Fracking Could only Strengthen Gas Supply in Germany to a Limited Extent
2 Articles
2 Articles
Fracking could improve Germany's natural gas supply in the long term, but it would not resolve existing shortages or significantly lower gas prices in the short term. This is the conclusion of an analysis by the Ifo Institute, published on Wednesday. "While the potential of German shale gas reserves is considered large, experts estimate that hundreds of boreholes would be necessary to utilize this resource," said Karen Pittel, head of the Ifo Ce…
Fracking can strengthen the supply of natural gas in Germany to a limited extent. However, it will not quickly address current bottlenecks or significantly lower gas prices. This is the result of an analysis published by the ifo Schnelldienst. "The potential of German shale gas deposits is estimated to be large, but according to expert estimates hundreds of holes would be necessary to use this resource," says Karen Pittel, head of the ifo Center…

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