Global energy transition: A forecast to 2050

  • Dao Doan Duy
Keywords: Energy transition, renewable energy, fossil fuel

Abstract

The global energy supply has been dominated by fossil fuel for over a century. In recent years, under the pressure coming from climate change and pollution, energy transition and decarbonisation have inevitably emerged. However, seeking new energy sources that meet the trilemma - affordable and available, green and clean, secure and reliable - is not easy. Thus, fossil fuel is still indispensable and occupying a significant percentage in the energy mix. Geographical features, scientific and technological levels, economic situations, policies and awareness of climate issues are factors determining the energy transition rate of each region.

References

[1] DNV GL, “Energy transition outlook 2019: Executive summary”, 2019.
[2] DNV GL, “Energy transition outlook 2019: Regional forecast: South East Asia”, 2019.
[3] DNV GL, “Technology outlook 2030”, 2019.
[4] DNV GL, “Energy transition outlook 2019: Oil and gas”, 2019.
[5] DNV GL, “Energy transition outlook 2019: A global and regional forecast to 2050”, 2019.
Published
2020-07-20
How to Cite
Dao Doan Duy. (2020). Global energy transition: A forecast to 2050. Petrovietnam Journal, 7, 67 - 77. Retrieved from http://pvj.vn/index.php/TCDK/article/view/329
Section
Articles