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by toddmorey
813 days ago
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I really wonder about unintended consequences. It's exciting to be able to store solar as methane because we can "plug" this new synthetic methane easily into existing infrastructure. (But we have to get better at leak management!) However, you almost always go through huge underground methane pockets when drilling for oil. So oil drilling stations vent / flare methane when they can't "off site" it, like when natural gas pipelines are at capacity. In those moments, the price of methane actually drops below zero--I've seen it at -$1.20 per MMBtu as recently as this year! Essentially you are paying someone to get rid of the stuff for you. So... if we flood the market with new, cost-effective synthetic methane... will companies just flare more of it as we drill for oil? |
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