Why the Energy Transition Outlook is needed more than ever

Foreword to the 2020 report

DNV GL Group President & CEO Remi Eriksen

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2020 has been a year of unparalleled change and uncertainty. What are the immediate and long-term implications for the energy transition? Watch experts unpack the latest research.

3-minute watch

Energy Transition Outlook 2020 highlights

Video: the key messages from the latest forecast

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Highlights: Shorter term

Impact of COVID-19 reduces global energy demand by 8%

Energy-related emissions have peaked...

...brought forward five years by COVID-19

Technology can deliver a Paris compliant future

The market alone will not fix harder-to-abate sectors

Stronger policies and regulations are needed

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Highlights: Longer term

The electrification rate of the energy system is strong

Variable renewable energy will deliver over 60% of global power mix in 2050

Gas will take over as the largest energy source this decade

The energy transition is nowhere near fast enough to deliver on the Paris Agreement

Download the Energy Transition Outlook

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