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Increased production of energy from renewable sources leads to a need for both new and enhanced capacities for energy transmission and intermediate storage. The book first compares different available storage options and then introduces the power-to-gas concept in a comprehensive overview of the technology. The state of the art, advancements, and future requirements for both water electrolysis and methanation are described. The integration of renewable hydrogen and methane into the gas grid is discussed in terms of the necessary technological measures to be taken. Because the power-to-gas system is very flexible, providing numerous specific applications for different targets within the energy sector, possible business models are presented on the basis of various process chains taking into account different plant scales and operating scenarios. The influence of the scale and the type of the integration of the technology into the existing energy network is highlighted with an emphasis on economic consequences. Finally, legal aspects of the operation and integration of the power-to-gas system are discussed.
This ``Handbook of Natural Gas Technology and Business`` is a comprehensive work covering almost all the facets of technology and business issue regarding Natural Gas which is playing a stellar role in meeting the world`s energy needs. It looks into a series of important Exonomic, Political and Technological factors, inter alia, the growing global demand for energy, the ongoing deregulation of gas and electricity markets, a preference for natural gas as the cleanest of all hydrocarbons, and the decline in the cost of producing and shipping Liquefied Natural Gas (LNG). These taken together are shaping the future of gas markets around the world.
Natural gas is a vital component of the world's supply of energy and an important source of many bulk chemicals and speciality chemicals. It is one of the cleanest, safest, and most useful of all energy sources, and helps to meet the world's rising demand for cleaner energy into the future. However, exploring, producing and bringing gas to the user or converting gas into desired chemicals is a systematical engineering project, and every step requires thorough understanding of gas and the surrounding environment. Any advances in the process link could make a step change in gas industry. There have been increasing efforts in gas industry in recent years. With state-of-the-art contributions by leading experts in the field, this book addressed the technology advances in natural gas industry.
An overview of the natural gas process from wellhead to burnertip, from exploration to futures trading, and the latest issues of co-generation and other product use.
Natural gas is playing an increasing role in meeting world energy demands because of its abundance, versatility, and its clean burning nature. As a result, lots of new gas exploration, field development and production activities are under way, especially in places where natural gas until recently was labeled as "stranded. Because a significant portion of natural gas reserves worldwide are located across bodies of water, gas transportation in the form of LNG or CNG becomes an issue as well. Finally natural gas is viewed in comparison to the recently touted alternatives. Therefore, there is a need to have a book covering all the unique aspects and challenges related to natural gas from the upstream to midstream and downstream. All these new issues have not been addressed in depth in any existing book. To bridge the gap, Xiuli Wang and Michael Economides have written a new book called Advanced Natural Gas Engineering. This book will serve as a reference for all engineers and professionals in the energy business. It can also be a textbook for students in petroleum and chemical engineering curricula and in training departments for a large group of companies.
Oil and gas are important to every aspect of our economy, yet the oil and gas industry is distinguished by its combination of increasing demands and decreasing discovery volumes--and it is an industry shrouded in an environment of extremely volatile pricing. Although the profits enjoyed by the oil and gas industry are enormous, the industry remains one of the most capital-intensive in a world where rising expenses continue to threaten to squeeze profit margins. Geopolitics may continue to be the most important variable in maintaining existing assets and in successfully achieving new discoveries and carrying out their subsequent development. But finding new oil and gas reserves is becoming more challenging and the places where hydrocarbons are being found are more remote. Thus technology advances are also a key variable to enable exploration, drilling and development to become economically feasible in some of these more difficult operating environments. For the last century oil and gas additions have exceeded demand but has this industry now reached a "peak oil" situation? Some experts argue we are on the cusp of maximum oil production while others suggest we are still about a decade away. Natural gas demand however, is rising at a slightly faster rate than oil. Natural gas may be the immediate replacement fuel for oil as a source of clean and efficient electric power generation. Three out of the top ten Fortune 500 companies were oil/gas companies in 2011. This short introduction to the oil and gas industry will focus on history, operations, major companies, outside market forces, regulation and the current challenges the industry faces. Such factors as finite natural resources, the environment, economics, geopolitics, and technology will all come into play in the narrative. The book will demonstrate how the leaders of this industry, former champions of progress, are now coming under scrutiny and being depicted as the biggest culprits of environmental degradation. Yet the industry is likely to continue to grow until some form of alternate fuels is developed. The oil and gas industry will continue to have an enormous impact on life on the planet.
This book answers the following questions: How will the global oil and gas market change in the next decade? How does the United States become the world's biggest oil and gas producer? What is the current condition of China's Shale Industry and energy security? Is hydraulic fracturing and horizontal drilling technology cheered or feared? Is energy production driven by economy or environment? Who are the major competitors in this market? This book covers not only macro analysis at country-level, but also micro analysis at firm-level, which helps investigate this industry more comprehensively.