Page added on November 9, 2013
Water shortages are threatening energy output and increasing costs in some of the world’s most prolific sectors including shale gas in the U.S., crude oil in the Middle East and coal in China, and the situation is set to worsen, Wood Mackenzie said Thursday. The energy sector is already the world’s largest consumer of water for industrial purposes, using over 15% of global supply, and this is rising, the consulting firm said in a report, noting huge quantities are needed to increase pressure at oil fields, in technologies like hydraulic fracturing and to upgrade coal quality. Growing water needs will pit energy companies against other users, and increase production costs significantly, it said. Water is already a major cost factor for companies involved in shale developments in the U.S., including Antero Resources Inc., AR -0.27% Antero Resources Corp. U.S.: NYSE $ 55.04 -0.15 -0.27% Nov. 6, 2013 4:00 pm […]
4 Comments on "Water Shortages Threaten Energy Output"
J-Gav on Sat, 9th Nov 2013 4:53 pm
The H2O sitch ain’t lookin’ good – and it doesn’t only concern energy production … unless one considers food to be unimportant.
ghung on Sat, 9th Nov 2013 6:19 pm
The title “Water Shortages Threaten Energy Output” certainly shows where the focus is. A more apropos title might be Energy Demand To Cause Water Shortages”.
GregT on Sat, 9th Nov 2013 6:51 pm
Ghung,
You took the words right out of my mouth.
It’s very sad, that we are so addicted to cheap energy, we can’t differentiate between a nicety, and a necessity. Our priorities are backwards.
Kenz300 on Sat, 9th Nov 2013 9:20 pm
Wind and solar power require little or no water……
One more reason to transition to safe, clean alternative energy sources.