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Platts Future Energy

Understanding methane one commodity at a time

May 3, 2022
Discussing the unique challenges posed by methane emissions in natural gas production, including the utilization of satellite data for measuring methane intensity and the pricing transparency in the Methane Performance Certificate market. Exploring the complexities in tracking and monitoring methane emissions, analyzing methane emissions in US oil and gas basins, and the significance of real-time monitoring and estimating methane intensity in the fight against climate change.
12:55

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Quick takeaways

  • Methane emissions from various sources hinder accurate quantification, requiring a comprehensive approach for effective reduction strategies.
  • S&P Global Commodity Insights utilizes satellite data to analyze methane emissions globally, enabling detailed assessments for informed emission reduction decisions.

Deep dives

Challenges in Methane Quantification

Quantifying methane emissions is challenging due to its widespread sources from various human activities like industrial production, power generation, and residential usage. Industries traditionally associated with methane generation include oil and natural gas production, but it's critical to comprehend that methane emanates from diverse sources including landfills, pipelines, and restaurants. This widespread distribution makes it difficult to pinpoint the exact sources of emitted methane, hindering accurate quantification and necessitating a comprehensive approach to tackle this pressing environmental issue.

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