Quoting a recent article by Energy Voice, we agree that “energy efficiency is one of the four pillars of deep decarbonization, joining electrification, reduction of the share of fossil fuels used in all sectors, and reduction in non-combustion emissions such as methane leaks”.
The way in which we set out to deliver ‘Gas2Wire’ projects addresses/encompasses all four of these pillars:
- Energy efficiency – gains are achieved through improving the energy efficiency of converting natural gas to power, over its lifecycle. By removing process steps and converting the gas directly ‘to wire’, the energy usage (losses) required to compress and transport natural gas, are removed from the equation (it is instead used/converted at the point of extraction)
- Electrification – gains are achieved through building the required electrical infrastructure out into the basin. Natural gas fields converted to ‘G2W’, as well as satellite/nearby fields can benefit from clean onshore power or cleaner offshore power, by the electrical cables brought into their vicinity. The cables installed will also support, if not directly promote, renewable generation projects (into which the G2W Hubs will expand)
- Reducing share of fossil fuels – gains are achieved through a ‘lower for longer’ approach to production, which has been designed specifically to prolong the life of an existing indigenous reserve and resource base, working together/alongside renewables (intermittent) throughout the transition, instead of directly competing in the market place
- Reducing non-combustion emissions – gains are achieved by replacing existing gas export pipelines with electrical power cables, effectively removing all of the associated fugitive emissions (CH4 losses). Existing pipelines can then be used/become available for future CCS and H2 generation and storage projects