LNG Industry October 2021 Issue

Page 27

Richard Bowcutt, Heatric, UK, indicates how heat exchangers are fundamental to realising the benefits of LNG and cleaner energy.

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s governments look to overhaul their energy systems and their economies in support of the green agenda, an increasing number of renewable energy, carbon capture, and biofuel sources are entering the supply grid. Against this backdrop, LNG is an energy source with the potential to support countries’ green ambitions. LNG is the fuel of the future. However, with a complicated and lengthy value chain, from source processing to liquefaction, transport, regasification, and onshore infrastructure, significant investment and expertise is required to scale LNG to support emissions targets being set by governments around the world.

The climate change race, and transition to clean energy, is well underway. Countries around the world have adopted goals for net-zero emissions by 2050, and hundreds have joined the 2015 Paris Climate Accord, which aims to limit global warming to below 2˚C. Clean-burning and low-carbon, natural gas is an effective, proven, and more sustainable alternative to gasoline and diesel, releasing 45% less carbon dioxide than coal and 30% less than oil. With the clock ticking for businesses, and the gas industry itself to become compliant with environmental legislation, natural gas is playing an increasingly vital role in reducing the

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