Global Liquified Natural Gas Trade under Energy Transition

With the recent rising attention and debates on the role of natural gas, especially liquid natural gas, in energy transition, it is critical to have a consistent approach in assessing uncertainties and dynamics in the global gas market during the next two to three decades. There are two objectives of this paper. The first one is to estimate and discuss the impacts of the global liquified natural gas (LNG) trade under a low-carbon scenario using a partial equilibrium model. The second objective is to discuss the role of a structural economic model in empirical analysis and strategy design under a regime shift, such as an energy transition, for the global natural gas market.

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The role of gases in the European energy transition

Russian Journal of Economics ◽

10.32609/j.ruje.6.55105 ◽

2020 ◽

Vol 6 (4) ◽

pp. 390-405

Author(s):

Jonathan Stern

Keyword(s):

Natural Gas ◽

Carbon Capture ◽

Large Scale ◽

Carbon Capture And Storage ◽

Energy Transition ◽

Regulatory Frameworks ◽

Gas Market ◽

Power To Gas ◽

The Eu

The role of gases in the energy transition is a different, and much more immediate, issue in the EU, compared with other global regions. Net zero targets for 2050 mean that in order to retain the gas market and the extensive network infrastructure which has been developed, zero carbon gases will need to be developed, and natural gas (methane) will need to be decarbonized. Maximum availability of biomethane and hydrogen from power to gas is estimated at 100–150 billion cubic meters by 2050 (or around 25–30% of gas demand in the late 2010s. Therefore, large scale hydrogen production from reforming methane with carbon capture and storage (CCS), or pyrolysis, will be needed to maintain anything close to current demand levels. Costs of biomethane and hydrogen options are several times higher than prices of natural gas in 2019–2020. Significant financial support for decarbonization technologies — from governments and regulators — will therefore be needed in the 2020s, if they are to be available on a large scale in the 2030s and 2040s. If the EU gas community fails to advance convincing decarbonized narratives backed by investments which allow for commercialization of renewable gas and methane decarbonization technologies; and/or governments fail to create the necessary legal/fiscal and regulatory frameworks to support these technologies, then energy markets will progressively move away from gases and towards electrification.

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Reinvigorating the role of clean energy transition for achieving a low-carbon economy: evidence from Bangladesh

Environmental Science and Pollution Research ◽

10.1007/s11356-021-15352-w ◽

2021 ◽

Author(s):

Muntasir Murshed ◽

Zahoor Ahmed ◽

Md Shabbir Alam ◽

Haider Mahmood ◽

Abdul Rehman ◽

...

Keyword(s):

Energy Transition ◽

Clean Energy ◽

Low Carbon ◽

Low Carbon Economy ◽

Carbon Economy

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The Prospects for Reducing the Carbon Footprint in Liquefied Natural Gas Industry

Oil and Gas technologies ◽

10.32935/1815-2600-221-134-3-3-10 ◽

2021 ◽

Vol 134 (3) ◽

pp. 3-10

Author(s):

D. M. Grigoyeva ◽

◽

E. B. Fedorova ◽

Keyword(s):

Natural Gas ◽

Carbon Footprint ◽

World Economy ◽

Energy Transition ◽

Liquefied Natural Gas ◽

Export Market ◽

Low Carbon ◽

Gas Industry ◽

Natural Gas Industry

To meet the terms of the Paris Agreement, it will be necessary to restructure the world economy, make an energy transition to low-carbon development, which will subsequently affect the conventional energy sources industry and, in particular, the liquefied natural gas (LNG) sector. The article provides an overview of the prospects for reducing the carbon footprint in the gas industry. Technical, political and economic measures of decarbonization formation are given. The prospects of the natural gas export market for Russia are outlined. The classification of technologies related to carbon dioxide capture is presented. Special attention is paid to reducing greenhouse gas emissions in the LNG industry.

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Modelling the Impact of Energy Subsidies Reform in the Republic of Moldova

Economica ◽

10.53486/econ.2021.116.007 ◽

2021 ◽

Author(s):

Mihail Roscovan ◽

Keyword(s):

Natural Gas ◽

Greenhouse Gas ◽

Equilibrium Model ◽

Value Added ◽

Partial Equilibrium ◽

Energy Subsidies ◽

Republic Of Moldova ◽

Partial Equilibrium Model ◽

The Republic ◽

The Impact

This article presents the methodology and results of modelling for the analysis on energy affordability and assessing the impact of a possible value added tax increase on the affordability of households to consume adequate levels of natural gas, electricity and heat. The analysis of the reform impact of the subsidy schemes is based on a partial equilibrium model which measures the impact of reforms on energy affordability of different householder groups and budgetary revenue and expenditure, but also on greenhouse gas emissions. Using of targeted social policies generates a budget surplus that can be allocated to energy

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Should Countries Fire Sell their Oil & Gas Assets? Addressing the Mis-conceptions Surrounding the Continued Role of Fossil Fuels in the Energy Transition Era

Journal of Sustainable Development Law and Policy (The) ◽

10.4314/jsdlp.v11i2.7 ◽

2021 ◽

Vol 11 (2) ◽

pp. 432-440

Author(s):

Victoria R. Nalule ◽

Xiaoyi (Shawn) Mu

Keyword(s):

Fossil Fuels ◽

Energy Transition ◽

Low Carbon ◽

Energy Access ◽

Poverty Eradication ◽

Low Carbon Economy ◽

Tackle Climate Change ◽

Oil Gas ◽

Carbon Economy

Access to modern energy such as electricity is key in the economic development of any country, and yet over 600 million people remain with no access to electricity in developing countries. It is true that both renewable energy and fossil fuels are key in the achievement of the United Nations Sustainable Development (UN SDG) Goal 7 and Goal 1 on energy access and poverty eradication respectively. However, the current global efforts to transition to a low carbon economy, and tackle climate change as stipulated in the SDG 13 and the 2015 Paris Agreement, have created a lot of tension on fossil fuel developments in recent years.This commentary article is presented as a question and answer session aimed at addressing the misconceptions surrounding the achievement of SDG 7 and SDG 13 in this energy transition era. The paper is of interest to oil producing countries. The article follows the various questions raised by policymakers during an online seminar delivered by both the authors entitled, ‘Fossil Fuels in the Energy Transition Era’.

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The Role of Clean Energy

Climate Change ◽

10.1093/wentk/9780190866112.003.0006 ◽

2018 ◽

Author(s):

Joseph Romm

Keyword(s):

Energy Transition ◽

Clean Energy ◽

Low Carbon ◽

Low Carbon Economy ◽

Energy Technologies ◽

Carbon Economy

This chapter will focus on the clean energy revolution and the technologies most widely discussed for a transition to a low carbon economy. It will explore the scale of the energy transition needed to explain why some energy technologies are considered likely to be major...

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