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Natural Gas and the Clean Energy Transition (English)

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.

Details

  • Author

    Townsend,Alan F.

  • Document Date

    2019/03/01

  • Document Type

    Brief

  • Report Number

    143354

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2019/11/06

  • Disclosure Status

    Disclosed

  • Doc Name

    Natural Gas and the Clean Energy Transition

  • Keywords

    gas; access to financial service; Public Infrastructure; noncommercial purposes; small and medium enterprise; Private Provision of Education; public investment in infrastructure; infrastructure & natural resource; Finance for Development; Clean Energy; modern energy system; competitive tender process; natural gas reserves; gas-fired power plant; financing development; sustainable private sector; natural gas infrastructure; Inclusive Supply Chains; emissions of coal; basis for investment; Supply Chain Finance; renewable energy generation; natural gas greenhouse; liquefied natural gas; energy policy maker; climate policy; amount of oil; access to finance; power generation sector; Solar Power; battery storage; global infrastructure; carbon tax; Thought Leadership; coal-fired power; new terminal; bilateral negotiation; Power Market; several factors; gas emission; senior lender; private investment; energy storage; contingent liability; contingent liabilities; best deal; gas shortage; production cost; hydro reservoir; power business; global development; Environmental Policy; Climate Business; public funding; energy security; regulatory gap; Gas Turbine; import capacity; liquid market; energy mix; gas liquefaction; dirty fuel; production capacity; global slowdown; recent years; equipment supplier; reciprocating engine; project financing; distinct advantage; supply contract; several reasons; procurement practice; Natural Resources; social sustainability; good governance; public resource; thermal efficiency; market readiness; stable relationships; gas market; local pollution; supply growth; project sponsor; green investment; market infrastructure; generation mix; institutional investor; mobile money; real time; consumer community; smart networks; capacity addition; carbon emission; nitrogen oxide; precision farming; food loss; industry specialist; kilowatt hour; private enterprise; sulfur oxide; methane leakage; blended finance; coal burn; total emissions; agricultural market; insurance companies; generation capacity; emerging economy; private investor; energy requirement; concessional finance; Public Utilities; new investor; co2 emission; Emerging economies; destination market; oil substitution; electricity grid; extreme poverty; long-term financing; donor community; microfinance institution; innovative solution; natural incentive; tax scheme; low-income community; remittance flow; total fuel; lower-income people; new market; secure supply; domestic gas; project risk; Learning and Innovation Credit; initial investment

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Citation

Townsend,Alan F.

Natural Gas and the Clean Energy Transition (English). EMCompass,no. 65 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/753601573038849834/Natural-Gas-and-the-Clean-Energy-Transition