The volume of natural gas used in the generation of electricity in Trinidad & Tobago varies from day to day.
The volume of gas used depends on two main factors:
• ↓Firstly, it depends on the weather; on hotter days there is more demand for electricity for air conditioning and therefore more gas is burnt to generate that electricity;
• Secondly, the volume of gas used depends on how much electricity comes from the more efficient electricity generation units and how much comes from the less efficient generation units. The most efficient generation is from the combined cycle systems at the TGU (Trinidad Generation Unlimited) plant in La Brea and the Powergen plant in Penal. If there are issues with these plants, more electricity has to be dispatched from the less efficient single cycle units in Point Lisas.
The variation can be more than 50 million cubic feet of gas per day (mmscf/d). This volume of gas could run a typical medium-sized petrochemical plant. If the volume of gas used is kept at the lower end of what is typically used we could have an additional plant running in Point Lisas. This would mean higher exports, more foreign exchange, more Government revenue and additional secure jobs.
While we cannot control the weather, we can control both energy consumption through better more efficient cooling systems and through ensuring more efficient electricity generation, in addition to the introduction of renewable energy. These can be influenced by the right policies and programmes.