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Future global energy winners: gas and renewables, nuclear the loser

Analysis: Gas, renewables to be future energy sources of choice, By Henning Gloystein and Barbara Lewis, LONDON | Jul 1, 2011  (Reuters) – Natural gas will fast become the fossil fuel of choice to complement renewable energy for the foreseeable future, after long being regarded as merely a step on the way to a greener energy mix.

Especially in electricity generation, natural gas has so far stood in competition with coal-fired and nuclear production.

But coal’s high carbon emission levels have reduced its market allure, while the crisis at Japan’s Fukushima plant following an earthquake in March has put a serious dent in the prospects for global nuclear power generation…..http://www.reuters.com/article/2011/07/01/us-gas-future-idUSTRE7603BN20110701

July 3, 2011 - Posted by | 2 WORLD, ENERGY

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