Prospects For LNG To Contribute To The “20-20-20” Targets As A Transition Fuel
Mr John Holding Given the EU targets – set some 3½ years ago now – which are to be met by 2020: A reduction in EU greenhouse gas emissions of at least 20% below 1990 levels 20% of EU energy consumption to come from renewable resources A 20% reduction in primary energy use compared with projected levels, to be achieved by improving energy efficiency - collectively known as the “20-20-20” targets – a question that naturally arises is whether there is a role for LNG (Liquefied Natural Gas) as a transition fuel or even as a component of the ultimate solution. LNG as a globally transportable, fungible fuel offers the same attributes as natural gas with the added advantage of freeing the dependence from established fixed gas pipeline supplies – e.g. Russian gas into Europe. But gas is a hydrocarbon, so it contributes to GHGs, however, it is relatively “clean” having the lowest Carbon Coefficient of all naturally occurring hydrocarbons. Consequently there are numerous opportunities for gas – hence LNG – to substitute for dirtier fuels. It appears that LNG could Read more…
Categories: Academic Papers, Energy and environment, Energy economics, Gas
Tags: 20-20-20, conference 2010, Energy in a Low carbon economy, Gas, Henry Hub, IOCs, LNG, Shale gas, USA
Prospects For LNG To Contribute To The “20-20-20” Targets As A Transition Fuel - Paper.pdf 908.59 KBProspects For LNG To Contribute To The “20-20-20” Targets As A Transition Fuel - Presentation.pdf 402.28 KBSep
2010
