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| Wed, 22nd Jul 2020 15:19:00 |
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Cheap Natural Gas To Remain Fuel Of Choice For Decades To Come |
While net-zero emissions goals started in England last year are spreading to governments, utilities, and private companies worldwide, natural gas doesn’t have to go the way of coal. Coal is facing its death knell for firing the power grid, but gas has huge potential for playing an important role by building on its already existing strengths and infrastructure.
An executive from engineering firm Black & Veatch, recognized for its oil & gas expertise, believes that natural gas will play a key role approaching a set of strategies over the next 30-plus years before net-zero campaigns start being enacted. Utility operators and gas companies could be key stakeholders in this trend.
New plant design, reliable energy grid generation, low gas prices, tapping into hydrogen, and using the right carbon capture, utilization, and sequestration procedures, are among the strategies stakeholders can deploy during this transition. Black & Veatch’s Jason Rowell sees it as a strategy for future-proofing the net-zero transition.
Power plants are now tapping into new design and technology from the oil & gas sector. Advanced gas turbine generator plants hold the greatest promise. They’re now made to supply more than 400 MW to the grid in 10 minutes; they’re also being designed to reach full combined load cycles within 30 minutes to an hour. Gas-powered turbine generators are starting to see success in increased capacity and achieving efficiency scaling up to their full-load capacity.
Gas-turbine plants also demonstrate the benefits of complementing and supporting solar and wind generation. It offers a more reliable, balanced portfolio of electrical generation that both reduces carbon emissions and maintains a consistent power supply. Going with solar and wind completely means sacrificing reliability through dependency on intermittent power sources. Maintaining grid reliability and resiliency through gas-turbine plants can help advocates push for net-zero goals.
Read original full article
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