Jakarta – ReforMiner Institute predicts that natural gas will still play a central role as an energy source in many countries, especially in developed countries, amidst the global energy transition efforts.
According to ReforMiner Institute Executive Director Komaidi Notonegoro, although recognised as a non-renewable fossil energy source, natural gas produces lower carbon emissions than other fossil sources such as coal.
Based on BP Energy Outlook 2023, until 2050, natural gas is projected to remain the most significant fossil energy source in the global energy mix. In the Net Zero Emission (NZE) scenario for 2050, ReforMiner estimates that the contribution of natural gas will reach 9.2%, while in the New Momentum scenario, the share of natural gas is projected to reach 22.6% of the global energy mix in the same year.
“This shows that countries are still planning to utilise natural gas as part of their energy transition strategy,” Komaidi said in an official statement.
Data from BP Energy, analysed by ReforMiner, shows that the global oil and gas mix still dominates, with natural gas accounting for 23.5%. Despite developing new energy sources such as NERE (new energy, renewable energy) and nuclear, natural gas remains a major component in the global energy supply.
With the world’s energy mix target in 2050, ReforMiner notes that the energy mix from NERE is expected to reach 74.4%. Other sources such as oil, gas, nuclear and coal will contribute a smaller share of the energy mix.
“Despite the emerging transition trend, natural gas is likely to play an important role in the sustainability of global energy supply,” he concluded. (Hartatik)
