How will the transition from fossil to renewable energy develop over the next 25 years? Get the highlights by downloading the Executive Summary or the full picture from the main ETO report, including:
- 2024 is likely the year of peak energy emissions, but the slow decline of post-peak emissions keeps key climate goals out of reach
- Slow developments in hard-to electrify sectors contrast with rapid cost reduction and growth of PV and batteries
- Highly competitive Chinese clean technology is speeding up the transition
- National and economic security priorities dominate the international agenda and slow the transition
- Market forces are necessary but insufficient; energy policy needs urgent alignment with climate goals
DNV's Energy Transition Outlook 2024
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