Looking back at DNV GL’s flagship ETO [Energy Transition Outlook, launched in 2017], what were the standout differences compared to the findings of last year’s report?
There will always be slight variations year-on-year, but overall if you look at the main findings from 2017 most of these can be seen in this year’s [ETO]. We do, however, believe that energy consumption overall will be 6% higher in 2050 than we forecast last year due to rising demand from manufacturing, production of good and services; and we do foresee there being less oil in the global energy mix and more gas by 2022-2023, and playing more of a role in the energy transition.
