World’s Largest Gas-Producing Nations: Natural Gas Will Keep the Lights on for the Next Generation

2021 ◽  
Vol 73 (04) ◽  
pp. 18-21
Author(s):  
Pat Davis Szymczak
Keyword(s):  
Natural Gas ◽  
Energy Demand ◽  
Carbon Capture ◽  
Fossil Fuels ◽  
Electricity Production ◽  
Energy Prices ◽  
The European Union ◽  
Global Energy ◽  
Renewable Sources ◽  
Energy Mix

Natural gas is almost certain to be the fastest-growing fossil fuel in the global energy mix for decades to come, comprising 28% of the global energy mix by 2050. Together with renewables, natural gas will likely fuel 60% of global electricity production, be it as pipeline gas, liquefied natural gas (LNG), or blue hydrogen. These are among the forecasts that appear in the 2020 edition of the GECF (Gas Exporting Countries Forum) Global Gas Outlook 2050 released in February 2021 and providing short-, medium-, and long-term energy projections based on assumptions regarding macroeconomic conditions, energy prices, and policies. The report is updated yearly and is the flagship publication of the organization, which represents countries that control 71% of global gas reserves. It is unique in that it focuses exclusively on the global gas industry, which today is providing for 23% of global energy needs. Headquartered in Doha, Qatar, the GECF is an intergovernmental organization comprising 11 member countries and nine observer states, established in 2001 by Russia and Iran. Moscow and Tehran had hoped that GECF would eventually morph into a “Gas OPEC” but that never happened. The organization’s analyses and forecasts do, however, present a worthwhile snapshot of how the world’s largest gas producers see the industry. Member states in GECF include Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, and Venezuela. Observer countries are Angola, Azerbaijan, Iraq, Kazakhstan, Malaysia, Norway, Oman, Peru, and the UAE. Unconventional Gas To Play Growing Role In its report, the GECF noted that unconventional resources will be playing a growing role in the market and that gas producers will need to emphasize unconventional projects to satisfy growing demand, as well as to invest heavily into exploration to identify and tap into new gas reserves and develop greenfield projects. “It is also important to highlight the increasing interest in hydrogen as a lever to support the deep decarbonization of the world’s economies,” Yury P. Sentyurin, GECF’s Secretary General, wrote in his introduction to the annual outlook. In mentioning hydrogen, Sentyurin is speaking about “blue hydrogen” which is produced from natural gas, and which, when combined with CCUS (carbon capture, utilization, storage) can marry commercial and environmental interests, further positioning natural gas as a transition fuel to bridge the gap between fossil fuels and renewable sources of energy. Blue hydrogen is in fact expected to satisfy half of the hydrogen demand projected worldwide by 2050, Sentyurin points out. Policies being set by countries in the European Union have focused more on costly “green hydrogen” produced from renewable sources; but not in the policies of other nations in regions of the world where growth in energy demand is expected to be the highest. Growth in European energy demand is largely flat.

scholarly journals Myth v. Fact

2011 ◽  
Vol 133 (01) ◽  
pp. 24-29 ◽  
Author(s):  
John Reilly ◽  
Allison Crimmins
Keyword(s):  
Energy Demand ◽  
Alternative Energy ◽  
Nuclear Energy ◽  
Fossil Fuels ◽  
Fossil Fuel ◽  
Primary Energy ◽  
Electricity Production ◽  
Energy Prices ◽  
Primary Energy Demand ◽  
Business As Usual

This article predicts future global energy demand under a business-as-usual scenario. According to the MIT projections, conventional technology supported by fossil fuels will continue to dominate under a business-as-usual scenario. In fact, in the absence of climate policies that would impact energy prices, fossil fuels will supply nearly 80% of global primary energy demand in 2100. Alternative energy technologies will expand rapidly. Non-fossil fuel use will grow from 13% to 20% by 2100, with renewable electricity production expanding nearly tenfold and nuclear energy increasing by a factor of 8.5. However, those sources currently provide such a small share of the world's energy that even rapid growth is not enough to significantly displace fossil fuels. In spite of the growth in renewables, the projections indicate that coal will remain among the least expensive fuel sources. Non-fossil fuel alternatives, such as renewable energy and nuclear energy, will be between 40% and 80% more expensive than coal.

scholarly journals Prioritizing Energy Sources to Generate Electricity (Application of Fuzzy Logic)

