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DNV Energy Transition Outlook 2020

The behavioural and economic ramifications of COVID19 will permanently reduce global energy demand, according to DNV GL's newly published Energy Transition Outlook. Among others, the report talks about clean energy technologies, the role of financial institutions in financing the green transition and the long-term impact of COVID-19. 

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Watch: Project aims to develop a full-size tidal energy harnessing system solution

In fact, according to a recent statement, Leask Marine Ltd. has been presented as a key strategic associate for the Magallanes Renovables’ “OCEAN_2G” project. Namely, the OCEAN_2G (Second Generation technologies in ocean energy) innovation project aims to test; validate and pre-certify an innovative full-size tidal energy harnessing system solution ready to enter into European and global markets, further boosting the growth performance of industrial partners of the consortium and being a worldwide referent in the manufacturing of floating platforms for producing electrical energy from tidal currents.

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The road to 2050 energy transition

In the most recent Energy Transition Outlook, DNV GL presents its timeline of the next 30 years of the energy transition, which shows many astonishing milestones. Namely, the one of the key takeaways of the timeline is the peak of energy supply and demand, but there are other significant milestones as well. According to the timeline oil will peak at 2022, while 4 years later transport energy demand will peak.

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