
Wood Mackenzie’s latest Horizons report indicates natural gas is essential for the energy transition, enabling increased renewable energy use and a faster move away from coal.
According to the report, natural gas is projected to be a key enabler of the energy transition, facilitating both renewable growth and coal displacement.
Recognising natural gas as a critical “bridge” fuel, the report underscores its essential role in the energy transition. Despite growing renewable adoption, natural gas remains vital for meeting energy needs and lowering medium-term emissions. Massimo Di Odoardo attributes gas’s success—evidenced by an 80% demand surge over 25 years—to its widespread availability, affordability, storage capabilities, and relatively cleaner profile.
Recent Comments