1 June 2023
‘For many countries, LNG is the first step on the path to decarbonisation’: Invenergy
Publication date: 16 June 2021
Gas Strategies Group
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For energy projects developer, owner and operator Invenergy, providing a solution that makes “the most sense” for a project’s location and access to resources in vital. In El Salvador’s case, where the company is constructing the 378 MW Energia del Pacifico (EDP) LNG-to-power project, the start of LNG imports will help the country finally switch from oil to gas in power generation and further enable its already well-advanced renewables segment, says Bryan Schueler, executive vice president and chief development officer at Invenergy.
As in El Salvador, LNG will be the first step in many countries’ path to decarbonisation as they move away from coal and oil – but the pace to net-zero will be different for each of them. And though the costs of renewables continue to fall, ensuring their interconnectivity does not lag behind their development will be a big challenge in coming years, while the role storage can play in making energy flexible, efficient and accessible to all is another issue that deserves more attention, Schueler says in this exclusive interview.