May 2005

Trends and Resources

HP Impact: HPImpact: North American gas, power outlook

One of the most important physical changes in the global energy industry over the past decade has been the rapid growth of natural gas markets. This has been primarily driven by gas-fired power genera..

Weirauch, Wendy, Hydrocarbon Processing Staff

One of the most important physical changes in the global energy industry over the past decade has been the rapid growth of natural gas markets. This has been primarily driven by gas-fired power generation. It has rapidly displaced coal or oil for new capacity additions on the basis of superior economic and environmental performance. So notes a new outlook from analysts with Wood Mackenzie. New investments. The years 2005 and 2006 are critical periods for many investment decisions, with long-term implications for the energy industry. These include LNG developments and the next round of power generation. Wood Mackenzie expects "concrete progress" in LNG developments. The market analysts

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