UK oil and gas reserves will expire in 10 years

20 Sep 2017   United Kingdom

The UK’s oil industry could be entering its final decade of production, according to new research. A study of output from offshore fields estimates about 10% of the nation’s original recoverable oil and gas remains. If the predictions are correct, the UK would soon have to import all the oil and gas it needs, scientists have warned. Academics behind the work are now urging the UK Government to use more renewable energy sources, particularly offshore wind and advanced solar energy technologies. Professor Roy Thompson from the University of Edinburgh’s School of GeoSciences, who led the study, said: “The UK urgently needs a bold energy transition plan, instead of trusting to dwindling fossil fuel reserves and possible fracking. “We must act now and drive the necessary shift to a clean economy with integration between energy systems. “There needs to be greater emphasis on renewables, energy storage and improved insulation and […]

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