“Natural gas is absolutely crucial and we are going to use more of it before we use less,” according to Centrica CEO, Iain Conn.
Speaking at Aurora’s Spring Forum, Conn suggested using hydrogen for heating is “unlikely to be practical”. He said British Gas, instead of installing boilers in homes, will ultimately install heat pumps, “and be in business long after natural gas [use] disappears”. However, he added, “it will be quite a long time before we get to that point”.
Aurora’s John Feddersen launched the conference by citing a need to build out 400-600GW of renewable energy globally per annum for the next 30 years to meet increasing demand, including electrification of transport, and climate goals. That broadly equates to a Hornsea One offshore wind farm coming on stream stream every day from now until 2050.
Asked if that could be achieved, Conn suggested distributed generation in combination with centralised renewables projects may be able to deliver. But he suggested that the headline generation figure could first be significantly reduced.
“Energy efficiency is the thing that gives me most hope,” said Conn, “and we have barely scratched the surface”.
Think tank calls for low carbon gas obligation
Energy efficiency driving the UK’s clean economy, renewable heat rises
Electrifying heat: too expensive or too little ambition?
Eon boss: Renewable power is ‘done’, now for heat and transport
Hydrogen for heat will create anchor carbon capture and storage projects
Vattenfall backs hydrogen to decarbonise heavy industry
Hydrogen: The great white hope?
Get cracking on decarbonising gas, National Grid urges government
Centrica acquires smart EV charging firm
Centrica buys aggregator Restore for £62m
Centrica Business CEO Mark Hanafin to retire
Centrica to cut 4,000 more jobs as headwinds strengthen
Centrica posts solid profits, but more job cuts to come
British Gas: Not retrenching from I&C market, worst of billing pain over
British Gas business energy supply profits wiped out
Centrica to pay £9.5m for business customer billing failures
British Gas: £4bn energy efficiency opportunity for UK firms
Centrica buys ENER-G’s CHP business in bid to pivot business model
Centrica’s Ener-G: Flexibility and grid services cash will drive CHP
Centrica to cut 3,000 jobs as utilities feel heat
Click here to see if you qualify for a free subscription to the print magazine, or to renew.
Follow us at @EnergystMedia. For regular bulletins, sign up for the free newsletter.
According to the official Government consumption statistics, sales of natural gas already dropped by 32.8% over the decade to 2016. And fell a further 5.5% to 2017. So, what is your baseline, Mr Conn?.
sales vs consumption? 🙂
I am not sure I can see much distinction . In practical terms, any gas sale is made to enable consumption of it. So I really could just as easily have described the figures as reductions in consumption.