The natural gas price is modeled by Markov chain Monte Carlo for a long-term period, and the models are analyzed using the data published by the energy information administration. The results show that exporting the natural gas or the electricity in suitable forward price are the most profitable...
As with all other comparisons of heating with natural gas versus electricity, when electricity is produced via a heat engine (i.e. a turbine at a heat-powered power plant such as a coal, natural gas, nuclear, or geothermal electric plant), about two thirds of the energy in the heat sour...
Replacing coal with natural gas has contributed to recent emissions reductions in the electric sector, but there are questions about the near- and long-term roles for gas under deep decarbonization. In this study, we assess the potential role for natural
Since 2011,a total of 121 power plants in the United States have stopped burning coal and switched to burning natural gas[1],which produces about 50%less carbon dioxide(CO2)per megawatt-hour of electricity generated than does burning coal[2,3].If current plans come to fruition,more than 170...
To assess the benefits of natural gas in the transportation sector (Pickens Plan) versus the electricity sector, the authors considered a scenario where natural gas is increased in the electricity sector instead of the freight sector. This scenario yielded greater emissions reductions than the Pickens...
4.2.2 Challenges of storage and transportation versus oil Oil has the obvious advantage over gas in that, as a liquid, it can be easily contained, stored, and transported. Transportation of oil by any of the modals was never an issue from the early days of wooden barrels and pipelines in...
Hydrogen versus natural gas Why convert methane (natural gas) to hydrogen to use as a transport fuel? The natural gas system in Ireland is extensive, is interconnected to the European gas network, and at least 40 % of the population have access to natural gas in their homes. To construct ...
31% European LNG imports versus total European gas imports Why can natural gas play a supporting role in the energy transition? Natural gas has the smallest carbon footprint among fossil fuels, with methane combustion producing about 50% less emissions than coal. The flexibility and reduced lead...
However over the years, fluctuating energy markets will complicate matters. Therefore, the best possible solution is a universal plant with a hybrid design, where the same equipment can run on either natural gas or electricity. The hybrid technology will have to be focused on the oxidation ovens...
After natural gas, not one of the remaining alternative fuels constitutes more than about 0.01% of gasoline sales. This includesliquefied natural gas, M85, E85, M100, E100, and electricity. According to the 2002 Fuel Economy Guide, the mix of new 2002 light-duty alternative fuel vehicles offe...