Shale Gas refers to the Natural Gas trapped within the sedimentary Shale rock formations and is found abundantly in many regions of the World. Recent advances in technology such as horizontal drilling and hydraulic fracturing have meant that access to this valuable resource is now viable.
Nick Grealy, principal and publisher of No Hot Air since 2008 has been highlighting the sudden emergence and predicting a future permanence of secure, scalable and affordable gas supply from the start, at a time when most of the world’s energy policy was built on a view of gas as being both finite and expensive. Shale has already changed the game across the energy industry in North America. Even today, electricity production using nuclear, large-scale renewables and Coal Carbon Capture and Storage are centrepieces of UK energy policy, but not for much longer.