MIT Energy Initiative Director Ernest J. Moniz: “In a carbon-constrained world, natural gas will become a larger part of the energy mix”…

MIT Energy Initiative Interim Report: the Future of Natural Gas

MIT Energy Initiative Interim Report: the Future of Natural Gas

CAMBRIDGE, Mass., June 25, 2010 — Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation. That’s the conclusion reached by a comprehensive study of the future of natural gas conducted by an MIT study group comprised of 30 MIT faculty members, researchers, and graduate students. The findings, summarized in an 83-page report, were presented to lawmakers and senior administration officials this week in Washington. The two-year study, managed by the MIT Energy Initiative (MITEI), examined the
scale of U.S. natural gas reserves and the potential of this fuel to reduce greenhouse-gas emissions. Based on the work of the multidisciplinary team, with advice from a board of 16 leaders from industry, government and environmental groups, the report examines the future of natural gas through 2050 from the perspectives of technology, economics, politics, national security and the environment. The report includes a set of specific proposals for legislative and regulatory policies, as well as recommendations for actions that the energy industry can pursue on its own, to maximize the fuel’s impact on mitigating greenhouse gas. The study also examined ways to control the environmental impacts that could result from a significant expansion in the production and use of natural gas — especially in electric power production.
“Much has been said about natural gas as a bridge to a low-carbon future, with little underlying analysis to back up this contention. The analysis in this study provides the confirmation — natural gas truly is a bridge to a low-carbon future,” said MITEI Director Ernest J. Moniz in introducing the report.
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While the new report emphasized the great potential for natural gas as a transitional fuel to help curb greenhouse gases and dependence on oil, it also stresses that it is important as a matter of national policy not to favor any one fuel or energy source in a way that puts others at a disadvantage. The most useful policies, the authors suggested, are ones that produce a truly “level playing field” for all forms of energy supply and for demand reduction, and thus let the marketplace, and the ingenuity of the nation’s researchers, determine the best options.
Illustrating the role of natural gas as a bridge to a low carbon future, the study’s authors stressed that it would be a mistake to let natural gas crowd out research The study received support from the American Clean Skies Foundation, Hess Corporation, Agencia Nacional de Hidrocarburos of Colombia, and the Energy Futures Coalition and the MIT Energy Initiative. The report issued this week is a preliminary overview of a more detailed report that will be released later this year.

“In a carbon-constrained world, natural gas will become a larger part of the energy mix,” Moniz said. But in the longer term, it will be necessary to shift to “essentially zero-carbon” sources so “we better not get mesmerized by gas either. We need to do the hard work of getting those alternative technologies ready to take over.”

The interim report is downloadable from the MITEI Natural Gas Website or at this link

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