Gas and renewables: Back to the future?

Interfax Global Gas Analytics Chief Energy Analyst Peter Stewart spoke at an investment conference in London this week on the interface between gas and renewables, and what it means for energy demand
By Peter Stewart 22 February 2017
A Tesla utility-scale battery block. The efficiency of energy storage has improved exponentially in recent years. (Tesla)

Gas currently accounts for slightly over one-fifth of global primary energy demand, and its share in the energy mix looks set to grow overall as coal use declines. Renewables will also increase their share in the energy mix, but forecasts typically concur that fossil fuels will meet 70-80% of global demand for energy for at least the next two decades. However, opinions differ widely over when and at what level energy demand will peak. There will also be significant regional variations in the use of...

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