DNV

The company, as part of joint industry projects, has released an updated version of its computational fluid dynamics software that it says will aid in developing technology for the energy transition.

DNV’s carbon capture and storage outlook forecasts a massive shortfall in the projects necessary to help the world reach net-zero emissions by 2050.

Virtual reality and related visualization technologies are helping reshape how the industry views 3D data, makes decisions, and trains personnel.

DNV has certified the feasibility of ADNOC’s West Aquifer carbon dioxide storage site in the UAE, marking a significant milestone in the Middle East’s carbon capture and storage efforts.

Wood Mackenzie analysis projects a full repeal of the Inflation Reduction Act is unlikely, while industry proponents urge permitting overhaul and loosening of burdensome regulations.

DNV’s Energy Transition Outlook 2024 projects continued growth in solar; slower growth in wind; and declines in coal, oil, and gas, while hydrogen and carbon capture projects are struggling.

The firm’s latest report, Leading a Data-Driven Transition, presents the results of its annual survey of nearly 1,300 senior professionals and divides the respondents into two groups, which it calls “digital leaders” and “digital laggards.”

An increased focus on energy security and the effects of progressive policies and gridlock in decarbonization technology are a few of the key takeaways in DNV’s 2023 Energy Transition Outlook.

The company has acquired Dublin-based Enviroguide Consulting in an effort to increase its focus on environmental concerns.

A survey by DNV shows energy professionals prioritizing secure energy, followed by clean and then affordable energy.