Publications

The world dependency on high carbon fuels is still a primary concern in the effort to slow down global warming. Slow development of low carbon energy sources is due to its intermittent output (except nuclear power plant) and high installment cost. Liquefied Natural Gas (LNG) is promoted to bridge this transformation as it can produce power at half the carbon emission of coal at the final user. Moreover, LNG is expected to complement intermittent output of renewables (i.e. solar and wind) due to its fast power ramp-up time and storage ability. In a worldwide view, enormous natural gas reserves and its efficient liquefaction makes it cheap with a price close to that of coal per MMBtu of energy. Increase of world energy demand and preference over cleaner energies will boost LNG demand and subsequently attract more investment. This massive investment in LNG sector can be used to reduce coal consumption and back-up low carbon energies which is a support for a global low-carbon energy transition.