IGU Reaction to the IEA World Energy Outlook 2015
Greater Use of Natural Gas Will Help Improve Urban Air Quality and Reduce Emissions Immediately
Continued Growth Brings Natural Gas towards Parity with Oil and Coal in 2040.
Greater Use of Natural Gas in Power Generation and Transport Is a Fast Track to Improving Urban Air Quality and Reducing Emissions.
- Policies to stimulate coal-to-gas switching in the power sector. These have led to substantial impovement to air quality and reductions in CO2-emissions, for example in the United States. Where such policies are lacking, coal-fired power production remains dominant. The IGU will present a report that provides substantial proof of how some of the major mega-cities of the world have been able to achieve this.
- Policies to stimulate greater use of natural gas in transport. The WEO-2015 notes that “the fastest growth rate in natural gas consumption, albeit from a low base, is in the transportation sector, in the form of compressed natural gas (primarily for passenger vehicles) and LNG (for trucks and maritime transport).”
- Policies to stimulate the integration of renewables and natural gas in electricity markets. For example, given the urgent need for more energy storage capacity as a result of the growth of intermittent renewables, and the limitations of current electricity storage means, the possibilities of using the existing natural gas storage and transmission systems as a form of energy storage (power-to-gas) should be promoted.
- Forms of effective regulations and carbon pricing to stimulate switching from coal to natural gas.
- Accelerated investments in technology and innovation to drive higher efficiency levels should be supported.
IEA Recognizes Gas Industry for its Environmental Performance in Unconventional Resource Development.
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