Full Title: Energy Transition Outlook: UK 2025
Author(s): DNV
Publisher(s): DNV
Publication Date: April 3, 2025
Full Text: Download Resource
Description (excerpt):
As we enter 2025, the energy industry stands at a pivotal moment in its history. Despite global economic headwinds and geopolitical uncertainties, we’ve witnessed unprecedented momentum in clean energy deployment and DNV forecasts that the world will hit peak emissions this year.
The UK’s energy landscape is transforming rapidly, with record-breaking renewable energy generation and falling costs of clean technologies setting new benchmarks for what is possible. The past year has demonstrated the UK’s potential on this transition journey. We’ve seen wind power generation reach historic highs, battery storage capacity expand significantly and Electric Vehicle (EV) adoption showing signs of recovery. However, these achievements, while significant, are merely the initial steps toward our 2050 net-zero goal.