Role of natural gas in shaping energy sector trends

Role of natural gas in shaping energy sector trends

– Natural gas is considered a cleaner alternative to coal and oil.
– Plays a pivotal role in transitioning to low-carbon energy systems.

Key Sectors Driving Demand

– Power generation, industrial applications, and residential heating.
– Increasing use in transportation as compressed natural gas (CNG).

Global Shift Towards LNG

– LNG enables long-distance transport and global trade.
– Rising investments in LNG terminals are boosting energy infrastructure.

Natural Gas and Renewable Energy Integration

– Provides backup for intermittent renewable energy sources like wind and solar.
– Ensures grid stability during peak demand periods.

Future Outlook for Natural Gas

– Increased focus on reducing methane emissions for sustainability.
– Emerging technologies like hydrogen blending are expanding its potential.