UK shale gas: £33bn investment could support 64,000 jobs

Will Nichols
clock •

Trade body outlines "immense benefits" of developing up to 4,000 wells across the UK

Exploiting the UK's shale gas reserves will require a £33bn investment but could create over 64,000 jobs, according to an EY report commissioned by trade body the UK Onshore Operators Group (UKOOG)...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Will Nichols
Author spotlight

Will Nichols

View profile
More from Will Nichols

Intelligent Energy hails 'transformational' £1.2bn India fuel cell deal

The end of the beginning...

More on Energy

Supreme Court rules offshore wind farm survey costs ineligible for tax relief
Energy

Supreme Court rules offshore wind farm survey costs ineligible for tax relief

UK Supreme Court rules offshore wind survey costs incurred by Ørsted are not eligible for capital allowances - raising questions over UK tax system's alignment with clean energy drive

Stuart Stone
Stuart Stone
clock 16 April 2026 • 4 min read
Study: North Sea extraction would cost up to £80bn more than net zero pathway
Energy

Study: North Sea extraction would cost up to £80bn more than net zero pathway

EXCLUSIVE: New analysis reveals it could take up to 20 years to build the infrastructure needed for the UK to ‘max out’ the North Sea - and it would only reduce imports by two per cent

Stuart Stone
Stuart Stone
clock 16 April 2026 • 4 min read
How efficiency measures could almost halve industrial energy demand globally
Energy

How efficiency measures could almost halve industrial energy demand globally

Proven low-carbon solutions could slash global energy investment requirements by $15tr through to 2050, while enhancing energy and resource security, new study claims

Stuart Stone
Stuart Stone
clock 15 April 2026 • 5 min read