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.
A former would-be fracking company has appointed a leading opponent as a director to help it go green.
A company that tried to frack in North Yorkshire three years ago says it wants to re-use old gas sites for renewable energy.
Third Energy, the company behind plans to frack in North Yorkshire, has announced it now has no immediate shale gas plans.
Third Energy has committed to drill three wells and frack four in the Ryedale area of North Yorkshire in the next four years.
Campaigners in North Yorkshire have said they may seek an injunction against fracking by Third Energy at Kirby Misperton because of concerns about the pipeline that would transport any produced gas.
Opponents of Third Energy’s plans to frack at Kirby Misperton in Ryedale, carried Yorkshire white roses as they gathered at the Royal Courts of Justice in London where their legal challenge will be heard this morning.
On Friday (20 May) councillors in North Yorkshire will meet to decide whether to approve what could be the UK’s first fracked shale gas well for more than five years.