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Other News

MP resigns from committee over fracking funding concerns

An MP has resigned from his position on a government committee after it was revealed it had been given funding from companies involved with fracking. Kevin Hollinrake has stepped down as the vice-chairman of the All Party Parliamentary Commmittee on Unconventional Oil and Gas.

Renewables/Energy Transition

Enbridge joins Rampion offshore wind project

Enbridge has joined the Rampion offshore wind project by acquiring a 24.9% interest, becoming one of three shareholders in the plans. E.ON will remain as the controlling shareholder with a 50.1% interest while GIB (Green Investment Bank) will continue to hold a 25% stake. Adrian Scholtz, head of renewables at KPMG and lead advisor on the deal, said it highlighted a “growing global appetite” for offshore win.

Renewables/Energy Transition

Scotland leads the way in onshore wind, while England surges ahead in offshore

Scotland is taking the lead in Britain as it forges ahead with deploying onshore wind, according to new findings by Renewable UK. The report “Wind Energy in the UK” says although England is missing out on some of the economic benefits of onshore wind it is trailblazing ahead in the offshore wind sector. More than 60% of UK onshore wind projects are now installed and operational in Scotland generating an annual turnover of £211million. The overall turnover for the UK as a whole was £402million – with Scotland bringing in more than half of that revenue.

Oil & Gas

Fracking could be ‘bridge’ to low carbon future, shale gas taskforce says

The Government should invest revenues from UK shale gas production in research and development of renewables and low carbon technology, it has been urged. Shale gas, which is extracted through controversial fracking, could play a role as a “bridge” to a low carbon future, Lord Chris Smith said as the task force on shale gas he chairs published a report on the climate impacts of the fuel. But to minimise its impact and to ensure it does not hinder the development of renewables, the Government needs to invest the revenues it received from energy taxes and royalties into research and development of low carbon technology. The money could give more of a push to areas such as battery storage, which allows power from intermittent renewables to be stored until it is needed, and to technologies including wave and tidal power which need to be developed, he said.

Oil & Gas

Egdon Resources sees promising results from Wressle-1

Egdon Resources has revealed encouraging results from the pumped test carried out at the Wressle-1 oil and gas discovery in licence PEDL180 in England. The company said assessments carried out over the Penistone flags zone 3A showed a production rate of more than 180 barrels of oil equivalent per day. Previous initial testing at the Ashover Grit, the Wingfield Flags and the Pensitone Flags had been carried out but due to a problem with downhole testing equipment, test operations were switched to focus on the shallower Penistone region.

Oil & Gas

Egdon Resources flows more pay from Wressle-1

Egdon Resources said it had flowed more oil from its Wressle-1 discovery in England. The company said the results from the second Penistone Flags flow test at licence PEDL180 in the East Midlands were “very positive”. Zone 3a in the Penistone Flags was perforated over a 7.5metre interval and produced good quality oil with a gravity of 33o API. Mark Abbott, managing director of Egdon Resources, said: “The results from Wressle continue to be very positive.

Renewables/Energy Transition

UK Government approves offshore wind project

An offshore wind project which could support up to 900 jobs and millions of pounds of investment has been given the go-ahead. The Dogger Bank Creyke Beck A and B wind project will include up to 400 wind turbines around 130 kilometre off the coast of the East Riding of Yorkshire. With a maximum capacity of 2400MW it will generate enough electricity to power almost two million homes once built.