New Modelling Shows Important Roles For Natural Gas In 2050
Tuesday, 25 May 2021, 5:09 pm New modelling released today shows an ongoing and important role for natural gas until 2050, especially to support renewable electricity in times of shortages. The TIMES-NZ 2.0 modelling was prepared by the BusinessNZ Energy Council, the Energy Efficiency and Conservation Authority (EECA) and the Switzerland-based Paul Scherrer Institute. The two scenarios show fossil fuels still providing 22% and 33% of total energy demand by 2050, at the same time as energy emissions fall greatly. "This bottom-up modelling is very useful and illustrates there are many differen...