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What’s Next For Very Volatile Natural Gas Markets By Tsvetana Paraskova - Jan 20, 2021, 12:00 PM CST
Last week’s record-high spot prices of liquefied natural gas (LNG) in Asia may not hold for long, but the surge could be a sign of what the future holds for natural gas prices globally.
The growing LNG trade and the growing importance of LNG on the global gas markets have upended the way part of global gas supply is traded and has made regional gas markets more interconnected. When spot LNG prices rally in north Asia, LNG sellers rush to send cargoes there, leaving fewer LNG supply going to Europe, where natural gas prices rise in a generally tighter market.
Ease of Combination With Hydropower Plant Driving the Growth of Floating Solar Farm Market
BriefingWire.com, 1/19/2021 - The Global market for Floating Solar Farm is forecast to reach $2.1 Billion by 2025, growing at CAGR of 20% from 2020 to 2025. The market growth is mainly driven by factors including scarcity of land for land-based solar farms, simple installation, and deployment with a high degree of modularity on sites, limited anchoring, and mooring requirements. Moreover, as a floating solar farm are anchored at a particular position, they can be conveniently transported around the water body, thereby providing a portability factor.
Key Takeaways
Onshore floating solar farm held the highest market share in 2019 and it is estimated to witness the significant market growth during the forecast period 2020-2025. This is due to favourable environmental conditions of the onshore water bodies such as lakes, rivers, ponds, and others in compariso
The False Promise of âSecond Lifeâ Coal
âSecond lifeâ coal proposals are high emission proposals and usually have an associated high water use intensity. These proposals also lack scientific or economic proof of success.
A worker carries coal in a basket in a industrial area in Mumbai, May 31, 2017. Photo: Reuters/Shailesh Andrade/Files
Government18/Jan/2021
Home Minister Amit Shahâs recent statement that India will likely invest Rs 4 trillion ($55 billion) in expanding new and existing coal mines, some of which may go into speculative, domestic âclean coalâ projects over the next decade to create a hope for âsecond lifeâ is, in our view, entirely inconsistent with the countryâs policy direction and ignores the lack of proof of economic viability.
In the second part of our series Future Power, we explain why the government wants more gas, and we ask, how clean is natural gas – and what is its future in Australia?