The Future of Energy Sources

Talking about energy implies a reflection on the future of our planet and specifically on questions about the future of the world economy, geopolitics and the environment

The Norwegian company DNV GL, one of the leading providers of quality management and public risk management, predicts the future of the so-called “green energy” in the Energy Transition Outlook report.

How will our planet appear in 2050? What will be the energy resources of the future?

By 2050, the 139 countries of the world will choose distinct sources of energy and the transition to a cleaner world will be increasingly real.

Global oil demand will reach its peak in 2022, but according to the forecast from that point on, gas will be the first source of energy, followed by renewable sources that would cover almost half of world energy production.

As for renewable energy sources, gas will reach its peak in 2035 and in renewable sources the wind will represent, within 33 years, 14% of global supply, a point above the photovoltaic.

The World Energy Congress added that in the last 10 years solar wind and energy have recorded an annual growth rate of 23% and 50%.

Regarding photovoltaic systems, according to the opinion of James Prendergast, Executive Director of the Institute of Electrical and Electronic Engineers (IEEE), it will be essential to quickly improve the efficiency of solar cells and create economies of scale to make solar photovoltaic systems the most economical form of electricity within the next 10 years.

What is the economic impact of this transition?

This change of perspective would save 20 billion dollars, reduce the number of deaths caused by air pollution and create 24 million new jobs.

This transition to a better future, a greener future will be made possible by the electrification of the world energy system.

“The profound change shown in our report has significant implications for both historic companies and new energy companies. Ultimately, it will be the desire for innovation and the ability to move quickly to determine who is able to remain competitive in this new energy landscape, “says DNV GL president Remi Eriksen.

What are the predictions of the future up to 2050?

We must be realistic. If it is true that the use of renewable energy is expected to grow by 13% (2009-2035), it is also true that on the other side the predictions state that there will also be an equally important growth in coal and natural gas, with the latter in pole position.

In this general framework, a research group at Stanford believes that we could energize the planet entirely with renewable energy by 2050 if we impose that all new energy production plants use renewable energy by 2030 and convert existing plants by 2050. This is a reality we should aspire to.

Trace Software International has always compromised itself to anticipate the trends of the future. The archelios™ suite software solution – the solution to fully manage a photovoltaic project – was designed by the company’s engineers to change the global energy landscape.