A little over five years have passed since Ed Davey, the UK’s former energy secretary, lifted a country-wide ban on fracking. Analysts were quick to label the UK as Europe’s shale frontrunner, and major energy companies including Centrica, Total and Engie (as GDF Suez) promptly took up stakes in acreage across the country.
But development has been woefully slow since then, largely as a result of planning delays, legal challenges and public opposition. Of the companies that have entered the UK shale sector,...
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