By Nasser M.N. Alshemaimry, OceanBased Perpetual Energy Founder and President
If the 20th century is known as the “Century of Oil Wars,” then the 21st century is a powerful candidate for the “Century of Renewables” and “Natural Gas Wars” with serious distinction.
With the increasing global pressure on the use of clean and sustainable alternative energy to pivot users away from dirty oil and gas pollution-emitting energies, and with oil energy being the source of many ills that have afflicted our planet, environmental protection organizations worldwide have declared that fossil fuel is the source behind the global climate crisis catastrophe.
Today, natural gas is being promoted by oil and gas companies as the natural alternative to oil, despite their continued lack of evidence to support their claims that natural gas is clean or safe.
Solar and wind energy are both certainly much better than fossil fuel, but have not proven that they can replace it due to their lack of working 24/7/365, together with the high risks of pollution and damage they cause.
Nuclear energy also comes with its own dangers to human, animals and to our singular home of Planet Earth. Remember that Three Mile Island in 1979 (41 years ago), Chernobyl in 1986 (34 years ago) and Fukushima in 2011 (9 years ago) have all happened during the last 41 years. Disasters of that magnitude can happen again.
With key players influencing the gas market, such as Russia, Iran and Qatar, there is a clear increase in the number of producers of this commodity. Their impact will affect the shares of the main players, and thus change the balances of influence and forces.
The United States has an increasing ambition in the energy world, with aspirations to be an influential player in the renewables sector as it has become in the oil sector before, especially since it became a source of natural gas four years ago.
With the development of technology and the power of innovation, the United States has managed to be an influential player in the gas market for the first time in 60 years. It has begun to solicit a number of its allies to buy American gas and, for that important matter, it has fostered a major and radical development in Liquid Natural Gas (LNG) pipelines and LNG installations for export. This has led to the competitiveness of American LNG and an increase America’s LNG market share.
Hotspots for the gas industry remain threatened by the Arabian Gulf countries, Central Asia, Guinea-Bissau, Russia and America, but the world has clearly entered the stage of “gas wars.”
However, as of today and the foreseeable future, renewables like OceanBased Perpetual Energy must be the dominant players in the energy sector if Planet Earth inhabitants want to save their only home.