Natural gas’ abundance, flexibility and comparative environmental benefits drive projected growth more than any other energy source
All of the world’s energy sources will be needed to meet rising demand to 2040, but there will be a marked shift toward cleaner fuels, particularly natural gas. Not only are natural gas resources geographically and geologically diverse, abundant, reliable and versatile in use (power generation; residential, commercial, industrial heating and cooking; and even transportation), but also natural gas emits significantly fewer pollutants than coal power generation, including NOx, SOx, particulates, mercury, and up to 60 percent fewer GHGs.
Oil and natural gas technologies, such as horizontal drilling and hydraulic fracturing, have unlocked vast unconventional resources. These supplies have dramatically altered the energy landscape over the past decade, particularly in North America. Natural gas usage is projected to continue to expand rapidly. We expect about 40 percent of the projected growth in global energy demand from 2016 to 2040 will be met by natural gas.