2015 ◽  
Vol 10 (2) ◽  
pp. 414-421
Author(s):  
Bahareh Hashemlou ◽  
Hossein Sadeghi ◽  
Arashk Masaeli ◽  
Mohammadhadi Hajian ◽  
Shima Javaheri
Keyword(s):  
Natural Gas ◽  
Energy Demand ◽  
Power Plants ◽  
Fossil Fuels ◽  
Electrical Energy ◽  
Electricity Production ◽  
Fuzzy Preference Relations ◽  
Safety And Reliability ◽  
The Cost ◽  
Day By Day

Organizations, institutions, and different sectors of manufacturing, services and agriculture are constantly making decisions. Each of the aforementioned sectors, have strategies, tactics, and various functions that play a basic role in reaching the objectives. On the other hand, energy demand in developing countries is increasing day by day. The exact calculation of the cost per unit of electricity generated by power plants is not easy. Therefore, this study according to four sources of natural gas, nuclear energy, renewable energy and other fossil fuels other than natural gas that are used in a variety of electricity production plants is trying to clarify the ranking of generation electricity approach using "fuzzy preference relations" analysis. Accordingly, three models were used and the results showed that natural gas, with regard to the four criteria of low investment cost, low power, lack of pollution and the safety and reliability of electrical energy has priority over other alternatives. Full preferred model results also suggested that the energy of natural gas, renewable energies, nuclear and other fossil fuels should be considered in a priority for power generation. Sensitivity analysis results moreover demonstrated that the above models are not affected by the threshold values ​​and the full stability of the models is observed.

Perspective Analysis of Emerging Natural Gas-based Technology Options for Electricity Production

2019 ◽  
Vol 20 (5) ◽  
Author(s):  
Gurbakhash Bhander ◽  
Chun Wai Lee ◽  
Matthew Hakos
Keyword(s):  
Natural Gas ◽  
Carbon Capture ◽  
Power Plants ◽  
Fossil Fuels ◽  
Gas Production ◽  
Combined Cycle ◽  
Electricity Sector ◽  
Electricity Production ◽  
Low Carbon ◽  
Electrical Generation

Abstract The growing worldwide interest in low carbon electric generation technologies has renewed interest in natural gas because it is considered a cleaner burning and more flexible alternative to other fossil fuels. Recent shale gas developments have increased natural gas production and availability while lowering cost, allowing a shift to natural gas for electricity production to be a cost-effective option. Natural gas generation in the U.S. electricity sector has grown substantially in recent years (over 31 percent in 2012, up from 17 percent in 1990), while carbon dioxide (CO2) emissions of the sector have generally declined. Natural gas-fired electrical generation offers several advantages over other fossil (e. g. coal, oil) fuel-fired generation. The combination of the lower carbon-to-hydrogen ratio in natural gas (compared to other fossil fuels) and the higher efficiency of natural gas combined cycle (NGCC) power plants (using two thermodynamic cycles) than traditional fossil-fueled electric power generation (using a single cycle) results in less CO2 emissions per unit of electricity produced. Furthermore, natural gas combustion results in considerably fewer emissions of air pollutants such as nitrogen oxides (NOx), sulfur dioxide (SO2), and particulate matter (PM). Natural gas is not the main option for deep de-carbonization. If deep reduction is prioritized, whether of the electricity sector or of the entire economy, there are four primary technologies that would be assumed to play a prominent role: energy efficiency equipment, nuclear power, renewable energy, and carbon capture and storage (CCS). However, natural gas with low carbon generation technologies can be considered a “bridge” to transition to these deep decarbonization options. This paper discusses the economics and environmental impacts, focusing on greenhouse gas (GHG) emissions, associated with alternative electricity production options using natural gas as the fuel source. We also explore pairing NGCC with carbon capture, explicitly examining the costs and emissions of amine absorption, cryogenic carbon capture, carbonate fuel cells, and oxy-combustion.

scholarly journals Evolution of Energy Strategies in Turkey: Forecasts by Time Series

2018 ◽  
pp. 1-16
Author(s):  
Soner Top ◽  
Hüseyin Vapur
Keyword(s):  
Time Series ◽  
Natural Gas ◽  
Energy Demand ◽  
Electricity Generation ◽  
Industrial Development ◽  
Fossil Fuels ◽  
Electricity Production ◽  
Energy Sources ◽  
Greenhouse Emissions ◽  
Increasing Demand

