Natural gas demand prediction: Methods, time horizons, geographical scopes, sustainability issues, and scenarios

2022 
Abstract Research studies published over the past decade provide insight to the methods and focus of long-terms natural gas predictions recently proposed and adopted. A search-engine-based research study location protocol identified 107 studies that had focused on such predictions. By applying filters 45 relevant studies were found to address appropriate time horizons and focus on national/international scale predictions. The analysis presented of these relevant studies provides insight concerning the range of prediction methodologies adopted, the prediction influencing factors (inputs) and time horizons typically employed. Whereas short-term predictions are widely considered across global energy markets, long-term natural gas demand forecasts are most studied in Asia, particularly China, India, and Turkey. These areas are characterized by rapidly expanding gas demand and the recent construction of large gas-related infrastructure developments. Most natura gas prediction studies persist in deriving single deterministic forward-looking trends based only on quantitative data that tend to be less useful to policy makers than several potential trends reflecting alternative possible future scenarios that incorporate data from both qualitative and quantitative influencing variables. Apart from a few exceptions, most long-term gas prediction studies fail to adequately consider environmental and sustainability criteria. A strong case can be made that in coming years the consideration such influencing factors, plus competition from renewable energies will become essential in long-term forecasting of natural gas demand from national and global perspectives. A case study, evaluating a learning scenario development model with six alternative futures provides long-term global gas demand forecasts incorporating sustainability input variables. Banner headline Close review of relevant gas prediction studies recently published provides insight regarding the methods used, and the time horizons, and geographic areas concentrated upon. Most studies focus on rapidly growing gas markets in Asia and on time horizons of 5–15 years forward. Environmental and sustainability criteria are only just being considered in the most recent studies. Single trend deterministic methods, whereas multiple trends using alternative possible futures and influences are more useful.
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