Defining the News
As the Philippines weighs the delicate balance of energy security, affordability and environmental sustainability, Liquefied Natural Gas , offers a path to sustainable and reliable power generation.
“LNG produces fewer and lighter emissions. For instance, when compared to diesel and the gasoline used in vehicles, the combustion products or smoke produced by oil products are much greater than those produced by LNG,” noted Abelon. “An LNG plant is 100% reliable . Apart from that, the efficiency of an LNG plant is very high,” says Abelon. “Clearly LNG is more reliable when compared to renewable energy sources.”
Furthermore, the influx of RE like solar, wind and hydro requires land, competitive financing and engineering talents to develop these projects. On top of this, RE plants needs transmission availability from where they may be found. One can only build RE projects where there are natural resources available.
The Clean Energy Scenario of the Philippine Energy Plan in fact targets a mix of 26% LNG and 50% renewable energy by 2040, reflecting LNG’s crucial position in the country’s energy strategy.LNG presently supplies less than 5% of the Philippines energy requirements, which makes it a relatively new concept where power generation is concerned.
Understanding the differences between LPG and LNG is crucial. LPG, made of propane and butane, is heavier and more flammable, posing risks near the ground. LNG, composed mainly of methane, is lighter and disperses quickly if released, practically eliminating flammability.
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