Review
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Year 2023, Volume: 5 Issue: 3, 381 - 388, 31.12.2024

Abstract

References

  • Abes, A., Irofti, D., Ifrene, G.E.H., Rasouli, V., Djemai, S., 2021. The Impact of Geometric Attributes of Fractures on Fluid Flow Characteristics of Reservoir: A Case Study in Alrar Field, Algeria. in 55th US Rock Mechanics/Geomechanics Symposium, OnePetro.
  • Alagoz, E., 2023a. Exploring Future Applications of Fossil Fuels through AI-Generated Figures. https://doi.org/10.13140/RG.2.2.16763.49442/1.
  • Alagoz, E., 2023b. Electrifying the Transportation Sector Implications for the Oil and Gas Industry. International Journal of Energy and Smart Grid 8 (2023).
  • Alagoz, E. Alghawi, Y., 2023. The Energy Transition: Navigating the Shift Towards Renewables in the Oil and Gas Industry. Journal of Energy and Natural Resources 12 (2), 21-24. https://doi.org/10.11648/j.jenr.20231202.12.
  • Alagoz, E., Alghawi, Y., Ergul, M.S., 2023. Innovation in Exploration and Production: How Technology Is Changing the Oil and Gas Landscape. Journal of Energy and Natural Resources 12 (3), 25-29. https://doi.org/10.11648/j.jenr.20231203.11.
  • Ali, U., 2019. The history of the oil and gas industry from 347 AD to today. Retrieved 05/06/2023 from https://www.offshore-technology.com/comment/history-oil-gas/.
  • Finkelman, R.B., Wolfe, A., Hendryx, M.S., 2021. The future environmental and health impacts of coal. Energy Geoscience 2 (2), 99-112. https://doi.org/10.1016/j.engeos.2020.11.001.
  • Raine, D.F., Muhammad-Sukki, F., Ramirez-Iniguez, R., Ardila-Rey, J.A., Jafry, T., Gamio, C., 2021. Embodied Energy and Cost Assessments of a Concentrating Photovoltaic Module. Sustainability 13 (24), 13916. https://doi.org/10.3390/su132413916.
  • Gabrielli, P., Gazzani, M., Mazzotti, M., 2020. The Role of Carbon Capture and Utilization, Carbon Capture and Storage, and Biomass to Enable a Net-Zero-CO2 Emissions Chemical Industry. Industrial & Engineering Chemistry Research 59 (15), 7033-7045. https://doi.org/10.1021/acs.iecr.9b06579.
  • Glenn, E., Smith, T.M., Gálvez, J. M., Davison, M., Hibbert, K., González, J.E., 2021. Tropical Convection in the Caribbean and Surrounding Region during a Regional, Warming Sea-Surface Temperature Period, 1982-2020. Hydrology 8 (2), 56. https://www.mdpi.com/2306-5338/8/2/56.
  • Gürsan, C., de Gooyert, V., 2021. The systemic impact of a transition fuel: Does natural gas help or hinder the energy transition? Renewable and Sustainable Energy Reviews 138, 110552. https://doi.org/10.1016/j.rser.2020.110552.
  • Pörtner, H-O., Roberts, D.C., Tignor, M.M.B., Poloczanska, E., Mintenbeck, K., Alegría, A., Craig, M.H., Langsdorf, S., Löschke, S., Möller, V., Okem, A., Rama, B., Belling, D., Dieck, W., Götze, S., Kersher, T., Mangele, P., Maus, B., Mühle, A., Nabiyeva, K., Nicolai, M., Niebuhr, A., Petzold, J., Prentzler, E., Savolainen, H., Weisfeld, S., Weyer, N., 2022. Climate Change 2022: Impacts, Adaptation, and Vulnerability. Contribution of Working Group II to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change. C. Cambridge University Press. Cambridge University Press, UK and New York, NY, USA.
  • Hubbert, M.K., 1949. Energy from Fossil Fuels. Science 109 (2823), 103-109. https://doi.org/doi:10.1126/science.109.2823.103.
  • IRENA., 2023. The cost of financing for renewable power. A. D. International Renewable Energy Agency, UAE.
  • Ma, S., Lei, T., Meng, J., Liang, X., Guan, D. 2023. Global oil refining's contribution to greenhouse gas emission, from 2000 to 2021. The Innovation 4 (1), 100361. https://doi.org/10.1016/j.xinn.2022.100361.
  • Palmer, A., 2016. Introduction to Petroleum Exploration and Engineering. https://doi.org/10.1142/10229.
  • Szwarc, D., Nowicka, A., Głowacka, K., 2022. Cross-Comparison of the Impact of Grass Silage Pulsed Electric Field and Microwave-Induced Disintegration on Biogas Production Efficiency. Energies 15 (14), 5122. https://www.mdpi.com/1996-1073/15/14/5122.
  • World Energy Outlook 2022. https://www.iea.org/reports/world-energy-outlook-2022.
  • Yadav, V.G., Yadav, G.D., Patankar, S.C., 2020. The production of fuels and chemicals in the new world: critical analysis of the choice between crude oil and biomass vis-à-vis sustainability and the environment. Clean Technologies and Environmental Policy, 22(9), 1757-1774. https://doi.org/10.1007/s10098-020-01945-5.
  • Zhang, D., Rong, C., Ahmad, T., Xie, H., Zhu, H., Li, X., Wu, T., 2023. Review and outlook of global energy use under the impact of COVID-19. Engineering Reports, 5(3), e12584. https://doi.org/10.1002/eng2.12584.

