23   24   25   26   27   28