A few months ago, I read an informative article posted by Natural Gas World, titled “BP’s Review of World Energy Reflects Rising Concerns”
In brief, global energy demand and carbon-emissions continue to grow, and despite rapid growth, renewables are not keeping pace with growing power demands. The percentage of gas and oil (26%) and coal (38%) providing this power has remained unchanged for 20 years, proving that our chances of achieving a decarbonised future requires action now, not later (renewables made up just 4% in 2018). As living standards in Asia and Africa continue to improve and move closer to those in the developed world, the trajectory for global power demand is unlikely to waiver. Therefore what is needed is more energy but with fewer emissions. In order to meet the current climate targets, the adoption of a wide range of ‘cleaner’ fuels and ‘greener’ technology is required now.
In the UK and parts of Europe steps are being taken, but do other countries have the appetite to replace coal and liquid fuels with a combination of renewables and gas fired power generation? Replacing coal with gas alone could effectively half the associated emissions.