Publication: Natural Gas and the Clean Energy Transition
Date
2019-03
ISSN
Published
2019-03
Author(s)
Townsend, Alan F.
Abstract
In the clean energy transition, the
value of natural gas infrastructure is very important for
operating the energy system. Gas-fired power plants
contribute to optimized energy systems when they are
designed to operate flexibly, responding to demand patterns
and the variable supply of renewable energy. Smart
electricity grids, renewable energy, battery storage
technology, and gas-fired power plants in combination will
generally be the lowest cost, low-carbon solution to the
growing energy requirements of emerging markets. Private
investors and financiers are responding to these
opportunities, but the full potential will only be reached
with improvements in policy, regulation, and procurement in
destination markets.
Citation
“Townsend, Alan F.. 2019. Natural Gas and the Clean Energy Transition. EMCompass,no. 65;. © International Finance Corporation, Washington, DC. http://openknowledge.worldbank.org/handle/10986/32649?show=full License: CC BY 3.0 IGO.”
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