Report claims Britain to run out of fossil fuels in five years' time

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New research has suggested Britain will run out of fossil fuels such as oil, coal and gas in as little as five years.

The report from the Global Sustainability Institute claims the shortages will increase the country's dependency on imports from Russia, Norway and Qatar.

Britain has 5.2 years of oil, 4.5 years of coal and as little as three years of its own gas supply remaining according to the report.

Global Sustainability Institute director, Dr Aled Jones, said: "The EU is becoming ever more reliant on our resource-rich neighbours such as Russia and Norway, and this trend will only continue unless decisive action is taken."

The report also investigated the rest of Europe, painting a varying picture of the energy landscape across Europe. It claimed countries such as Germany had 250 years worth of coal remaining but France had less than a year's supply of all three major fossil fuels.

Instead of a continued reliance on non-renewables, the Institutes' Professor Victor Anderson said Europe should focus on renewable energies including tidal, solar and wind power.

Jim Skea, Research Councils fellow in UK Energy Strategy disputed the claims of the report though.

Speaking to BBC News, he said: "This sounds very unlikely. What's more, it's irrelevant - the UK has a stable supply of imported energy, even if it is a good idea to increase our own supplies."

A spokesman for the Department of Energy & Climate also questioned the findings, describing the premise of the report as 'nonsense'

He added: "The UK is one of the most energy secure countries in the world thanks to the combination of our own reserves, our diverse sources of imported energy and our focus on increasing clean, homegrown energy in the UK - which includes nuclear, renewables and carbon capture and storage.

"As well as attracting record investment into our energy security since 2010, the UK is leading globally on energy security, particularly through the G7 which has agreed to take global action to improve energy security, and in getting a deal in the EU to cut carbon emissions by 40% by 2030."

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