BAKU, Azerbaijan, Nov.21. The gas industry needs to further develop, transfer and deploy these cleaner technologies, making the energy transition an opportunity for expanded use of natural gas, Trend reports with reference to the long-term strategy of the Gas Exporting Countries Forum (GECF).
“The energy transition, driven mainly by the climate agenda, has gathered momentum, with the focus being on the development of renewables, greater electrification, increasing energy efficiency, and raising hydrogen ambitions. It is nevertheless true that there is no one-size-fits-all model. The energy transition takes various forms and speeds across the world. As a matter of fact, natural gas is an energy source that constitutes the balanced solution, given its numerous advantages on economic, social and environmental dimensions, and that it fits most emissions-reduction pathways. It has a huge potential to contribute to achieving the UN SDGs, while replacing carbon-intensive fuels in a range of sectors, eradicating energy poverty and helping to move away from the use of traditional biomass for cooking, thereby arresting air pollution and deforestation,” GECF said.
The document reveals that natural gas provides the necessary backup and stability to power grids that rely on intermittent and variable sources of energy. Furthermore, technology to make gas even cleaner, such as methane emissions reduction and CCUS, is mature and readily available.
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