Concurrent 3. Presentation for: The continuing role of gas as the natural companion to renewable energy
Martin Wilkes A *A RISC Advisory, 1138 Hay Street, West Perth, WA, Australia.
The APPEA Journal 62 - https://doi.org/10.1071/AJ21308
Published: 3 June 2022
Abstract
Presented on Tuesday 17 May: Session 3
Four years ago I gave a presentation entitled ‘Repositioning Gas in the Energy Mix’, where we outlined the need to continue to invest in natural gas in order to enable the penetration of renewable energy into the market. In that presentation we highlighted the danger of the ‘green, cheap squeeze’ on gas; squeezed by cleaner renewables on the one hand, and cheaper coal on the other, and proposed changing the messaging away from seeing gas as a transition fuel to acknowledging the longer-term enabling role gas would have to play in the energy mix. Since then several countries have managed to achieve significant reductions in emissions due to power generation, and we now have evidence that supports the continuing role of natural gas in the energy mix. This presentation will review the progress made in emissions’ reductions over the past few years, examining the key issues and confirming the impact that increasing amounts of renewable energy has on existing power generation and supply systems. We will also examine and provide insights into the issues requirements for further reductions in emission levels.
To access the presentation click the link on the right. To read the full paper click here
Keywords: batteries, emissions’ reduction, hydrogen, natural gas, nuclear, pumped hydro, pumped hydroelectricity, renewable energy, renewables, VRE.
Martin Wilkes is the Managing Director of RISC, an independent International Energy Advisory Company headquartered in Perth, Western Australia. Martin is a Chartered Engineer and a Chartered Environmentalist. He is a Fellow of the Institution of Chemical Engineers and a member of the Association of International Energy Negotiators (AIEN). He has a Master of Engineering degree from the University of Newcastle upon Tyne in the UK. Martin has worked in the energy industry for over 30 years, holding a range of international positions including project development, business leadership and planning, corporate governance, and technical training. Since joining RISC in 2010 he has provided advice to clients on hundreds of projects, including over 30% of the world’s LNG projects, and several multi-billion-dollar transactions. |
