LNG will not replace coal as the baseload power plant fuel: group
Washington (Platts)--28Sep2004
Imports of liquefied natural gas will never be sufficient to replace the coal used in baseload power plants, John Stanton, vice president of the National Environmental Trust said Tuesday. Stanton also told the Natural Gas Roundtable in Washington, D.C., that wind, solar, wind and biomass will at best remain fringe sources of energy. But, he said that he thought the federal government should spend more money to develop coal-gasification technologies and expected that gasified coal would become the primary fuel used by electric generators. In the meantime, the US will have to recognize that its immediate energy needs must be filled by LNG. The technology is available now to remove most of the carbon dioxide from natural gas, which makes it an even more attractive commodity from an environmental point of view. He acknowledged that considerable opposition to LNG docking facilities in the US continues, but Canadians "are not allergic to energy development" and very likely will import the LNG that will be shipped to the US. Stanton acknowledged that growing dependency on LNG could put the US economy at risk, which is one reason why the federal government should allocate more resources to developing coal-gasification technology. He also acknowledged that unless the government intervenes, imported LNG will be less costly to produce and use than gasified coal in peaking plants.
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