Diverging Paths for Natural Gas


Natural gas long has benefitted from its reputation as the cleanest of the fossil fuels, with far lower carbon intensity than petroleum products or coal. Utilities concerned about limiting emissions have swapped coal-fired power plants for cleaner-burning natural gas generators. Some medium and heavy-duty vehicle fleets switched from diesel to compressed natural gas. Some industrial applications have shifted from petroleum-powered equipment to that fueled by natural gas. As a result, demand for natural gas is unlikely to decline as quickly or as steeply as that of other fossil fuels as the world attempts to slow climate change. Demand for natural gas is expected to continue to grow over the next few decades, driven by efforts in the developing world to both increase access to energy and to replace coal and other, dirtier energy sources with gas. However, natural gas, once viewed as a key intermediate in the energy transition, is already facing headwinds. Demand in the United States and other advanced economies is plateauing as part of the move to electrification powered by clean energy sources, including solar, wind, and nuclear. Natural gas markets themselves are changing, reflecting both current interest in and anticipated future demand for cleaner forms of natural gas.

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Guest Speakers

Speaker: Greg Bean
Director, Gutierrez Energy Management Institute

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