Extracting Europe’s shale gas and oil will be a slow and difficult business
SHALE gas and oil are propelling America to energy self-sufficiency and giving its economy a handy boost. Europe’s shale-gas deposits are said almost to match those across the Atlantic (see map). Will the old continent soon enjoy the same benefits? Continue reading
Poland has set it sights on building its first nuclear power station and developing shale gas, but experts believe it may soon have to choose one or the other as investing in both could prove too costly. Continue reading
Polish Prime Minister Donald Tusk said Thursday that the development of both shale gas and nuclear energy are priorities for the country and denied that the country’s ambition to build its first nuclear power plant is flagging.
“For the Polish government, nuclear energy and, of course, investments in shale gas are priorities,” Mr. Tusk said. “Nothing has changed in this regard.” Continue reading
Polish Prime Minister Donald Tusk has referred to shale gas as Poland’s “great chance.” But until recently, the Polish government has not acted to demonstrate that nurturing the shale gas industry was a priority. Continue reading
Investment over the next two years will total five billion zlotys (1.2 billion euros, $1.6 billion), which includes a 409-million-euro shale gas deal agreed in July by five Polish energy and mining groups, Budzanowski told the press. Continue reading
Poland’s government will approve a long-awaited new shale gas law during its sitting next week, Prime Minister Donald Tusk said on Tuesday. Continue reading
Poland wants its new shale gas law to go into force next year, Piotr Wozniak, the deputy environment minister responsible for the draft law said on Wednesday, but added that it would be best if a shale gas tax waited until at least 2016. Continue reading
With large but unproven shale gas reserves, Polish officials hope disputed technique of fracking fulfills promise of a more reliable energy supply.
Dreams of freedom from Soviet oppression were nurtured and realized in the shipyards of this seaside city, where the Solidarity movement that helped tear down the Iron Curtain was born. Continue reading
Shale gas’s poor image in Europe is largely unjustified
IN FOLKLORE THE will-o’-the-wisp, a mysterious light that lures travellers away from paths into dangerous marshlands, was thought to be the embodiment of evil spirits. The light was probably methane, given off by rotting vegetation, that had spontaneously ignited. The atavistic fear of gas lives on in public anxiety over fracking. The IEA’s report “Golden Rules for a Golden Age of Gas”, published in May, says that if shale extraction goes ahead at full speed worldwide, gas could make up around 25% of primary energy demand by 2035, against 21% in 2010. But if public resistance holds back its development, its share may rise to only 22%. Continue reading
Poland, Europe’s shale gas pioneer, expects companies to drill at least 41 more wells this year to shed more light on the country’s gas potential.
The environment ministry, which has granted 111 rights to drill for shale gas to companies including Chevron and Exxon Mobil, also said on Friday there were “a few tens” of new requests for exploration licences awaiting approval. Continue reading