Exploration ban a risk to power security - Genesis

Thu, 11 Oct 2018

By Gavin Evans Oct. 12 (BusinessDesk) - The government’s proposed ban on new offshore exploration will create uncertainty over long-term gas supplies and risks delaying the shift away from coal in electricity generation, Genesis Energy says. The company, which aims to stop using coal at its Huntly site by 2030, said it has been able to halve its emissions and its coal use by 80 percent during the past decade because it has had access to gas. The industry can play a key role in meeting the country’s emissions targets - through the wider...

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