DNV Talks Energy

With the increasing importance of renewable energy, grids must deal with the variability and intermittency of renewables generation. DNV talks to Paul Gardner, Segment Director - Storage at DNV, on the ongoing developments ensuring that storage solutions can support the growing energy demand. Our Energy Transition Outlook 2017 report concluded that the electricity demand will rise by 140% by 2050, and of this, 72% will be generated by renewables. However, with this transition comes challenges on output consistency. In this insightful interview, Paul gives an overview of the current solutions that will support and optimize renewable energy in the future, with a focus on storage. He explains the different options available; their most appropriate usage; and considers why some available storage technologies may no longer remain efficient in the future. Finally, as cost is often at the forefront of power generation discussions, Paul addresses what can be done to lower the cost of storage in the future . *This episode was recorded live at the Singapore International Energy Week 2017.

Decarbonization of our energy system is imperative to combat climate change, but also to protect our oceans. DNV talks to Jose Maria Figueres, former President of Costa Rica, and Co-Chair of the Global Ocean Commission, and Christiana Figueres, former Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), about the progress being made in achieving the target of a maximum temperature increase of 2 degrees, and what it will mean for our future if we fail. Decarbonization and the protection of our oceans are two sides of the same coin. In this vibrant and fascinating episode, Christiana and Jose Maria’s message to us couldn’t be clearer. We can only reach our goal by addressing these issues in tandem, and often the role of the ocean in preserving the planet’s ecosystem is taken for granted. We also discuss DNV's prediction, in the Energy Transition Outlook 2017 of a global temperature increase of 2.5 degrees, and the impact that this will have not only on humanity, but also the global economy. We consider whether some of the damage already done can be reversed, and how current initiatives will help to improve the world economic situation. Finally, they consider the responsibility of fossil rich countries and how future changes are likely to impact on their geopolitical status. *This episode was recorded live at the Singapore International Energy Week 2017.

A cleaner, more electrified world is within our reach by 2050. In this first episode, Ditlev Engel, CEO of DNV’s Energy business area, discusses the findings of our inaugural Energy Transition Outlook 2017, and highlights the developments that will drive the energy transition in the future. Profound changes in the energy sector are upon us, with topics such as electrification and energy efficiency leading the discussions. In this thought-provoking episode, Ditlev discusses the findings of our Energy Transition Outlook 2017, and explains why our independent forecast for the energy system takes a different approach. He also considers the rise of new technologies, and how cost will play a pivotal role in determining which of these will spearhead the facilitation of a cleaner future. Ditlev also discusses the balance between the rising demand for electricity and the overall reduction in demand for energy, and how energy efficiency is contributing to this evolution. *This episode was recorded live at the Singapore International Energy Week 2017.