Page 6 - LatAmOil Week 46 2021
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LatAmOil                                          GLOBAL                                            LatAmOil



       IGU urges support for renewable gases






            GLOBAL       GOVERNMENT policies to promote the use of   delivering on emission goals in the nearer term,
                         so-called green gases such as biogas and hydro-  the IGU said.
                         gen are falling far short of the support needed to   “Given the scale of the decarbonisation
                         realise their potential in decarbonising the gas   challenge, and the need for as many worka-
                         grid, the International Gas Union (IGU) warned   ble solutions as possible to ease the pains of a
                         in a report published on November 10.  global energy transition, all forms of renewable
                           The IGU, which represents dozens of gas   gas should be pursued as quickly as possible,”
                         companies across the world, estimates that   the union continued. “This will require strong
                         enough sustainable biogas could be produced   and clear policy support from governments
                         to replace about 20% of current natural gas   globally, robust entrepreneurial initiative from
                         demand globally. But the current production   the incumbent industry players and disruptors
                         of biogas and bio-methane equates to just 1% of   alike.”
                         total global gas output, with more than half of   Access to capital will be essential for hydro-
                         that concentrated in Europe, with another 25%   gen and biogas projects being realised, the IGU
                         located in China. The current pipeline of pro-  stressed.
                         jects will produce 20 times less than this.  Kang said there was a problem with a lack of
                           And while many countries see hydrogen   transparency regarding the volume and pricing
                         development as essential for realising their car-  of renewable gases. He added that “developing
                         bon goals, the increase in low-carbon hydrogen   effective growth strategies requires an under-
                         production has been limited in the past five   standing of the baseline, and that is what we aim
                         years, the IGU said. Today, low-carbon hydro-  to establish with this series.” ™
                         gen output accounts for just 0.03% of worldwide
                         natural gas output.
                           “The current level of planned and installed
                         production capacity for renewable and low-car-
                         bon gases appears negligible compared to the
                         stated plans, and that must be changed,” IGU
                         president Joe Kang commented. “This report is a
                         call to action on all fronts – policy, industry, and
                         the financial community. We all need to play our
                         part if there really will be a practicable gaseous
                         energy revolution.”
                           Though policymakers have far more inter-
                         est in hydrogen than bio-methane, the latter is
                         already produced in far greater quantities and
                         so it needs to be recognised as a key tool for   The IGU has called for increasing biogas and hydrogen output (File Photo)




                                              TRINIDAD AND TOBAGO
       KGL signs FEED-related service contract



       for NewGen green hydrogen project






                         UK-BASED io consulting, a global project   “provide early-stage engineering and design
                         development group formed by Baker Hughes   services prior to final FEED award for [a new]
                         and McDermott International (US), has won a   hydrogen plant, including execution of the
                         contract for services related to front-end engi-  assessment of electrolyser supplier proposals.”
                         neering and design (FEED) work on a green   The consultancy added that it was “com-
                         hydrogen project in Trinidad and Tobago.  mencing its FEED-related work with NewGen
                           In a statement dated November 11, io said   by initiating the final selection of a suitable elec-
                         it had signed the contract with KGL, a subsid-  trolyser technology supplier, since the electro-
                         iary of Kenesjay Systems Ltd (KSL) of Trinidad   lyser OEM supply is a major component of the
                         and Tobago. It explained that it had agreed to   design for the overall NewGen facility.”



       P6                                       www. NEWSBASE .com                      Week 46   18•November•2021
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