GECF and Irena advance energy transformation

  • Date: 25-Oct-2020
  • Source: Trade Arabia
  • Sector:Oil & Gas
  • Country:GCC
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GECF and Irena advance energy transformation

The important role and the significant potential of the natural gas industry in advancing energy systems and attaining the UN's Sustainable Development Goals along with the Paris Agreement ambitions was the focus of a lecture here.

 

Delivering the 46th edition of the signature Monthly Gas Lecture Series under the title "The Energy Transformation: the Way Forward“, Francesco La Camera, Director-General of the International Renewable Agency (Irena) said as per the GECF (Gas Exporting Countries Forum) projections, natural gas will be the fastest-growing fossil fuel in the global energy mix, increasing its share from currently 23% to 28% by 2050. 

 

These estimates are inter alia due to the inherent environment-friendly features of the source.

 

In that sense, hydrogen is assuming vital significance against the backdrop of energy industry setting its sights firmly on green