Gastech Young Engineer Foundation March 2014 Newsletter

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Black & Veatch's Laura Musick presents highlights of her winning Gastech Young Engineer Foundation essay about the growing global demand for energy, newly discovered natural gas resources and the benefits natural gas provides.

Engineering Business Technology

March2014
PROCESS ENGINEERINGLAURA MUSICK
GASTECH YOUNG ENGINEER
FOUNDATION

145
201
239
311
0
50
100
150
200
250
300
350
1980 1990 2000 2010
billioncubicfeet/day
ENVIRONMENTAL IMPACTS ARE IN THE
SPOTLIGHT
March 2014
2
Gastech |
New market opportunities exist
NATURAL GAS DEMAND ON THE RISE

CLEANER
Beijing, China
Mexico City, MexicoLos Angeles, California
March 2014Gastech |
3

CLEANER
March 2014
4
Gastech |
Carbon
Dioxide
Nitrogen
Oxide
Sulphur
Dioxide
Mercury
Comparison of Emissions
Coal Fired
Natural Gas Fired

CHEAPER
March 2014
5
Gastech |
$3.78
$2.72
Diesel LNG*
Transportation
$1,000
$2,500
$4,000
$6,600
Natural
Gas Fired
Coal Fired Nuclear Solar
Construction Cost
per kW of Capacity
*Cost per diesel gallon equivalent

NEW MARKET OPPORTUNITIES
March 2014
6
Gastech |
EXMAR Caribbean FLNG
Floating Liquefaction Natural Gas options for “stranded” gas reserves

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