Gas and variable renewables will be the only energy sources for which demand is higher in 2050 than today, but they must work together alongside greater uptake of carbon capture and storage (CCS) to secure a rapid energy transition.
That’s according to the DNV GL’s 2019 Energy Transition Outlook, an independent forecast of the world energy mix in the lead-up to 2050, that predicts that gas will account for nearly 30% of the global energy supply, providing the world with a base of secure and affordable energy, and with manufacturing feedstock by 2050.
The Energy Transition Outlook highlights that CCS will not be deployed at scale until the 2040s unless the government develop and enact more definitive polices on its use, according to the Energy Transition Outlook.
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