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DNV

Renewables/Energy Transition

New DNV research highlights 10 energy systems technologies that must work together to meet global decarbonization targets

DNV, the independent assurance and risk management provider, has highlighted how 10 key energy transition technologies are expected to develop, compete, and interact over the next five years if global economies are to meet emissions reduction targets. DNV’s aim is to make an objective and realistic assessment of the status of these technologies and evaluate how they can contribute to the energy transition ahead.

Opinion

Opinion: Rising to the challenge of the ‘new normal’

As an industry we are realising that the oil price may continue to drop to a level previously thought unthinkable, $20 to $40 per barrel. Regardless of whether or not these prices are seen in 2016, we do have to accept that a sustained low price is here to stay for a lot longer than we thought last summer. This is our ‘new normal’, where oil price determines the cash flow of the industry. Low oil price plus high cost equals a lot less cash, and a lot more pressure from the shareholders.