DNV: Global CO2 emissions related to energy will peak in this year.
A report from consultancy DNV on Wednesday suggested that global carbon dioxide (CO2) emission levels will peak in this year, due to the falling cost of solar and batteries. This is encouraging less oil and coal-fired energy use. Experts and climate scientists said that global C02 emissions reached a record high in 2018. This…
Hydrogen at Risk of Being Missed Opportunity, According to DNV Report
Hydrogen has a crucial role in decarbonizing the world’s energy system, but uptake will be too slow. Governments need to make urgent, significant policy interventions, according to a new report by DNV.In Hydrogen Forecast to 2050, DNV predicts the amount of hydrogen in the energy mix will be only 0.5% in 2030 and 5% in 2050.
2/3 of Electricity by Solar PV, Wind by 2050
Share of electricity in the final demand energy mix will more than double from today’s level to 40% in 2050, with two thirds of that electricity provided by solar PV and wind, said DNV GL.Electrification will transform how energy is produced and consumed. By midcentury, 40% of final energy demand will be met by electricity (up from 19% in 2017)…
DNV GL sees oil demand peaking in 2023
Global oil demand will peak in 2023 as electric vehicles (EVs) become competitive with cars fuelled by petrol and diesel, and after 2040 no new oil developments will likely be needed, quality assurance and risk management firm DNV GL said on Monday.The forecast from the Norway-headquartered firm, which offers certification and consultancy services to around 100…
Challenges in Decarbonizing Shipping Industry
DNV GL - Maritime has released its second Maritime Forecast to 2050, part of a suite of Energy Transition Outlook (ETO) reports launched today in London. The Forecast provides an independent forecast of the maritime energy future and examines how the energy transition will affect the shipping industry.“The energy transition is undeniable,” says Remi Eriksen, Group President and CEO of DNV GL.
Hovem Named CEO of DNV GL Oil & Gas
Liv Hovem will step in as CEO of DNV GL’s Oil & Gas business area from January 1, 2018. She will be based at the DNV GL – Oil & Gas headquarters in Høvik, Norway as a member of the DNV GL Group's Executive Committee reporting to Group President and CEO Remi Eriksen. Hovem succeeds Elisabeth Tørstad, who has been appointed CEO of DNV GL’s new Digital Solutions business area.
DNV GL & “The Future of Spaceship Earth”
At a presentation this morning at the United Nations in New York, Remi Eriksen, CEO, DNV GL led a presentation on “The Future of Spaceship Earth,” a global forecast on the outlook for the world to 2050. The skinny: The world needs to move further, faster on multiple fronts to ensure the sustainable future of the planet. Calling…
Wind-powered Oil Recovery Project Green-lighted
The DNV GL-led WIN WIN Joint Industry Project (JIP), which melds offshore wind with offshore oil and gas, shows that for suitable fields,finds that wind-powered water injection is technically feasible, capable of meeting performance targets and offers a cost-competitive alternative to conventional water injection solutions.
DNV GL Appoints Engel as Energy CEO
DNV GL has appointed Ditlev Engel as the new CEO of its Energy business area. Starting April 4, Engel will succeed acting CEO Elisabeth Harstad and report to the Group President & CEO Remi Eriksen. Engel will join DNV GL as CEO of the group’s Energy business area, which provides testing, certification and technical advisory services to the energy value chain including renewables…
DNV GL Acquires Gothia Power
Gothia Power, a leading Swedish power system analysis company, has been acquired by DNV GL. “This company's expertise and services are a perfect match for DNV GL’s existing portfolio in the renewable power, transmission and distribution industries. I am therefore announce this acquisition, which establishes DNV GL’s technical…
Joint Effort Targets Green Coastal Shipping
Minister of Trade and Industry Monica Mæland and State Secretary for Climate and Environment Lars Andreas Lunde signed a declaration of cooperation with key players in the Norwegian coastal shipping industry today. This declaration aims to ensure that Norway has the world's most environmentally friendly fleet of coastal vessels.
DNV GL Opens Laboratory in Singapore
DNV GL opened a new laboratory in Singapore which it said aims to deliver innovative and integrated solutions for the marine and offshore industries. The laboratory was officially opened on March 1, 2014 by Norway’s Foreign Minister H.E. Borge Brende and DNV GL Group Executive Vice President Remi Eriksen. Driven by recent deepwater-technology developments…
Shale Gas Risk Management: DNV Launches Recommended Practice
DNV has launched a recommended practice (RP) for the entire life cycle of shale gas extraction, based on risk management principles, industry best practices and standards. The objective is for the RP to form the foundation for future development of a globally recognized standard for safe and sustainable shale gas extraction.