One of the North Sea’s largest untapped resources, an oil field east of Shetland named Bentley, could produce over 300 million barrels of oil up until the year 2050.
After initial doubts, it has now been estimated that fields in the North Sea could hold oil revenues worth over £40 billion to the UK.
With only 5.2 years left of oil, 4.5 years of coal and 3 years of our own gas, is Britain in serious need to generate energy on its own soil?
With the world’s supply of fossil fuels running low and efforts to halt global warming needed, renewable energy sources have become a clear focus for both suppliers and consumers.
Who would have thought that the future of UK energy could have started on a farm in Retford?
We consume less energy in the UK today than we did over 40 years ago.