Feeds

Shale gas frees Europe from addiction to Putin's Pipe

Vlad won't be able to turn the heating off any more

Choosing a cloud hosting partner with confidence

Shale gas extraction in Western Europe will dramatically change the geopolitical landscape, according to a report by a think-tank backed by the US Department of Energy. The Baker Institute estimates that with shale as little as 13 per cent of Europe's gas imports will come from Russia by 2040, compared to 27 per cent today.

The European Union gets 80 per cent of its gas imports from Russia via the Ukraine. Russian's state energy company, Gazprom, has used its gas exports as a political weapon: most recently turning off the tap to the Ukraine, which affected some European countries as collateral damage. Bulgaria and parts of the former Yugoslavia were badly hit in the Ukraine spat. And it is pertinent to the UK, which is making a unique dash for unreliable renewable energy sources: these need rapidly responding backup. That is a need best filled by gas, although it is extremely expensive to build gas backup to wind, and the backup stations cannot negotiate lower prices.

Venezuela and Iran will also be a bit less cocky, the report suggests.

The Baker Institute also welcomes shale for lowering both domestic energy prices and "the cost of initiatives to diversify the American automobile fleet to run on non-oil based fuels such as electricity and compressed natural gas". The lower prices come from weakening demand for liquefied natural gas (LNG) from the Middle East.

There's more here (60-page PDF/6.8MB): the scenario planning is well worth a look. ®

Security for virtualized datacentres

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.