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

More on Energy

IEA urged to continue clean energy focus in face of US pressure

IEA urged to continue clean energy focus in face of US pressure

Stand-off over the role of the International Energy Agency intensifies, as White House ramps up calls for the influential agency to stop tracking climate and clean energy progress

Michael Holder
clock 20 February 2026 • 5 min read
As energy bills fall, is the government's clean power mission starting to pay off?

As energy bills fall, is the government's clean power mission starting to pay off?

There are encouraging signs the government’s clean power plans are starting to deliver on their considerable promise, but concerns remain over costs, delivery, and the continuing 'spark gap'

James Murray
clock 19 February 2026 • 10 min read
Meta, Amazon, Google, and Microsoft accounted for half of corporate PPA deals in 2025

Meta, Amazon, Google, and Microsoft accounted for half of corporate PPA deals in 2025

BNEF reveals corporates delivered second highest level of annual clean power purchase agreement activity in 2025

Stuart Stone
clock 19 February 2026 • 4 min read