SLBC Article

Rishabh Sultania, Senior Manager at Synergy Consulting, Inc., shares insights on the Resurgence of Gas Based Power Generation – A Development Advisor’s Perspective

Across the world, we are seeing a major shift in the energy sector. Countries are moving away from traditional fossil fuel-based power generation and adopting cleaner energy sources.

Renewable energy has now emerged as the primary driver for the development of new utilities in a country’s energy mix.

However, one of the key concerns in this transition is maintaining consistent and stable power generation on transmission networks originally supplied by fossil fuel-based power plants.

Renewable sources, while clean, are often dependent on weather conditions. As a result, at times, they may not be able to meet the base load demand. During such times, the demand / supply gap would need to be filled by fossil fuel-based plants.

This is where gas-based power generation plays an important role. Natural gas is considered a relatively cleaner fossil fuel and offers flexibility in operations. It can ramp up or down quickly, making it ideal for supporting the grid when renewable sources fluctuate.

At the same time, new technologies such as green hydrogen or modular nuclear reactors are being explored as long-term clean energy solutions. However, these technologies are evolving and may take years before they can be deployed at scale.

Hence, gas-based power generation remains relevant today and continues to serve as an alternative for providing reliable power generation and ensuring grid stability for at least the next two decades.

As Development Advisors, our focus at Synergy Consulting, Inc. is to build bankable, future-ready models that support stable power supply and long-term sustainability. To drive such a transformation, it is essential to put in place the right facilities, frameworks, and systems that attract global attention and enable the successful delivery of these projects. At Synergy Consulting, Inc., we are a team of dedicated professionals bringing together diverse expertise to address the multifaceted challenges of infrastructure development.

Synergy Consulting, Inc. is a global leader in development and financial advisory services. Leveraging on a strong international network of clients (developers, financial institutions, and sectoral stakeholders), Synergy is uniquely equipped to support and develop any infrastructure opportunity in today’s markets. We offer comprehensive, end-to-end development support throughout the entire project lifecycle—from conceptualization to commercial operation—ensuring the successful delivery of transformative social infrastructure and utilities across sectors and geographies globally.