Party time. The more vigorously the forces of energy transition push forward, the more legacy conventional power production capacity will be dismantled. Strangely enough, carbon-neutral nuclear gets the ax too. Then, when more and more unreliable flicker power tortures the grid to and beyond the breaking point, people will experience the joys of blackouts while paying the highest prices on Earth. When that has gone on for a while, there will be powerful voices for a walk back to reliable power and then gas is the cleanest and fastest option. Gas has a great ride ahead of it. Just buckle up. https://www.woodmac.com/news/opinion/what-happens-to-gas-and-lng-if-the-energy-transition-accelerates/
Gas still has a role to play in reducing global carbon emissions. But what will the renewed focus on decarbonisation mean for the gas and LNG industry?