As both economies and populations grow worldwide, the demand for energy continues to increase. In order to strengthen their energy security, many countries turn to the diversification of their energy mix. However, as environmental concerns grow, the impact the energy sources chosen have on global emissions is also a key concern. Across Europe and Asia, many pose the question – what role will natural gas play in the future energy mix in relation to coal, oil, natural gas, renewables and nuclear? In the recent years, natural gas has slowly started to increase its share in the energy mix within many countries. It has become a favoured fossil fuel choice over coal and oil due to its lower carbon emissions and also higher fuel efficiency -but at what price point does natural gas become a less attractive option?
Posted on: Fri, 04 Jul 2014 03:55:29 +0000
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