Yesterday I met leading energy blogger Nick Grealy over a coffee to discuss all matters energy as well as the shale gas phenomenon. Nick writes a blog called appropriately, ‘No Hot Air’. Interestingly, Nick has blogged about shale gas, perhaps more than anyone else – certainly in the UK at least. According to Nick, shale gas is an energy source where the ‘reality outstrips the hype’. It’s clear that shale gas companies in the States as well as the global energy majors are investing vast amounts in Europe in what they perceive as a game changer as well as what Nick terms a ‘bridge fuel’ for future. Hugely interesting.
On another note, this week Masdar (Abu Dhabi Future Energy Company) launched Shams 1, a huge solar power project. Shams 1, which is being set up together with Total and Abengoa Solar, will be the world’s largest, concentrated solar power plant and the first of its kind in the Middle East.
Shams 1 will contribute towards Abu Dhabi’s 2030 vision and also to the ambitious target of achieving 7 per cent of its power generation capacity from renewables by the year 2020. I spent time working with Masdar on the World Future Energy Summit back in January and have seen their vision from close up. It’s great to see the progress being made in the emirate.