A new European Science and Technology Network on Unconventional Hydrocarbon Extraction was set up on Tuesday. It was created by the Commission Communication on the exploration and production of hydrocarbons using high volume hydraulic fracturing in the EU.
The Network was set up to “continue increasing the knowledge on unconventional hydrocarbon extraction technologies and practices as well as to further reduce potential health and environmental impacts and risks.” According to the Commission’s statement, it aims at “bringing together practitioners from industry, research, academia as well as civil society. The Network will collect, analyse and review results from exploration projects as well as assess the development of technologies used in unconventional gas and oil projects”.
The main objectives of the Network are:
- Structuring the dialogue among the stakeholders, fostering open information and knowledge sharing;
- Presenting and discussing research activities and their results, as well as identifying gaps and research and innovation needs;
- Examining knowledge gained from exploration and production projects;
- Identifying and assessing emerging technologies including their economic, environment and climate impacts.
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