Comments by "Paul Aiello" (@paul1979uk2000) on "The truth about LNG" video.
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For me, LNG is a short term solution, the cost alone will end up pushing that aside for cheaper alternatives, likely renewable energy sources being created much closer to where it's used.
In the case of Europe, there's a bit of a spike in buying up LNG since the war in Ukraine, but when looking closely, it looks like they are shifting their economy to an all electric system, which opens up more options on what energy sources you can buy and favours renewable energy sources, because of that and because LNG is so expensive, unless the ones that produce the LNG gas find ways of reducing the cost a lot, I can't see them being competitive with other energy sources, especially renewable energy that's getting better and cheaper all the time.
There's also the security issue, since the war in Ukraine, more countries want to produce more of the energy they use internally, the only real issue with renewables is the inconsistency, but that can be solved with batteries acting as a buffer.
Basically, there's a short wind fall for LNG because of the war in Ukraine, especially in Europe, but it seems short-lived just to fill the void that Russia is missing out on, so unless LNG becomes a lot cheaper to buy, I can't see it being that competitive for long and cheaper alternatives, likely renewable will replace it, at least in Europe, because Asia is a bit different, in many areas, they need as much energy as they can get from any source as they are a growing economy, whereas Europe is more developed and settled on its energy needs, so even thought it's going up, it's much more manageable with cleaner energy sources like renewables, especially as battery tech continues to get better and cheaper.
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