Economic benefits of R and D on gas supply technologies. [Unconventioal natural gas resources which are tight sands, Devonian shale, coal seam gas, and gas co-produced with water]

Book · Tue Jan 01 00:00:00 EST 1985

OSTI ID:5905567

Darrow, K G; Ashby, A B; Nesbitt, D M; Marshalla, R A

Advanced natural gas supply technologies, if successful, could lower the average cost of gas to consumers by 18% and increase the expected gas demand by 2 quads/year by the year 2000. Advanced production techniques for unconventional gas will have by far the greatest impact on future gas prices, providing economic benefits of between $200 billion and $320 billion. Advanced SNG from coal will provide only a $9 billion benefit if unconventional gas meets all of its performance targets. However, higher demand and failure of unconventional gas R and D could raise the benefits of SNG research to $107 billion. SNG research provides a hedge value that increases the likelihood of receiving a positive payoff from gas supply R and D. Changing the performance goals for SNG research to emphasize cost reduction rather than acceleration of the date of commercialization would greatly increase the potential benefits of the program. 9 references, 8 figures, 5 tables.

• OSTI ID: 5905567
• Resource Relation: Related Information: Gas Research Insights
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
01 COAL, LIGNITE, AND PEAT
COAL GASIFICATION
ECONOMIC ANALYSIS
RESEARCH PROGRAMS
NATURAL GAS
MANAGEMENT
COMPARATIVE EVALUATIONS
ENERGY DEMAND
ENERGY SOURCE DEVELOPMENT
FUEL SUPPLIES
LURGI PROCESS
NATURAL GAS INDUSTRY
PRICES
DEMAND
ECONOMICS
ENERGY SOURCES
ENERGY SUPPLIES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GASIFICATION
INDUSTRY
THERMOCHEMICAL PROCESSES
030600* - Natural Gas- Economic
Industrial
& Business Aspects
015000 - Coal
Lignite
& Peat- Economic
Industrial
& Business Aspects
010404 - Coal
Lignite
& Peat- Gasification