Coal Bed Methane Market Outlook — Forecast of CBM demand, pricing, and role in unconventional gas supply.
The CBM market outlook is one of continued, albeit moderated, growth. While the long-term goal of the energy transition is to move to a fully renewable grid, natural gas will remain a vital fuel for decades to come, providing grid stability and serving industrial needs. The CBM market is expected to remain a significant contributor to global natural gas supply, with future growth being influenced by the pace of the energy transition and the effectiveness of new environmental technologies.
The Coal Bed Methane (CBM) market is a vital segment of the global energy landscape, focusing on the extraction of natural gas from coal seams. CBM is an unconventional natural gas that is absorbed within the solid matrix of coal. Unlike traditional natural gas, which is found in porous rock formations, CBM requires specialized drilling and water removal techniques to release the gas. The market for this energy source has grown into a multi-billion dollar industry, playing an increasingly important role in meeting global energy demand and serving as a key "bridge fuel" in the transition to cleaner energy.