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Utilization of coalbed methane
Author(s) -
Gustavson John B
Publication year - 1996
Publication title -
natural resources forum
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.646
H-Index - 49
eISSN - 1477-8947
pISSN - 0165-0203
DOI - 10.1111/j.1477-8947.1996.tb00634.x
Subject(s) - coalbed methane , natural gas , natural resource economics , capital (architecture) , methane , economics , environmental science , petroleum engineering , coal , engineering , waste management , chemistry , geography , organic chemistry , coal mining , archaeology
Substantial progress has been made in capturing coalbed methane (CBM gas), which constitutes a valuable source of clean burning energy. It is of utmost importance to recognize and study the various potential uses of coalbed methane and to understand the various technologies required, as well as their economics and any institutional constraints. In industrialized countries, the uses of coalbed methane are almost solely dependent on microeconomics; coalbed methane must compete for a market against natural gas and other energy sources – and frequently, coalbed methane is not competitive with other energy sources. In developing countries, on the other hand, particularly in countries where other sources of energy are in scarce supply, coalbed methane economics yields predictably positive results. Here, constraints to development of CBM utilization are mainly lack of technology and investment capital. Sociological aspects such as attitude and cultural habits, may also have a strong negative influence. This paper will outline the economics of coalbed methane utilization, particularly its competition with natural gas, and touch upon the many different uses to which coalbed methane may be applied. It is recommended that all potential uses of CBM gas must be carefully investigated for positive application, each on its own or in combination .