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Iraq seeks alternatives to Iranian gas
The country is facing energy shortfalls this summer amid reduced Iranian gas imports and difficulties leasing an FSRU
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The bloc may find it very difficult to replicate Japan’s approach due to fundamental differences in policy and the markets
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Is a Russia-Iran gas deal on the horizon?
Russia has ample spare gas, and Iran needs it, but sanctions and pricing pose steep hurdles.
Europe’s hard choices on gas security
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US AI to power gas growth
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Europe enjoys temporary respite from high gas costs
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Gas may be bridge fuel for centuries
Energy majors argue transition debate has started to factor in the complexities of demand shifts and the wider role for gas
Gas Natural gas Natural Gas markets Renewables
Bill Barnes
31 October 2019
Follow @PetroleumEcon
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Gas and renewables boost power efficiency

The metrics are very different, but global power market’s two growth engines are making efficiency gains

Combined-cycle gas turbine (CCGT) power generation is the most efficient way of converting thermal energy to electric energy. Renewables may be catching up on some of the oldest, most wasteful oil-fired plants, but remains largely the least efficient. Given its free and inexhaustible primary energy supply, though, its gains now matter far more than its headline number. Indeed, it is arguable that the very meaning of efficiency in power generation should be differently defined depending on whether the generator is conventional or renewable. In conventional generation, it obviously refers to the proportion of electricity derived from a given thermal input. 78.4GW – US coal generation dec

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