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Energy transition faces global headwinds despite solar and storage boom

2024.10.16

DNV CEO Remi Erikson said in its Energy Transition Outlook 2024 report that global emissions will peak this year. Image: Karsten Wurth via Unsplash

2024 will be a watershed year for the global energy transition, according to Norway-headquartered consultancy DNV.

DNV CEO Remi Erikson said in its Energy Transition Outlook 2024 report that global emissions will peak this year and that the “global energy transition”—where renewable energy begins to replace fossil fuels in absolute terms—has begun.

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