As a developing country with over 70% external dependence on energy, there is an increasing demand for electricity in Turkey. In this study, energy resources strategies in Turkey have been investigated and the historical development of its energy usage was summarised. Turkey's energy demand has increased as a result of industrial development and the various energy sources have been selected in different periods to meet this need. In all periods, fossil fuels have taken the lead in energy production. Although investments in renewable and nuclear energy sources have increased, fossil energy sources will not be replaced in the near future. The future fossil fuel production, the electricity production and the greenhouse emissions have been calculated and interpreted by time series (ARIMA), statistically. The forecasts mainly show that natural gas based electricity generation will decrease to 9.3% and renewable energy based electricity generation will increase to 25.6% in the next decade. It is obvious that the fossil fuels based greenhouse emissions will be 375.61 million tons CO2 equivalent in 2026 and the largest share of this emission will be derived from the natural gas by 66.3 billion m3.

scholarly journals The Energy from Renewable Sources in the European Union: Achieving the Goals

2019 ◽  
Vol 8 (5) ◽  
pp. 57 ◽  
Author(s):  
Sorin Petrica Angheluta ◽  
Sorin Burlacu ◽  
Amelia Diaconu ◽  
Cristina Stefania Curea
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
Energy Production ◽  
Fossil Fuels ◽  
Electricity Sector ◽  
Electricity Production ◽  
The European Union ◽  
Renewable Sources ◽  
Production And Consumption ◽  
Life On Earth

The existence and continuity of life on Earth is based on the existence of an ecological balance. Under the influence of pollution, the quality of the natural environment gradually degrades. Thus, pressures are exerted on the environment, including from energy production and consumption activities. The different phenomena of pollution, associated with the destruction of the environment, have made the sources of energy production diversified. Sustainable development can be achieved through the use of technologies that protect the environment. Within the electricity sector, energy from renewable sources has grown significantly in recent years. Energy production from Renewable energy reduces the use of fossil fuels, but also influences the process of reducing greenhouse gases. The article starts from the analysis of the current situation of renewable sources in the member countries of the European Union. With support of the comparative analysis of existing data at European level, the stage of achieving the European Union's objectives on renewable energy is presented. Also, comparative analyses of data on the share of renewable energy in final energy consumption are presented. Lack of emissions of pollutants, and the fact that they are inexhaustible, make, on the whole of electricity production, the share of renewable sources increases. Keyword: Renewable energy, European Union, electricity production

DÜNYANIN VE TÜRKİYE’ NİN DOĞAL GAZ TALEP SENARYOSU

2021 ◽  
Vol 8 (17) ◽  
pp. 44-57
Author(s):  
Çetin İNCEKARA
Keyword(s):  
Energy Source ◽  
Natural Gas ◽  
Energy Demand ◽  
Fossil Fuels ◽  
Fossil Fuel ◽  
Fuzzy Topsis ◽  
Energy Sector ◽  
Global Energy ◽  
Demand Scenario ◽  
Natural Gas Demand

Although the global energy demand varies from country to country, it is constantly increasing on a global scale. As per IEA’s projections, the usage of two energy sources will increase (renewable with 12% and natural gas with 28%) in the global energy demand until 2040. In the study, 48 number of experts/managers (Decision Makers-DM) working in the energy sector were interviewed to establish/determine 10 main criteria and 43 sub-criteria used in demand scenarios. In the study, fuzzy multi-objective mathematical model (by using fuzzy AHP, and fuzzy TOPSIS) is developed to calculate World's and Turkey’s natural gas demand under high and low demand scenarios. By the help of model, the usage of natural gas amount in World by regions between 2020 and 2030 is calculated. In Scenario-High it will increase by approx. 26 % between 2020 and 2030 and reached 4.800 bcm in 2040. In Scenario-Low it will increase by approx. 5 % from 2020 to 2030 and reached 4.000 bcm in 2030. It is the only fossil fuel expected to grow beyond 2030 since it is clean energy source. In Scenario-High natural gas demand by region is calculated/projected as follows: in 2030 North America 1250 bcm, Central and South America 250 bcm, Europe 650 bcm, Middle East 750 bcm, Eurasia 650 bcm, Asia Pacific 1250 bcm. In the study, under the high demand scenario it has been calculated that the usage of natural gas in Turkey will increase by 52% between 2020 and 2030 and reach approximately 76 bcm, and in the low demand scenario Turkey's total natural gas demand will decrease by approximately 9% and reach approximately 45 bcm. In the study by using Fuzzy TOPSIS method, 10 number of sectors are examined and “Energy sector” was the first and “Industry sector” was the second in the ranking of the sectors in terms of global and Turkey’s natural gas demand scenario. In the study, the usage of natural gas is the only fossil resource that is expected to increase in the global energy mix among fossil fuels in 2030. This is due to high reserve amount of natural gas, i.e. global conventional natural gas reserves with 206 trillion m3 and unconventional unexplored natural gas reserves with 354 trillion m3, and as well as being a clean and environmental-friendly energy source. Since it is a clean fossil fuel and it pollutes nature & air much less than other fossil fuels and has a minimum greenhouse gas emission amount compared to other fossil sources.