The Future of Fossil Fuels: Challenges and Opportunities in a Low-Carbon

Year 2023, Volume: 5 Issue: 3, 381 - 388, 31.12.2024

Abstract

This review article examines the challenges and opportunities facing the future of fossil fuels in a low-carbon world. The article begins by discussing the importance of fossil fuels in the global energy mix and the need for a transition to a low-carbon economy to address climate change. It provides an overview of the history and evolution of fossil fuel use, the current state of the fossil fuel industry, and the definition and types of fossil fuels. The article then explores the challenges facing the future of fossil fuels, including the need to reduce greenhouse gas emissions, declining costs of renewable energy, and political and social pressure to reduce fossil fuel use. However, the article also highlights several opportunities for the future of fossil fuels, including technological advancements in carbon capture and storage (CCS), the potential role of natural gas as a "bridge" fuel, and the use of fossil fuels in non-energy applications. To illustrate the challenges and opportunities, the article includes case studies of countries or companies that are successfully transitioning away from fossil fuels and examples of innovative fossil fuel projects or technologies. The review concludes with a discussion of the future outlook for fossil fuels and the potential paths forward in a low-carbon world. Overall, this review provides an overview of the future of fossil fuels and the challenges and opportunities that lie ahead.

References

  • Abes, A., Irofti, D., Ifrene, G.E.H., Rasouli, V., Djemai, S., 2021. The Impact of Geometric Attributes of Fractures on Fluid Flow Characteristics of Reservoir: A Case Study in Alrar Field, Algeria. in 55th US Rock Mechanics/Geomechanics Symposium, OnePetro.
  • Alagoz, E., 2023a. Exploring Future Applications of Fossil Fuels through AI-Generated Figures. https://doi.org/10.13140/RG.2.2.16763.49442/1.
  • Alagoz, E., 2023b. Electrifying the Transportation Sector Implications for the Oil and Gas Industry. International Journal of Energy and Smart Grid 8 (2023).
  • Alagoz, E. Alghawi, Y., 2023. The Energy Transition: Navigating the Shift Towards Renewables in the Oil and Gas Industry. Journal of Energy and Natural Resources 12 (2), 21-24. https://doi.org/10.11648/j.jenr.20231202.12.
  • Alagoz, E., Alghawi, Y., Ergul, M.S., 2023. Innovation in Exploration and Production: How Technology Is Changing the Oil and Gas Landscape. Journal of Energy and Natural Resources 12 (3), 25-29. https://doi.org/10.11648/j.jenr.20231203.11.
  • Ali, U., 2019. The history of the oil and gas industry from 347 AD to today. Retrieved 05/06/2023 from https://www.offshore-technology.com/comment/history-oil-gas/.
  • Finkelman, R.B., Wolfe, A., Hendryx, M.S., 2021. The future environmental and health impacts of coal. Energy Geoscience 2 (2), 99-112. https://doi.org/10.1016/j.engeos.2020.11.001.
  • Raine, D.F., Muhammad-Sukki, F., Ramirez-Iniguez, R., Ardila-Rey, J.A., Jafry, T., Gamio, C., 2021. Embodied Energy and Cost Assessments of a Concentrating Photovoltaic Module. Sustainability 13 (24), 13916. https://doi.org/10.3390/su132413916.
  • Gabrielli, P., Gazzani, M., Mazzotti, M., 2020. The Role of Carbon Capture and Utilization, Carbon Capture and Storage, and Biomass to Enable a Net-Zero-CO2 Emissions Chemical Industry. Industrial & Engineering Chemistry Research 59 (15), 7033-7045. https://doi.org/10.1021/acs.iecr.9b06579.
  • Glenn, E., Smith, T.M., Gálvez, J. M., Davison, M., Hibbert, K., González, J.E., 2021. Tropical Convection in the Caribbean and Surrounding Region during a Regional, Warming Sea-Surface Temperature Period, 1982-2020. Hydrology 8 (2), 56. https://www.mdpi.com/2306-5338/8/2/56.
  • Gürsan, C., de Gooyert, V., 2021. The systemic impact of a transition fuel: Does natural gas help or hinder the energy transition? Renewable and Sustainable Energy Reviews 138, 110552. https://doi.org/10.1016/j.rser.2020.110552.
  • Pörtner, H-O., Roberts, D.C., Tignor, M.M.B., Poloczanska, E., Mintenbeck, K., Alegría, A., Craig, M.H., Langsdorf, S., Löschke, S., Möller, V., Okem, A., Rama, B., Belling, D., Dieck, W., Götze, S., Kersher, T., Mangele, P., Maus, B., Mühle, A., Nabiyeva, K., Nicolai, M., Niebuhr, A., Petzold, J., Prentzler, E., Savolainen, H., Weisfeld, S., Weyer, N., 2022. Climate Change 2022: Impacts, Adaptation, and Vulnerability. Contribution of Working Group II to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change. C. Cambridge University Press. Cambridge University Press, UK and New York, NY, USA.
  • Hubbert, M.K., 1949. Energy from Fossil Fuels. Science 109 (2823), 103-109. https://doi.org/doi:10.1126/science.109.2823.103.
  • IRENA., 2023. The cost of financing for renewable power. A. D. International Renewable Energy Agency, UAE.
  • Ma, S., Lei, T., Meng, J., Liang, X., Guan, D. 2023. Global oil refining's contribution to greenhouse gas emission, from 2000 to 2021. The Innovation 4 (1), 100361. https://doi.org/10.1016/j.xinn.2022.100361.
  • Palmer, A., 2016. Introduction to Petroleum Exploration and Engineering. https://doi.org/10.1142/10229.
  • Szwarc, D., Nowicka, A., Głowacka, K., 2022. Cross-Comparison of the Impact of Grass Silage Pulsed Electric Field and Microwave-Induced Disintegration on Biogas Production Efficiency. Energies 15 (14), 5122. https://www.mdpi.com/1996-1073/15/14/5122.
  • World Energy Outlook 2022. https://www.iea.org/reports/world-energy-outlook-2022.
  • Yadav, V.G., Yadav, G.D., Patankar, S.C., 2020. The production of fuels and chemicals in the new world: critical analysis of the choice between crude oil and biomass vis-à-vis sustainability and the environment. Clean Technologies and Environmental Policy, 22(9), 1757-1774. https://doi.org/10.1007/s10098-020-01945-5.
  • Zhang, D., Rong, C., Ahmad, T., Xie, H., Zhu, H., Li, X., Wu, T., 2023. Review and outlook of global energy use under the impact of COVID-19. Engineering Reports, 5(3), e12584. https://doi.org/10.1002/eng2.12584.
There are 20 citations in total.

Details

Primary Language English
Subjects Marine Geology and Geophysics
Journal Section Review
Authors

Ekrem Alagoz

Yaser Alghawı This is me

Publication Date December 31, 2024
Published in Issue Year 2023 Volume: 5 Issue: 3

Cite

AMA Alagoz E, Alghawı Y. The Future of Fossil Fuels: Challenges and Opportunities in a Low-Carbon. IJESKA. December 2024;5(3):381-388.