Features | Energy Economics
Wednesday, 6th October 2021
Hydrogen as an energy carrier and feedstock has clearly gained momentum in the past years. It is referred to as the “missing link” in the transformation of the energy system. Alan Finkel, Australia’s Chief Scientist, describes it saying, “imagine a zero-emissions fuel that exists on earth in abundance can be easily extracted using basic chemistry and offers jobs… It’s called hydrogen.” Not only can a hydrogen-based economy play a vital role in mitigating the impacts of global warming, but it can also reinvigorate the world economy.
Tuesday, 7th September 2021
Producing natural gas from shale has increased significantly over the past years. Shale gas was expected by the Energy Information Administration (EIA) to account for 30% of the global natural gas output by 2040.
Tuesday, 3rd August 2021
The call to decrease carbon emissions has been growing stronger over the past few years and a plan for energy transition is underway. The oil and gas industry has been repeatedly targeted for its immense carbon footprint and as a result, the industry has been trying to keep up with the world environmental trends and laws to decrease its emissions. Compressed natural gas (CNG) emerges as one of the best solutions for the emission problem. However, one of the important questions that remains is whether natural gas can be the economically viable solution for the energy transition or not?
Thursday, 8th July 2021
Recently, the world trend has turned toward renewable energy to overcome the decline of the conventional resources of energy as well as the climate change caused by greenhouse emissions. However, one of the public debates around renewable power spread is to what extent it can be competitive while renewable Resources suffered from high operation and maintenance (O&M) costs.
Thursday, 3rd June 2021
As the world moves forward towards a paperless society, privacy issues and cyberattacks remain a threat to our lives and businesses. Cyberattacks are more likely to happen than not to. With COVID-19, cybercrime has since increased by a whopping 300%. And despite the obvious impending doom, more than 77% of organizations do not have a cybersecurity incident response plan. The oil and gas industry is no stranger to such incidents and whether the industry manages to overcome them or not, the fact remains that these incidents can shift the balance of the market.