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UK and Ireland

The UK and Ireland are reliant on international markets for their energy. Ireland imports 100% of its oil and more than 95% of its gas. In 2004 the UK became a net importer of natural gas and in 2006 it became a net importer of oil.

World instability

Europe is heavily reliant on imported oil and gas. As a result, it has been affected by world events such as the 2011 conflicts in Libya and the 2009 Ukrainian/Russia gas dispute. In January 2012, Europe adopted an ‘unprecedented’ oil embargo against Iran, immediately pushing up prices.

The geothermal solution

Geothermal energy can solve security-of-supply issues for the UK and Ireland.

  • Geothermal energy is an indigenous supply of sustainable energy
  • Geothermal can meet 4,000 times the earth’s energy demand
  • Once harnessed, geothermal energy is available 24/7, 365 days a year

Did you know?

Europe hosts just 3.5% of the world’s proven coal reserves, less than 2% of its gas and less than 1% of the world’s oil.

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