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Britain's Deteriorating Energy Security and Why We Must Frack

Oil rigIn 2013, the UK’s total energy production fell by 6.5% from 2012 mainly due to falls in the production of oil, coal and natural gas. According to the Department of Energy and Climate Change (DECC), the UK’s net energy import dependency climbed to 47%, the highest level since 1975, and energy exports reached their lowest level since 1980. The free trade of energy is of course desirable but it is also clear the health of European economies is vulnerable to disruptions in energy supplies caused by geopolitical disturbances. Increasing the security of energy supplies is therefore important to the UK’s economic well-being.

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Adam Memon, Tim Knox and Angeliki Terpou - Friday 6th June 2014

Adam joined the Centre for Policy Studies as Head of Economic Research in January 2014. 

Adam joined the Centre for Policy Studies as Head of Economic Research in January 2014. 

Tim Knox was Director of the CPS from 2011-2017. Before he was Director, Tim was the Editor at the CPS - a position in which he was responsible for publishing papers by every Conservative leader since Mrs Thatcher as well as by hundreds of leading academics and opinion formers.

Angeliki Terpou is an energy economist and the author of ‘Britain’s deteriorating energy security and why we must frack’.