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ybzhanCorporate NewsChallenges faced by natural gas flow meters

What challenges does the natural gas flowmeter market face
(1) Low cost of coal and thermal power: Coal plays an important role in China's energy structure, with a cumulative installed capacity of about 70% due to its low price. Compared to coal, the price of natural gas is relatively high, so coal is more economical for power generation companies. However, with the increase in environmental protection costs, the operating costs of coal-fired power plants will also increase, making natural gas a relatively cleaner and more efficient alternative energy source.

(2) Increased dependence on natural gas imports: With the growth of China's natural gas demand, limited domestic natural gas reserves are insufficient to meet all demand, leading to an increase in natural gas imports. In 2017, approximately 38.8% of natural gas was imported from other countries, and it is estimated that this proportion will continue to rise. The increasing dependence on imported natural gas has brought uncertainty to the development of China's natural gas industry, which may constrain the growth of the natural gas market.

(3) The ability to provide comprehensive solutions: By utilizing wireless and communication technologies, the development of natural gas flow meters has become more intelligent. However, in addition to intelligent flow meters, the development of natural gas flow meters cannot be separated from the comprehensive solution of intelligent natural gas networks composed of concentrators and information management systems. This system requires enterprises to have manufacturing and research and development capabilities in both software and hardware. For current natural gas flowmeter manufacturers, this is a huge challenge and limitation.

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