Featured in Why waste this space? – 07-2012

Will the shale gas boom outshine PV?

United States: The US is increasingly relying on shale gas and oil as strategic domestic energy sources. The US government seems to see shale gas and solar as complementary energy sources, whereas a report by the European Union argues that a solar park has a higher efficiency per square meter of land area.

By

Charles W. Thurston

02 Jul 2012

The United States is redoubling its efforts to develop shale-associated gas and oil as a strategic domestic energy source, with reserves now estimated at the equivalent of 1.5 trillion barrels of oil and rising. Shale gas is currently so cheap – at about US$2.60 per thousand cubic feet, a 10-year low – that it has …

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