Telegraph: Fracking won't cut bills and ministers 'oversold' shale gas benefits, experts say

Ministers must "stop banking on this idea that shale is going to be plentiful and cheap", Government-funded UK Energy Research Centre says.

Fracking won’t cut energy bills and ministers have “oversold” the benefits of UK shale gas exploration, Government-funded experts have warned.

In a report on Wednesday, academics at the UK Energy Research Centre (UKERC) said shale gas had been wrongly “heralded as the solution to our security of supply concerns”.

Instead of “banking on shale” the Government should support investment in more gas storage facilities to prevent prices spiking in the event of supply crises, the experts, who are independent but taxpayer-funded said.
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