arctic natural gas20natural%20gas(text).… · natural gas nuclear renewables uk electricity fuel...
TRANSCRIPT
-
ARCTIC NATURAL GAS
-
• Safe and reliable energy supply
• Reduce greenhouse gases
• Lower energy costs
-
The Economics of
Northern Natural Gas
-
Mackenzie Gas Project
-
TOTAL NATURAL GAS CONSUMPTION 1990 - 2030
(trillion cubic feet)
10
20
30
40
1990
2010
2030
Year
trill
ion
cubi
c fe
et
ReferenceHigh PriceLow Price
History Projections
-
• No Alaska Gas Pipeline
• No Mackenzie Valley Pipeline
• Limited LNG arrivals
No Arctic Gas Scenario
-
US$298 billion
Canada$40 billion
Extra costs 2014 to 2025
-
Security of Supply
-
USA Electricity Fuel Source 1993
Oil
Renewables
Coal
Natural Gas
NuclearHydro
USA Electricity Fuel Source 2006
Oil Other
Renewables
CoalNatural Gas
NuclearHydro
-
Energy & the Environment
-
Cemmissions = Population XGDP
personX
energyGDP
C
energyX
-
Cemmissions = XGDP
personX
energyGDP
C
energyXPopulation
The world’s population size
Population
-
Cemmissions = Population XGDP
personX
energyGDP
C
energyX
The economic activity related to population size
GDPperson
-
Cemmissions = Population XGDP
personX
energyGDP
C
energyX
The energy intensity needed for each unit of economic activity
energy
GDP
-
Cemmissions = Population XGDP
personX
energyGDP
XC
energy
Carbon content of the fuels used
Cenergy
-
Cemmissions = Population XGDP
personX
energyGDP
C
energyX
-
USA Electricity Fuel Source 2004
Oil Other
Renewables
CoalNatural Gas
NuclearHydro
France Electricity Fuel Source 2004
Other
Oil
Coal
Natural Gas
Nuclear
Renewables
UK Electricity Fuel Source 2004
Other
Natural Gas
Coal
Oil
S.Korea Electricity Fuel Source 2004
Hydro & Other
Coal
Natural Gas
Nuclear
Oil
Source: Energy Information Administration
-
700
750
800
850
900
Millions of Tons
2014 2016 2018 2020 2022 2024
Lower-48 Carbon Emissions
Base Case Additional with No Arctic Gas
-
• $338 billion savings
• 281 million tonnescarbon reduction
-
• Reduce the cost of shipping gas
• Clear timeframes for regulatory reviews
• Strike a joint Task Force on northernpipelines
-
• Safe and reliable energy supply
• Reduce greenhouse gases
• Lower energy costs