DNV GL has released a new report revealing the top three technologies likely to accelerate the energy transition this decade.
The technologies with the potential to significantly cut carbon emissions in industries such as energy, transport, and heating by 2030 include:
- New battery storage chemistries: Solid-state batteries to take the lead, driven by the demand to decarbonise the transport sector.
- High-temperature heat pumps: Next-generation heat pumps to reach temperatures of 200°C degrees, which can support industrial heat demand.
- Green hydrogen: Green hydrogen can compete against blue hydrogen by 2030, creating new applications for decarbonising the heat and transport sectors.
Lucy Craig, Vice President of Technology and Innovation at DNV GL – Energy, said: “In its first phase, the energy transition was focused on decarbonising the power sector, which was effectively done by creating market incentives to promote the uptake of solar and wind energy. Twenty years later, these forms of green power generation are not only safe and reliable but have also become cost-competitive.
“The second phase of the energy transition is shifting towards CO2 intensive industries which are much harder to decarbonise, such as the transport and heating sectors. Therefore, we require equally decisive and binding policy actions to get emerging technologies such as green hydrogen, high-temperature heat pumps and new types of battery storage chemistries off the ground and build momentum for a similar success to that of core decarbonization technologies.”
However, the driver for the second phase of the energy transition will also be the global need to limit carbon emissions, leading to more than doubling the share of electricity powered by wind and solar energy in the final energy demand mix, compared to today’s level.
Click here for more information about the report.