Shaping Energy Technology Transition

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power electricity-generating turbines. Currently, the technology to harvest methane hydrates in an environmentally safe and economically viable fashion is undeveloped. Japan, however, will likely be the first to attempt commercial extraction within the next few years. Energy Independence and Security Domestically, the United States has 1,400 trillion cubic feet (Tcf) of natural gas while the USGS estimates a domestic supply of 200,000 tcf of methane hydrates.214 By capturing just 1 percent of this resource, the United States could double its supply of a natural gas alternative. Current projections estimate that the Blake Ridge, off the coast of South Carolina, contains 1,300 Tcf of methane hydrates, potentially supplying the United States with an abundant natural resource.215 There is twice as much energy potential in methane hydrate form than is found in all hydrocarbon-based fuels (oil, coal, natural gas) combined.216 This indicates that methane hydrates could power the world for another 1,000 years at current energy consumption rates. By harvesting its supply of methane hydrates, the United States could be energy independent and benefit from a fully domestic energy source for decades. Figure 3.9 Methane Hydrates Source: University of Bergen, Norway Economic Impact and Feasibility The technology to safely and economically harvest methane hydrates on a commercial scale is still undeveloped. Because methane hydrates are buried deep below the earth’s 60

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