The Conversation (0)
Shale Gas Could Help with Renewable Energy, Energy Diversification
Jan. 11, 2013 08:51AM PST
Oil and Gas InvestingBloomberg reported that the shale-gas boom could contribute to the renewable energy movement by providing a cleaner alternative to coal.
Bloomberg reported that the shale-gas boom could contribute to the renewable energy movement by providing a cleaner alternative to coal.
As quoted in the market report:
Gas in the first instance is going to displace coal,” Adnan Amin, director-general of the agency known as IRENA, said in an interview in Abu Dhabi. “Shale gas at low cost can help to create a hybrid system,” whereby more gas-fired power is fed to the grid, supplanting coal, and augmented by wind and solar.