Technological improvements are required if gas is to serve as a long-term fuel, according to an International Energy Agency report released in time for the official launch of the Paris Agreement. Technological improvements are required if gas is to serve as a long-term fuel, according to an International Energy Agency report released in time for the official launch of the Paris Agreement reached at COP21 in December 2015. The agreement aims to limit global warming to ‘well below 2 degrees celsius’ by phasing out inefficient and emission-heavy fuel sources. Due to its relatively clean nature, gas has been touted as a fuel that can help the eventual transition to renewable energy sources. “Given its flexibility, gas currently plays a critical role in balancing intraday fluctuations in power demand, and has an important role in the 2DS as a complement to variable renewables,” said the IEA report. The IEA states […]