2015 World Future Energy Summit To Tackle The Relationship Between Shale Gas And Renewables

The impact of US shale gas production on the deployment of renewables, especially in light of the recent, dramatic decline of oil prices, will be addressed by Marie-Jos'e Nadeau, chair of the World Energy Council, at this month's World Future Energy Summit (WFES), the Middle East's largest gathering of international leaders to drive viable solutions to address the world's pressing energy challenges. The discussion of shale gas and renewables is timely given a recent Citigroup's Research Equities division report stressing that gas and renewables can complement each other within a diversified energy mix. As solar and wind energy are "intermittent" power sources, they rely upon backup from "peaking" plants usually fueled by natural gas. Similarly, the Abu Dhabi-based International Renewable Energy Agency (IRENA) reported last year that increased gas use complements the growth...