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by trashtester
1392 days ago
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Electricity, if the price is low enough, can fully replace almost every use case for natural gas. This will require some level of investment, of course, such as replacing gas ovens with electric ovens (or better, heat pumps) as well as replacing gas machinery with electric alternatives for most industries. There MAY be a few cases where alternatives are harder to find (where you need the chemistry of the gas rather than the energy), but that is a pretty small percentage overall. But to produce energy at prices that are competitive to typical prices for NG is pretty hard without either coal or cost efficient nuclear, at least in colder climates. Solar is perhaps close to becoming cheaper in sunny, dry areas further south, but wind power looks like a poor alternative at the scale needed, since it's so unreliable. Maybe one day batteries or other storage will be cheap enough that we can store wind power for a week or more, but for now, it looks like the only low-CO2 option is nuclear. |
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That isn’t a small percentage and those industries have an enormous knock on effect globally there is a reason why the UN put the shortage of chemical fertilizers as one of the top priorities.
Cheaper electricity won’t solve that problem and the gas prices must come down because otherwise food prices would sky rocket world wide and we will be at a severe risk of having famine in developing countries.
And whilst there are other alternatives to natural gas such as gasification which is popular in China that still requires biomass and countries like Germany cannot simply shift their production to gasification for both environmental and practical reasons.