DNV GL: Energy Transition 2020 - CEENERGYNEWS

However, despite a rapidly growing share of renewables, the energy transition that DNV GL forecasts is not fast enough to bring the world to ... News Oil&Gas LNG Electricity Climate Renewables Innovation Hydrogen Finance Trading EUaffairs Transport Nuclear Ukraine-Russiacrisis Interviews Voices Podcasts Energy&Me Events Advertise About Mission&Vision Contactus OurPartners Search CEENERGYNEWS Thursday,September22,2022 Signuptoourbiweeklynewsletter CEENERGYNEWS News Oil&Gas LNG Electricity Climate Renewables Innovation Hydrogen Finance Trading EUaffairs Transport Nuclear Ukraine-Russiacrisis Interviews Voices Podcasts Energy&Me Events Advertise About Mission&Vision Contactus OurPartners FacebookLinkedinSpotifyTwitter Search Signin Welcome!Logintoyouraccount yourusername yourpassword Forgotyourpassword?Gethelp PrivacyPolicy Passwordrecovery Recoveryourpassword youremail Apasswordwillbee-mailedtoyou. HomeReportsDNVGL:EnergyTransition2020 Reports DNVGL:EnergyTransition2020 ByNewsroom September10,2020 FacebookTwitterWhatsAppLinkedinEmailPrint TheEnergyTransition2020Outlookcoverstheperiodthroughto2050andforecaststheenergytransitiongloballyandin10worldregions. Duetodelayedeconomicgrowthandbehaviouralchanges,globalenergydemandisforecasttoreduceby8percentin2020andwillcontinuetofluctuate6-8percentlowerthroughto2050thaninanequivalentnon-COVIDsituation.Thedrop-offindemandwillinfluenceconsumptionforallenergysources:oilandcoalaremostseverelyimpacted,followedbygas,withrenewablesleastaffected. Inafewdecades,powersystemsinmostregionswillbedominatedbysolarandwind–boastingCLRsofbetween16and28percentforthecoretechnologies.Butnotallsectorscanbeelectrifiedandhydrogenisincreasinglybeingseenaskeytodecarbonisationtargets. However,despitearapidlygrowingshareofrenewables,theenergytransitionthatDNVGLforecastsisnotfastenoughtobringtheworldtowithinreachofthegoalsestablishedbytheParisAgreement.TheOutlookforecastpointstowardswarmingof2.3°Cbytheendofthiscentury,alevelconsidereddangerousbytheworld’sscientificcommunity. Readthefullreporthere. Signuptoourbiweeklynewsletter YourName(required) Company(required) Role(required) YourEmail(required) IaccepttheTermsofuseandthePrivacyPolicy TagsCOVID-19DNVGLEnergyTransitionRenewableHydrogensolarenergywindenergy FacebookTwitterWhatsAppLinkedinEmailPrint PreviousarticleTurkeyandGreece:overlappingclaimsandgrowingtensionsintheEasternMediterraneanNextarticleDNVGL:thedecarbonisationisnothappeningfastenough RELATEDARTICLES Reports IEA:GasMarketReport Newsroom-February3,2022 Reports OxfordInstituteforEnergyStudies:KeyThemesfortheGlobalEnergyEconomyin2022 Newsroom-January27,2022 Reports GECF:RoadtoRecoveryfromCOVID-19andTransitiontoaCarbonNeutralWorld–DawnofaNewEraforNaturalGas Newsroom-November23,2021 MostPopular ClimatebusinessplatformlaunchedforUkraine,Georgia,Armenia September21,2022 CzechParliamentapprovescaponelectricityandgasprices September21,2022 MajorprogressonLithuanianenergystoragefacilitysystembatterypark September21,2022 RomaniatohosttheClimateChangeSummiton4-5October September21,2022 Loadmore CEENERGYNEWS ABOUTUS CEENERGYNEWSistheenergydedicatedportalthataimstodeliverup-to-datenewsandanalysisacrosstheenergyagendain20+countriesinCentralandSoutheasternEurope.Followthelatestindustrytrends,thekeyfactorsshapingtheCEEmarkets,theEUregulationsaffectingtheindustry. Contactus:[email protected] FOLLOWUS FacebookLinkedinSpotifyTwitter ©CeenergyNews Thiswebsiteusescookiesthatarestrictlynecessaryforthefunctionalityofthewebsiteandassistinimprovingthequalityofthewebsite.YoucanacceptorrejectcookiesusedtoimprovethequalityofthiswebsitebyclickingonACCEPTorREJECT.Moreinformationonthecookiesplacedbythiswebsitecanbefoundhere.ACCEPTREJECTPrivacy&CookiesPolicy Close PrivacyOverview Thiswebsiteusescookiesthatarestrictlynecessaryforthefunctionalityofthewebsiteandassistinimprovingthequalityofthewebsite.YoucanacceptorrejectcookiesusedtoimprovethequalityofthiswebsitebyclickingonACCEPTorREJECT.Moreinformationonthecookiesplacedbythiswebsitecanbefoundhere. Necessary Necessary AlwaysEnabled Necessarycookiesareabsolutelyessentialforthewebsitetofunctionproperly.Thiscategoryonlyincludescookiesthatensuresbasicfunctionalitiesandsecurityfeaturesofthewebsite.Thesecookiesdonotstoreanypersonalinformation. Non-necessary Non-necessary Anycookiesthatmaynotbeparticularlynecessaryforthewebsitetofunctionandisusedspecificallytocollectuserpersonaldataviaanalytics,ads,otherembeddedcontentsaretermedasnon-necessarycookies.Itismandatorytoprocureuserconsentpriortorunningthesecookiesonyourwebsite. SAVE&ACCEPT Signuptoourbiweeklynewsletter YourName(required) Company(required) Role(required) YourEmail(required) IaccepttheTermsofuseandthePrivacyPolicy ×