4 things you should know about North American gas to 2050
From rising gas demand for power generation to the long-term outlook for prices, we give you the lowdown on gas and LNG in North America
1 minute read
Dulles Wang
Director, Americas Gas and LNG Research
Dulles Wang
Director, Americas Gas and LNG Research
Dulles delivers analysis of all aspects of the natural gas value chain.
Latest articles by Dulles
-
Opinion
North America's RNG market set for continued growth in 2025 after historic year
-
The Edge
US upstream gas sector poised to gain from higher Henry Hub prices
-
The Edge
Upside pressure mounts on US gas prices
-
Opinion
North America gas strategic planning outlook: A glimpse into 2050
-
Opinion
North America gas: 5 things to look for in 2025
-
Opinion
LFG-to-RNG: positive outlook and hidden potential
Gas and liquefied natural gas (LNG) remain critical to the global energy mix as the energy transition progresses – and with risks to global decarbonisation efforts mounting, their importance is only being underlined. As a new US administration pivots away from renewables, what does the future look like for North American gas markets?
In our recently published Strategic Planning Outlook, WoodMac’s expert analysts explored the themes and trends set to shape North American gas and LNG to 2050. Fill out the form to download an article summarising key regional insights from the report, or read on to get our latest view on the future of gas demand in North America.
Significant growth lies ahead for North American gas
The key headline from the insight is that North American gas markets are set for healthy growth – and it’s not just about LNG exports. Until recently, ongoing renewables penetration in the power sector made us cautious about long-term domestic market gas demand. However, in addition to LNG supply growth, industrial reshoring and an AI-related data centre boom will now drive significantly higher power demand, particularly in the US. At the same time, gas-powered generation will be the main beneficiary of the Trump administration’s policy shift away from renewables.
Get more insight
Fill out the form to download the full complimentary report, which also covers:
- Surging US and Canadian LNG exports
- The long-term outlook for benchmark Henry Hub prices
- North America’s role in growing gas-based blue hydrogen supply
- North American capacity growth in gas-related CCUS