29th Baku Energy Forum Highlights Natural Gas Importance

Web DeskJune 6, 2024 06:18 PMbusiness
  • Natural gas remains a cost-effective and environmentally friendly fuel choice
  • Dependable backup for renewable energy sources to manage intermittency
  • Significant role in ensuring stable and efficient global energy supply
29th Baku Energy Forum Highlights Natural Gas ImportanceImage Credits: menafn
The 29th Baku Energy Forum highlights the crucial role of natural gas in the global energy sector, emphasizing its reliability, sustainability, and cost-effectiveness. Experts predict a robust demand for natural gas in the coming years, especially as a backup for renewable energy sources.

The demand for natural gas is expected to remain robust in the coming years, as experts in the industry predict. Natural gas is highly valued as a fuel due to its cost-effectiveness and environmental advantages over coal. It serves as a dependable backup for renewable energy sources, helping to manage the issue of intermittency. Moreover, the storage expenses associated with natural gas are relatively low.

The 29th Baku Energy Forum held in Azerbaijan has drawn more than 600 delegates from different countries, focusing on energy security, transition, and green energy initiatives in the Caspian region. The event boasts a record-breaking 81 speakers who are addressing crucial energy-related topics. It is clear that natural gas will continue to play a significant role in the global energy sector for the foreseeable future.

Natural gas stands out as a crucial energy source that offers both reliability and sustainability. As the world transitions towards cleaner energy solutions, natural gas will play a vital role in ensuring a stable and efficient energy supply. With ongoing discussions and forums like the Baku Energy Forum, the future of natural gas looks promising in meeting the energy needs of tomorrow.

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