Topical Research Paper 8 page The main purpose of the topical paper is to expand on a subject included in the course lectures. Power System Management covers a broad array of subjects regarding the power system, including both technical and business topi

LNG= Liquified Natural Gas is a liquid form of the Natural gas that has been carefully filtered out and stored extremely cold temperatures, specifically -160 degree Celsius, that needs to be sent out for exporting to overseas countries such as Europe and Asia. This liquified form is stored in a tank, and you once it is out of the tank under hot/room temperatures, it is put back in the form of natural gas for selling. This can be competitive because gas is very expensive overseas. Natural gas usage is very popular and important as it provides energy and power to our homes that is used for keeping houses warm and producing power generation. As the population continues to increase, it is estimated for the demand for natural gas to double by 2050. In comparison to coal, natural gas has been getting more popular and useful over the years. Consequently, the demand for natural gas will continue to outweigh the supply and it will be due to 3 main reasons: