Germany utility company E.ON has developed a novel technology that provides a possible answer to a pressing question: what to do with surplus wind-generated electricity when the wind is blowing strongly but demand is low?
These are exciting times for the LNG industry with new technologies being adopted for liquefaction and regasification, and as LNG is increasingly used in small-scale applications, particularly in transportation.
The introduction of LNG in the Netherlands as an alternative fuel for road transport, inland waterway transport and coastal shipping is expected to generate an extra 2.7 billion euros in economic growth and create thousands of jobs between now and 2030
With floating regasification becoming ever more popular, and floating liquefaction fast approaching reality, the LNG industry has been working hard to develop the technologies needed to transfer cargoes between ships – safely and efficiently.
Interview with ChristopherCaswell, Director LNG and FLNG, KBR
The FLNG market size for 2016 was valued at over US$10 billion and is set to exceed 300 mtpa by 2024, reported by Global Market Insights, with increasing demand for cleaner fuel driving the global growth.