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since 2008. If natural gas prices remain below roughly $5/million British thermal units (MMBtu), many developers of renewable electricity projects might be hard pressed to offer competitive power purchase prices, thus limiting the number of projects deployed. Similarly, natural gas7producers and biofuel producers might compete over water, especially during drought conditions. Table 1. Matrix of Selected Natural Gas and Renewable Energy Characteristics Resource Distribution Relatively diverse for unconventional supplies; less so for conventional Diverse but often far from load centers Diverse but best in Diverse but best in Midwest and Southeast Southwest Capital Cost Output Environmental and Social Concerns Natural Gas Power Low, stable Dispatchable; flexible Some opposition to hydraulic fracturing; relatively clean- burning fossil fuel Wind Moderate, some fluctuation Variable and somewhat predictable Some opposition to siting; no combustion emissions; low water use Solar Relatively high, declining Variable and mostly predictable Some opposition to siting of large projects for ecosystem reasons; no combustion emissions or water use for PV Bioenergy Moderate-high, stable (early generation biofuels) Dispatchable power and fuel Concern over ecosystem impacts for many biofuels, water use Fuel Cost Variable but currently low None None Moderate Carbon Impact Most recent life cycle assessments conclude that both conventional and unconventional less than half that of coal Very low Very low Depends; corn starch-based may be slightly less than gasoline This paper attempts to identify how the natural gas and renewable energy communities might: • Promote a new systems approach to natural gas and renewable energy technologies • Jointly research mutually beneficial policy and market structure options • Communicate with each other, and jointly to the public, to clarify misconceptions. The structure of this paper is: 1. Part I offers nine platforms for dialogue and partnership between the natural gas and renewable energy industries, including development of hybrid technologies, energy system integration studies, analysis of future energy pathways, and joint myth-busters initiatives. 2. Part II provides a brief summary of recent developments in natural gas and renewable energy markets. It is intended mainly for non-experts in either energy category. 2PDF Image | Opportunities Synergy Natural Gas and Renewable Energy
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