Renewables company takes over fracking firm to rescue stranded assets
The would-be fracking firm, Third Energy, has been acquired by a renewables company, which plans to use old gas wells to generate geothermal energy.
The would-be fracking firm, Third Energy, has been acquired by a renewables company, which plans to use old gas wells to generate geothermal energy.
The COP26 president, Alok Sharma, declared this morning: “I do believe that the end of coal is in sight. I do believe that we are getting to a point we can consign coal power to history.”
A committee of MPs has suggested the government policy of increased use of gas fired power stations will make it hard for the UK to meet carbon reduction targets by 2030.
The government’s policy to promote shale gas as a bridge to a low carbon future is challenged by new research from the UK Energy Research Centre, published today.