Energy Magazine October 2019 | Page 36

WHO IS CURRENTLY PROVIDING AND DISTRIBUTING LNG ?
LNG CANADA
ENERGY MANAGEMENT
36

“Global energy demand is expected to grow by a further 18 % by 2035 ”

LNG has enough horsepower to be used by industrial , commercial and residential users , and can be compressed to form compressed natural gas ( CNG ) to allow natural gas usage in vehicles such as Ford ’ s new model , Ford Aspire . Compared with other fossil fuels , LNG is a much safer option . When exposed to a source of heat , LNG will vaporise back into a natural gas leaving no residue behind , as well as only being flammable when there is a gas-to-air concentration of 5-15 %.
While LNG is less environmentally impactful than more traditional fossil fuels , over the long-term it is not a fix for current environmental conditions . LNG is not a renewable resource like wind and solar power ; it is still a fossil fuel that will eventually run out , and still produces CO2 when it is burnt for heat or electricity by consumers . Additionally , within its own value chain , LNG requires high amounts of energy during liquefaction and regasification , resulting in the production of GHG emissions in the periphery of the gas itself .
Nevertheless , LNG is still a better alternative to coal , nuclear and oil for reasons of GHG emissions , safety and abundance . Therefore , shortterm LNG is being used by companies such as NRG Energy and Origin Energy are to repower their plants with LNG so that , in the long-term , companies can naturally retire their current plants and replace them with renewable alternatives .
WHO IS CURRENTLY PROVIDING AND DISTRIBUTING LNG ?
LNG CANADA
Formed in 2018 with support from the First Nations group , all levels of
OCTOBER 2019