The growth of the global economy has also resulted in a greater demand for energy. However, not every country can meet its own energy demands through domestic production, and the global energy trade – notably coal, oil, and natural gas – is crucial for many countries to maintain a growing economy. In the global push toward decarbonization, many countries are finding it difficult to replace their hydrocarbon-based energy imports with domestic renewables like wind and solar.

Currently, solar and wind energy are only transferred via electrical power lines, but most energy import schemes look beyond electricity. Hydrogen, synthetic methane, ammonia, and many other renewable energy carriers are being evaluated today. To identify the optimal energy carrier to import renewable energy, a new framework is needed.

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Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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Decarbonizing the Global Energy Trade

By:

Chief Product Officer

Managing Director, Consulting

The growth of the global economy has also resulted in a greater demand for energy. However, not every country can meet its own energy demands through domestic production, and the global energy trade – notably coal, oil, and natural gas – is crucial for many countries to maintain a growing economy. In the global push toward decarbonization, many countries are finding it difficult to replace their hydrocarbon-based energy imports with domestic renewables like wind and solar.

Currently, solar and wind energy are only transferred via electrical power lines, but most energy import schemes look beyond electricity. Hydrogen, synthetic methane, ammonia, and many other renewable energy carriers are being evaluated today. To identify the optimal energy carrier to import renewable energy, a new framework is needed.

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Decarbonizing the Global Energy Trade

By:

Chief Product Officer

Managing Director, Consulting

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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