The Future of Natural Gas: Key Trends Shaping Global Energy Markets
Received Date: Nov 01, 2024 / Published Date: Nov 30, 2024
Abstract
The future of natural gas is poised for significant transformation as global energy markets undergo rapid changes. With increasing demand for cleaner energy, natural gas is seen as a transitional fuel, offering a lowercarbon alternative to coal and oil. However, the growth of renewable energy, technological advancements in energy storage, and the global push for decarbonisation are challenging its long-term role. This paper explores the key trends shaping the future of natural gas, including the rise of liquefied natural gas (LNG) trade, geopolitical shifts, regulatory developments, and innovations in carbon capture and storage (ccs). Additionally, the increasing adoption of electrification and hydrogen as alternative energy solutions presents new challenges and opportunities for natural gas. The analysis provides insights into how these trends will influence supply and demand, pricing dynamics, and the strategic positioning of natural gas in a decarbonized energy future.
Citation: Davit D (2024) The Future of Natural Gas: Key Trends Shaping Global Energy Markets. Oil Gas Res 10: 385. Doi: 10.4172/2472-0518.1000385
Copyright: © 2024 Davit D. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
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