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BUSINESS

​Black & Veatch eBook highlights opportunities for natural gas to hasten Asia's energy transition

26/07/2022 12:49 PM

KUALA LUMPUR, July 26 (Bernama) -- Black & Veatch in its new eBook, Natural Gas: An Energy Transition Fuel for Asia, highlighted opportunities for innovation and lowering energy system emissions. 

These opportunities include production and supply of liquefied natural gas (LNG) to fuel the generation of electric power through turbine technology and the development of alternative sustainable fuels such as hydrogen.

According to a statement, the eBook illustrates how cost efficiencies can be achieved by planning through the entire current and future natural gas value chain.

“To accommodate increased variable renewable generation, deploying integrated solutions, including gas-fired generation, will be critical to stabilise regional grids and enhance their resilience,” said Black & Veatch’s Executive Vice President & Managing Director, Asia Pacific, Narsingh Chaudhary.

Chaudhary added that while both wind and solar power help address clean energy by replacing fossil energy with zero-emission electricity, in the near-term as energy storage technologies evolve, a mix of generation solutions is the best course of action.

In the eBook, Black & Veatch energy experts assess opportunities to monetise gas fields from early-stage commercial modelling of bankable projects through to the schedule and modularity advantages of building floating LNG infrastructure.

It details how holistic project planning can present opportunities to co-locate and integrate LNG receiving terminals alongside gas-fired power plants as well as other off-takers of ‘cold energy’ including data centres through to refrigeration facilities, while also designing for the longer-term combustion of carbon-emissions-free green hydrogen at gas-fired power facility.

Black & Veatch is a 100-per cent employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure.

More details at www.bv.com.

-- BERNAMA


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