A new report from leading risk and assurance business forecasts that the UK will not meet its legally binding net zero by 2050 target.
The first edition of DNV’s UK Energy Transition Outlook (ETO) 2022 highlights that the nation will miss its net zero ambitions and achieve an 85% reduction from 1990 levels by 2050, with significant emissions from the buildings and transport sector still impeding overall success.
In this report, DNV provides a detailed forecast of the demand and supply of energy towards 2050 and delves into the specific opportunities, challenges, policy, and financing impacting the likelihood of goals being met.
Unlike other reports out there, DNV’s ETO is not based on scenarios and instead is a best forecast based on the current approach.
Get highlights and insights on how the energy transition is developing in the UK by downloading your copy today.