Report says largest demand for gas to come from power sector but will it?
Jan 20: A 2030 projection made by a research report claims that the power sector will see the fastest use of a natural gas in India. 8The sector is expected to contribute between 36% to 47% of the total demand for gas. 8The share of fertilizer sector is likely to drop from current levels of 25% to 15% due to higher growth registered in other sectors. 8CGD is expected to register the fastest growth in the use of natural gas and is expected to contribute 11% of the total demand by 2030. 8But the problem however is such projections is that disruptive technology, such as the spread of battery power, solar PV and flexible peaking load coal based power stations, can spoil the natural gas party. Click on Reports for more