America’s Energy City

Afternoon forums focus on LNG, GTL and Geothermal

Following post from the Energy Communicators Blog.

Panelists focused on a wide range of energy issues Tuesday afternoon at the Greater Houston Partnership energy forum. Here are a few thoughts from energy leaders in various areas.

On LNG

James Yardley, president of the pipeline division at El Paso Energy, said the need for LNG will likely decrease in the future due to exploration efforts for unconventional gas. However, Yardley said the available LNG receiving terminals is good news for security supply.

On GTL

Mark Kapner, senior strategy planner for Austin Energy, said he sees a promising future for gas-to-liquids technology, which converts natural gas into fuel. When oil prices increase, Kapner believes GTL will be discussed more in the United States, especially with large supplies of available natural gas.

On Geothermal

Rebecca Ranich, director of energy and resources for Deloitte Consulting, LLP, said the stimulus bill will help inject $400 million in R&D investment for geothermal development. The key is that the perceived high risks need to be overcome in the marketplace.