Confidence is growing among industry leaders, who believe 2022 will be a strong year amid an accelerating energy transition but also point to barriers such as skill shortages and lacking government support, DNV said in a new global study.

Senior industry energy players – across power, renewables, and oil & gas – think the huge commercial opportunities presented by the transition outweigh the risks to their businesses, according to the report ‘The Power of Optimism: Managing scale and complexity as the energy transition accelerates’, which analysed the views of more than 1,000 professionals.