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Liv A. Hovem

Liv A. Hovem latest

Gas will increasingly complement variable renewables, meeting demand in peak periods such as winter in colder climates.
September 12th, 2019 - 12:30 GMT

Global Upstream Gas Capital Expenditure to Reach $737 Billion in 2025

Gas and variable renewables will be the only energy sources for which demand is higher in 2050 than today, according to a new forecast of the energy transition by DNV GL. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-0…","video_id":"0cf6b6cf-cbf9-4392-9dff-c7b7419d3496","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Why did the US and China start a war over 5G?"} However, they must work together alongside greater uptake of carbon capture and storage (CCS) to secure a rapid energy transition, it said. Significant investment will be required to ...
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