Global clean energy transition will be slow

2018 ◽  
Keyword(s):  
Energy Demand ◽  
Carbon Capture ◽  
Fossil Fuels ◽  
International Energy Agency ◽  
Energy Transition ◽  
Clean Energy ◽  
Status Report ◽  
Energy Prices ◽  
Energy Agency ◽  
Content Type

Subject Carbon reduction strategies. Significance The International Energy Agency (IEA) in March published its latest status report on trends in energy demand and greenhouse gas emissions. The report found that demand increased by 2.1% in 2017 (more than in previous years) and that most of that increase was met with fossil fuels. Global energy-related emissions grew 1.4%, reversing recent trends. These developments reinforce concerns that the transition towards a low- or zero-carbon economy is not progressing as quickly as it needs to if climate change is to be limited. Impacts Renewed carbon capture momentum will require a significant increase in carbon prices to improve the viability of investments. Major electricity supply disruptions would help revive interest in nuclear power. The prospects for increased energy efficiency are largely dependent upon the future trajectory of energy prices.

scholarly journals Energy Indicators in the Context of Globalization

2020 ◽  
Vol 74 ◽  
pp. 06005
Author(s):  
Răzvan Cătălin Dobrea ◽  
Sorin Petrică Angheluţă ◽  
Amelia Diaconu
Keyword(s):  
European Union ◽  
Fossil Fuels ◽  
New Technologies ◽  
Point Of View ◽  
Electricity Production ◽  
The European Union ◽  
Green Technologies ◽  
Renewable Sources ◽  
New Challenges

Globalization leads to new challenges. There is a trend of growth of the population. At the same time, production processes are subject to changes. If the new technologies are based on environmental protection, then we can also be considered that the greenhouse gas emissions will be reduced. As energy requirements are rising, it is important to efficient use of natural resources. This, especially, as energy sources differ from one country to another. In this context, dependence on energy imports becomes important. From this point of view, for the countries of the European Union, the article analyzes the evolution of energy efficiency. In recent years, it trying to replace fossil fuels with renewable fuels. Analyzing the share of energy from renewable sources in total electricity allows us to observe the degree of decarbonisation of the European Union economy. The use of energy from renewable sources allows the development of green technologies and contributes to the protection of the environment. Producing of the energy in a region and transporting it to another region creates bridges and contributes to globalization. Thus, in the process of globalization, the role of energy is increasingly important. The article presents a European analysis of gross and net electricity production.

BP Global Energy Outlook 2030

2013 ◽  
pp. 109-128 ◽  
Author(s):  
C. Rühl
Keyword(s):  
Emerging Economies ◽  
Energy Demand ◽  
Fossil Fuels ◽  
Net Energy ◽  
Global Energy ◽  
The Past ◽  
Market Shares ◽  
The Us ◽  
Almost All ◽  
Oil Gas

This paper presents the highlights of the third annual edition of the BP Energy Outlook, which sets out BP’s view of the most likely developments in global energy markets to 2030, based on up-to-date analysis and taking into account developments of the past year. The Outlook’s overall expectation for growth in global energy demand is to be 36% higher in 2030 than in 2011 and almost all the growth coming from emerging economies. It also reflects shifting expectations of the pattern of supply, with unconventional sources — shale gas and tight oil together with heavy oil and biofuels — playing an increasingly important role and, in particular, transforming the energy balance of the US. While the fuel mix is evolving, fossil fuels will continue to be dominant. Oil, gas and coal are expected to converge on market shares of around 26—28% each by 2030, and non-fossil fuels — nuclear, hydro and renewables — on a share of around 6—7% each. By 2030, increasing production and moderating demand will result in the US being 99% self-sufficient in net energy. Meanwhile, with continuing steep economic growth, major emerging economies such as China and India will become increasingly reliant on energy imports. These shifts will have major impacts on trade balances.

scholarly journals Advances in Underground Energy Storage for Renewable Energy Sources

2021 ◽  
Vol 11 (11) ◽  
pp. 5142
Author(s):  
Javier Menéndez ◽  
Jorge Loredo
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
Energy Storage ◽  
Natural Gas ◽  
Greenhouse Gas ◽  
Fossil Fuels ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
The European Union ◽  
Coal Fuel

The use of fossil fuels (coal, fuel, and natural gas) to generate electricity has been reduced in the European Union during the last few years, involving a significant decrease in greenhouse gas emissions [...]

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