07 Sep '17, 7am

DNV GL releases new Energy Transition Outlook

The company says that in the past months hundreds of energy experts have worked on its fact-based suite of reports with a lot of trustworthy information to help industry players develop their energy strategies. The outlooks finds that the world will reach a plateau of final energy demand around 2030, driven by greater efficiency and the rapid decarbonisation of the energy supply, with renewables set to make up almost half of the energy mix by 2050. By mid-century the share of electricity supply rises to 40 percent compared with 18 percent today and 85 percent of global electricity production expected to come from renewable sources. The outlook’s main report charts the world’s energy future to 2050 and provides forecasts for the energy transition in 10 world regions, whilst the companion reports discuss the implications for separate industries including renewables, power, a...

Full article: https://www.renewableenergymagazine.com/panorama/dnv-gl-r...

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