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Europe's Rise in Natural Gas Demand Means More LNG
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As a citizen of the Netherlands I have 36 solar panels covering my electricity consumption (6000 kw per year). Actually I deliver all my energy to the grid and buy electricity when I need it. As long as I do not use more than 6000 kw per year I only pay grid cost. With a similar method in more EEC countries solar power is stimulated. However, when the sun is not shining and the wind is not blowing, the electricity companies need a back up system. Gas powered electricity production is by far the most efficient back up system. Of course, there are ways to buffer electricicty but these are very expensive.

Recently in Germany the decision was taken to close all the lignite power stations. This will have a tremendous effect on gas consumption. Considering the fact that gas production in the EEC is shrinking and extra import from Russia is blocked for political reasons, I see a growing interest in LNG.
Big Grin
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RE: Europe's Rise in Natural Gas Demand Means More LNG - by Relker - 06-20-2016, 07:38 PM

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