29TH MAY SEMINAR: A New Dash for Gas? Infrastructure, Finance and Resources
In the 1990s the UK’s power sector underwent a Dash for Gas driven by privatisation, deregulation, an abundance of North Sea gas and the emergence of cheap, modular CCGTs that could generate competitive electricity from natural gas in the face of high financing costs.
In 2012, are we facing A New Dash for Gas but this time driven not by policy design but by default?
Could it be that the a perfect storm of the following means that a dash for gas is the only way ahead?
- a renewables programme that has failed to scale and sufficiently displace fossil fuels
- a nuclear replacement programme that has yet to materialize
- a cash-strapped utility sector
- consumer fatigue with rising bills
- pressing carbon reduction targets that augur for the quick replacement of coal with gas
- the prospect of vast new quantities of shale gas coming on-stream to the UK possibly from North America, Europe or even Britain itself.
Or is something else happening in the gas markets and related industry that could dramatically affect the UK for better or for worse?
To debate, discuss and inform about the new future of gas in the UK FES has brought together four leading experts to find out what is really happening.
David Odling Oil and Gas UK,
Adrian Haworth GE Capital,
Ed Hough of the British Geological Survey
Nick Grealy of NoHotAir
This event will take place on Tuesday 29th May 2012, 4.30 pm registration for 5.00 pm start at the Headquarters of Allen & Overy, 1 Bishops Square, London E1 6AD.
For tickets, click here: