Mitigation of peak oil is another alternative, and combined cycle power generation using natural gas is the cleanest source of power available using fossil fuels, producing about 30% less carbon dioxide than burning petroleum and about 45% less than burning coal. The major difficulty in the use of natural gas is transportation and storage because of its low density. Natural gas pipelines are economical, but are impractical across oceans. Due to its high energy density and ease of handling, oil has a unique role as a transportation fuel. There are, however, a number of possible alternatives. Among the biofuels the use of bioethanol and
Electricity sector in India 100 MMSCMD. The break even price for switching from imported coal to LNG in electricity generation is estimated near 6 US$/mmBtu. Indian government has taken steps to enhance the generation from the stranded gas based power plants for meeting peak load demand by waiving applicable import duties and taxes due to drastic fall in the LNG and crude oil international prices. Gasification of coal or lignite or pet coke or biomass, produces syngas or coal gas or wood gas which is a mixture of hydrogen, carbon monoxide and carbon dioxide gases. Coal gas can be converted into synthetic natural gas