LNG demand in power generation faces a challenge from renewables and batteries

LNG demand in power generation: Bar chart comparing changes in coal, gas, wind and solar generation during 2019–2025 in selected gas-importing and gas-exporting countries.

LNG demand in power generation could face stronger competition from renewables and batteries than some industry outlooks anticipate, argues this investor bulletin. It questions assumptions that coal replacement and the need to balance renewable electricity will necessarily underpin sustained LNG demand growth. The analysis examines generation trends in gas-importing and gas-exporting countries, alongside examples from Asian electricity markets. It presents […]

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