Dallas, Texas (PRWEB) December 11, 2012
More efficient power plants, lower carbon emissions and a wealth of recent discoveries across the country has seen natural gas production boom in popularity in the US, but will it prove a long-term and reliable successor to coal?
“Changing Thermal Power Mix- Is Gas a Viable Substitute for Coal ?” states that while shale gas is expected to surge in the future, outpacing a receding coal sector, there are several reasons for gas companies to proceed with caution.
Firstly, large-scale natural gas production is a more recent US endeavour, and although hailed as a massive boost for the nation’s energy industry, the country’s shale plays are relatively new and unproven.
For example, last year the US Energy Information Administration (EIA) in its Annual Energy Outlook (AEO) estimated the Marcellus Shale play to have technically recoverable reserves of 400 trillion cubic feet (tcf), whereas in the same year the US Geological Survey (USGS) estimated far more modest reserves of 84.2tcf. The latest guess of the EIA, released earlier this year, places the figure between the two at 140.6tcf.
Additionally, although gas is favoured over alternative fossil fuels for its comparatively low carbon emissions output, gas fired plants are still responsible for a substantial amount of pollution. With emissions targets to meet US government’s growing focus on the commercialization of renewable energy generation is to cannibalize a portion of the expanding shale gas sector.
In 2011, the share of gas in the US power mix was a little over 41%, but while natural gas energy production will continue to grow, its share in the national power mix is expected to fall by 1.6% by 2020, thanks in no small part to government initiated renewable energy initiatives.
This report discusses how the move toward gas is gaining momentum in many countries.
- Global and Regional analysis of gas power generation
- Coal and gas power installed capacity and power generation forecast for key countries
- Key drivers and restraints impacting gas fired generation including impact of shale gas.
- Regulations affecting coal and gas power generation in key countries
Reasons to Buy
- Facilitate decision-making based on strong historic and forecast data for gas power generation.
- Develop strategies based on the latest power sector trends.
- Position yourself to gain the maximum advantage from gas power generation growth potential.
- Identify key partners and business development avenues.
- Respond to your competitors’ business structure, strategy and prospects.
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Major Points from Table of Contents:
- Gas vs. Coal - Drivers of Change
- Gas vs. Coal - Current Market Dynamics
1. Regional Analysis
2. Role of Unconventional Gas
3. US - Gas is the Way Ahead
4. Mexico - Gas Power to Lead
5. Russia - Natural Gas Inevitable to Meet Electricity Demand
6. Japan - Gas to Fill Power Gap Created by Nuclear Disaster
7. Italy - Gas Power Growth to Remain Stable while Renewable Leads
8. UK - Gas to Aid Transition to a Low-carbon Economy
9. China - Gas Power Generation to More than Triple but Coal Continues to Remain Dominant
- List of Tables
- List of Figures
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