Energy Transition Outlook 2020-2050
We are happy to announce Sverre Alvik, Programme Director Energy Transition at DNV GL, as keynote speaker at UTC Selected Topics 18 November.
DNV GL's Energy Transition Outlook is an independent, model-based forecast of the world's most likely energy future through to 2050.
Scale Uptake of Existing Technologies
DNV GL predicts that Covid-19 will reduce energy demand by 8% and places peak emission behind us. They see rapid electrification and change in the energy mix, however decarbonisation is challenging in several sectors, so we are set to miss the Paris Agreement targets.
Their forecasts predict that the world energy demand will peak in 2034. The share of electricity in the energy mix will more than double, reducing the need for crude oil. Gas will on the other hand take over as the largest energy source, however, a significant increased hydrogen demand comes only towards mid-century.
Offshore wind is expected to become one of the major energy sources in the future and high growth is expected both in bottom fixed- and flowing wind in the decades to come. The Energy Transition Outlook reports that existing technologies can deliver the 1.5°C ambition temperature goal of the Paris agreement, but that much stronger policies are needed to scale uptake on harder-to-abate sectors.
An Important Backdrop
UTF and GCE Ocean Technology are happy to have Sverre Alvik presenting the Energy Transition Outlook 2020, as an important backdrop to UTC Selected Topics. Both organisations have strong focus of broadening the scope from petroleum into marine renewable energy.
Sverre Alvik, DNV GL. ©DNV GL
UTC Selected Topics will focus on a range of underwater technology enabling energy efficiency and lower emissions, as well as technology transfer between industries. We will have presentations about how offshore wind can power subsea boosting, and examples on how subsea technology can be used to improve the operations of the UK rail network and vice versa.
Other key topics are digitalisation, low carbon, field of the future and all-electric. We will have presentation from Equinor, Aker BP, Total, BP, OneSubsea, Subsea 7, Baker Hughes, Aker Solutions, DNV GL and many more.
UTC Selected Topics is organised in collaboration with UTF and is supported by SPE and FFU:
The Underwater Technology Conference (UTC) has a well-known history of presenting highly competent speakers on current and important topics for the subsea industry.
UTC has been arranged in Bergen Norway since 1980 and is hosted by UTF (Underwater Technology foundation) and GCE Ocean Technology.
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