China is drilling deep into the ocean floor in the hope of tapping vast deposits of a frozen fossil fuel known as “combustible ice,” but it would be years before it is part of the global energy mix.
Gas hydrates are found in the seabed as well as beneath permafrost, but experts say extracting methane from the ice crystals is technologically challenging and expensive.
Energy-guzzling China, one of several nations hoping to exploit the hard-to-reach resource to meet growing demand, announced a “historic breakthrough” in drilling tests in the South China Sea.
Photo: AFP
In six weeks, China extracted more than 235,000m3 of gas hydrate off the coast of Guangdong Province, a statement on the China Geological Survey’s Web site said.
“China has beaten expectations in completing the trial explorations of combustible ice using local innovations in technology and engineering,” Guangzhou Marine Geology Survey head Ye Jianliang (葉建良) said. “It marks a historic breakthrough.”
One cubic meter of gas hydrate, which is also known as “flammable ice” because methane can ignite, releases 164m3 of conventional natural gas once extracted, the US Department of Energy says.
Methane is extracted by heating or reducing the pressure inside the well to break down the hydrates.
Estimates for the size of the planet’s gas hydrate deposits vary widely, but the US department says it could exceed “the combined energy content of all other known fossil fuels.”
Analysts say the substantial resource could be a “game changer” for nations that have limited access to conventional natural gas.
“The perfect example is Japan because they don’t have much conventional gas and for them it could be an important reserve,” University of Auckland senior lecturer of geophysics Ingo Pecher said.
Japan is heavily reliant on liquefied natural gas imports, with most of the nation’s fleet of nuclear reactors still offline more than six years after the 2011 tsunami disaster at Fukushima.
“It boils down to economics,” Pecher said.
While known and presumed gas hydrate deposits have been identified from New Zealand to Alaska, the challenge is to find ones that are highly concentrated and accessible.
Several nations are hoping to turn gas hydrate into a viable source of energy, including Japan, which has reported drilling success off its Pacific coast.
The US, which is also looking into the potential of gas hydrate, has obtained positive results from exploratory drilling in the Gulf of Mexico.
However, commercially viable production is “another 10 years” away, said Paul Duerloo, partner and managing director at Boston Consulting Group in Tokyo.
“We know where the resource is, the technology we need to apply, but the production rates out of the wells are not commercially sustainable at the current prices,” Duerloo said, adding that shale gas — another unconventional energy source that faced similar challenges — took a long time to “take off.”
China expects to start commercial production of gas hydrate “around 2030,” the Chinese Ministry of Land and Resources said.
Another concern surrounding gas hydrate extraction is the potential for methane — a greenhouse gas — to leak into the atmosphere and fuel global warming, said Xu Yuan (徐袁), an associate professor at the Chinese University of Hong Kong’s geography and resource management department.
Nevertheless, gas hydrates have “huge potential” if the cost and technological hurdles can be overcome, he added.
JITTERS: Nexperia has a 20 percent market share for chips powering simpler features such as window controls, and changing supply chains could take years European carmakers are looking into ways to scratch components made with parts from China, spooked by deepening geopolitical spats playing out through chipmaker Nexperia BV and Beijing’s export controls on rare earths. To protect operations from trade ructions, several automakers are pushing major suppliers to find permanent alternatives to Chinese semiconductors, people familiar with the matter said. The industry is considering broader changes to its supply chain to adapt to shifting geopolitics, Europe’s main suppliers lobby CLEPA head Matthias Zink said. “We had some indications already — questions like: ‘How can you supply me without this dependency on China?’” Zink, who also
The number of Taiwanese working in the US rose to a record high of 137,000 last year, driven largely by Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) rapid overseas expansion, according to government data released yesterday. A total of 666,000 Taiwanese nationals were employed abroad last year, an increase of 45,000 from 2023 and the highest level since the COVID-19 pandemic, data from the Directorate-General of Budget, Accounting and Statistics (DGBAS) showed. Overseas employment had steadily increased between 2009 and 2019, peaking at 739,000, before plunging to 319,000 in 2021 amid US-China trade tensions, global supply chain shifts, reshoring by Taiwanese companies and
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) received about NT$147 billion (US$4.71 billion) in subsidies from the US, Japanese, German and Chinese governments over the past two years for its global expansion. Financial data compiled by the world’s largest contract chipmaker showed the company secured NT$4.77 billion in subsidies from the governments in the third quarter, bringing the total for the first three quarters of the year to about NT$71.9 billion. Along with the NT$75.16 billion in financial aid TSMC received last year, the chipmaker obtained NT$147 billion in subsidies in almost two years, the data showed. The subsidies received by its subsidiaries —
OUTLOOK: Pat Gelsinger said he did not expect the heavy AI infrastructure investments by the major cloud service providers to cause an AI bubble to burst soon Building a resilient energy supply chain is crucial for Taiwan to develop artificial intelligence (AI) technology and grow its economy, former Intel Corp chief executive officer Pat Gelsinger said yesterday. Gelsinger, now a general partner at the US venture capital firm Playground Global LLC, was asked at a news conference in Taipei about his views on Taiwan’s hardware development and growing concern over an AI bubble. “Today, the greatest issue in Taiwan isn’t even in the software or in architecture. It is energy,” Gelsinger said. “You are not in the position to have a resilient energy supply chain, and that,
RSS