The New Energy Outlook - Looking to 2040

What does the future hold for the power sector? DNV speaks to Justin Wu, Director & Head of Asia Pacific for Bloomberg New Energy Finance, about their long-term economic forecast for the world’s power sector as outlined in their latest ‘New Energy Outlook’ (NEO) Report 2017. As the pace of change in the power generation sector quickens, it is increasingly evident that the developments in renewable energy are driving many of these changes. In this episode, Justin shares the key findings of Bloomberg New Energy Finance’s NEO Report 2017. He gives us an insight into his views on the future growth of renewable power generation; the main drivers for this growth the main reasons behind the significant future increase in the renewables proportion; and the impact of this on investment in the energy sector. Finally, we also discuss the role that coal and gas will play in the future energy mix.