Natural Gas Markets
PESD has investigated the geopolitical consequences of the world's increasing dependence on natural gas. Two studies modeled potential demand in the new gas markets of China and India.
PESD paper helps frame conference session on Asian natural gasAnnouncement
PESD Associate Director Mark Thurber and Research Associate Joseph Chang wrote "The Policy Tightrope in Gas-Producing Countries: Stimulating Domestic Demand Without Discouraging Supply" that helped frame the discussion at the 2011 Pacific Energy Summit in Jakarta, Indonesia. The study explores and assesses the policy options that gas-rich governments can use to develop domestic gas markets, with a focus on major Asian gas-producing countries.
- » The Policy Tightrope in Gas-Producing Countries: Stimulating Domestic Demand Without Discouraging Supply
in the news: The Jakarta Post on February 24, 2011
In order for Indonesia to meet its increasing domestic demand for liquefied natural gas (LNG), the country (one of the largest LNG producers) is gearing up to start importing up to 4.5 million tons of LNG annually. Read more »
PESD Policy Brief: Natural Gas Can Play Key Role If Governments Support It
PESD Associate Director Mark Thurber argues that natural gas, often the neglected stepchild of the climate debate, in fact has the most potential among energy supply options to achieve cost-effective greenhouse gas reductions in the near term. Dramatic advances in techniques for extracting "unconventional gas" could presage a bright future for the fuel, but only if governments do their part to support the expansion of gas demand and associated infrastructure.
China's need to lower its carbon and sulfur dioxide emissions could steer its energy demand towards natural gas. However, this shift would be contingent on financial reforms in particular. This study delves deeper into the geo-political factors behind the potential for this energy source in three major urbanizing regions in China. Read more »
Victor delivers keynote lecture at Petro Gas conference in New Delhiin the news
David Victor delivered the keynote lecture at the 7th Annual Petro India Gas Conference in New Delhi, India on September 25. The conference was organized by India Infrastructure Publishing and focused on the significance of the industry within the context of the world energy market. In his lecture on "Regulation and Pricing in the International Gas Market" Victor highlighted some key issues that need particular attention in the rapidly changing Indian gas market.
PESD researcher Mike Jackson concludes that coal is likely to remain in the Indian power sector, but opportunities exist for gas in peak power. For the fertilizer sector, political constraints will buoy gas demand despite significant opportunities for cheaper fertilizer imports. Industrial consumers will displace expensive liquid fuels with LNG, but cheap coal remains the dominant fuel.
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PESD researcher BinBin Jiang, working with collaborators in three coastal provinces, releases a new paper that estimates demand for natural gas in China. The study shows that gas competes mainly in niche markets but can't unseat coal for power generation unless very tight regulations on local air pollution are applied. If local pollution is regulated, however, the study suggests that China would also make a substantial dent in its CO2 emissions.
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