Introducing our 2024 UK Net Zero Events Partner - DNV

Energy Industries Council are delighted to welcome DNV as our 2024 UK Partner. Throughout the year we will be addressing the UK’s Energy Transition alongside DNV. Based on DNV’s recently published Energy Transition Outlook (UK ETO) we will be hosting a number of events to address key targets, government policy, the skills gap, renewable energy, next steps and more.

Key takeaways from the report:
DNV released its 2024 UK Energy Transition Outlook (ETO) report, highlighting the urgent need for the UK Government to prioritize long-term policy clarity and consistency to drive the transition away from fossil fuels. The report warns that without immediate action, the UK risks missing its 2030 climate targets and legally binding mid- century decarbonisation goals. Despite progress in scaling renewables, the UK remains heavily reliant on fossil fuels, necessitating accelerated efforts towards decarbonization through initiatives such as carbon capture and hydrogen utilization. However, DNV emphasizes that the transition is financially feasible, with domestic consumers poised to benefit from reduced household energy bills as renewables become more prominent. The report underscores the importance of comprehensive policy support, private capital investment, and societal engagement to ensure a successful energy transition.

About DNV:

DNV provides assurance to the entire energy value chain through its advisory, monitoring, verification, and certification services. As the world's leading resource of independent energy experts and technical advisors, the assurance provider helps industries and governments to navigate the many complex, interrelated transitions taking place globally and regionally, in the energy industry. DNV is committed to realizing the goals of the Paris Agreement, and supports customers to transition faster to a deeply decarbonised energy system.

Skills Breakfast - Are we in crisis mode?

The energy sector is facing significant challenges in terms of skills availability and workforce development, leading to what some describe as a skills crisis .. but why?

Join us ... as we address the challenges head-on to ensure that the energy sector can build a skilled workforce capable of driving innovation and sustainability in the years to come - from investing in education and training programs tailored to the needs of the industry; promoting diversity and inclusion to attract a broader talent pool; fostering partnerships between industry stakeholders and educational institutions; implementing strategies for knowledge transfer and retention within organisations.

Energy Transition Outlook Roadshow Events

Earlier this year, DNV released 2024 UK ETO report, which highlights the urgent requirement for the UK Government to prioritise long-term policy clarity and consistency to drive the transition away from fossil fuels. Despite the UK’s early ambition and action to champion the energy transition, the report highlights a slowdown in progress and warns that without immediate action, the UK risks missing its 2030 climate targets and legally binding mid-century decarbonisation goals.

Last year we saw the devastating effects of severe weather events, whilst also witnessing spikes in global temperatures and carbon emissions. Despite these pressing environmental concerns, public attention seemed to remain fixated on geopolitical tensions, conflicts and immediate economic issues.

DNV’s UK ETO underscores that the nation is at risk of falling short of its 'net zero by 2050' objective unless there is a substantial increase in governmental support for a low-carbon future. Given that oil and gas presently constitute around 80% of the energy mix, a significant escalation in renewable power generation and grid capacity is crucial. Inspired by this, we are delighted to be bringing this business forum to address key targets, government policy, the skills gap, renewable energy, next steps and more.

Broadley Speaking ... EIC in conversation with DNV

Join Stuart Broadley, CEO of EIC, and DNV for this webinar as they discuss the UK’s Energy Transition progress, success stories, challenges and failings over the course of 2024. .. what should be the next steps?