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In the wake of the gas crisis, in March 2022 the European Council called on the Council and the Commission to examine how ‘an aggregator model / single buyer’ could help reduce gas prices. The Council also said that Member States and the Commission would ‘work together on voluntary common...
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This article studies the likely impact of unconventional gas developments in the U.S. on EU competitiveness. We find, first of all, little evidence for a prosperous unconventional gas development in Europe. Second, the U.S. boom has already a strong impact on both world and European energy...
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This article studies the likely impact of unconventional gas developments in the US on EU competitiveness. We find, first of all, little evidence for a prosperous unconventional gas development in Europe. Second, the US boom has already a strong impact on both world and European energy markets....
Persistent link: https://www.econbiz.de/10010476431
The exploration of unconventional fossil fuels such as shale gas has started recently in Europe. Shale gas is extracted by a process of hydraulic fracturing or fracking. In this process, fracturing fluids - a mixture primarily made up of water, sand and chemicals - are injected under pressure...
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Rapidly evolving technologies and services have ignited a shale gas revolution in the United States. In April 2011, an initial assessment by the U.S. Energy Information Administration (EIA) revealed that shale gas is a “global phenomenon,” and many countries want to use more natural gas to...
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