LNG ready to play its part
LNG will have a growing role in the electrification of the global energy economy, despite increasing headwinds from the anti-fossil fuel lobby
The use of LNG for electricity generation will continue to grow rapidly over the coming two decades as humanity addresses the multiple challenges of meeting rising demand for energy, mitigating climate change and eliminating energy poverty. LNG-into-pipelines is likely to be the main vehicle for this growth because of the complexities involved in putting together bankable integrated LNG-to-Power schemes. Moreover, the future beyond 2040 is hard to conceive as we approach the 2050 target date for carbon neutrality set out in the 2015 Paris climate agreement—so much will depend on policies to be decided. Such was the consensus view of industry executives, energy experts and the 150-plus dele
Also in this section
28 March 2024
As a gas supply shortfall looms, balancing regulatory flexibility with energy security and investor confidence will be critical
27 March 2024
Oil producers have to untangle the increasingly complicated relationship with their natural resources
26 March 2024
Strategic stocks have become as much a market management tool as a security of supply buffer, and this new tactic is likely to continue beyond the next election
25 March 2024
Low carbon intensity and sizeable projects such as Johan Castberg coming onstream in late 2024 suggest a robust outlook at least until 2030