BP’s economics team produces two reports annually. One – the Energy Outlook – is forward-looking and the other – The Statistical Review of World Energy – analyses data from the previous year. While the Energy Outlook was first published in January 2011, the Statistical Review has been informing the energy economics community since 1965.
The Energy Outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. It shows how rising prosperity drives an increase in global energy demand and how that demand will be met over the coming decades through a diverse range of supplies including oil, gas, coal and renewables
The Statistical Review shows that 2017 saw record growth in solar capacity, ‘OPEC plus’ production cuts and a surge in Chinese gas demand.
Find out what impact these developments had on global energy markets and what the implications may be for the future transition of energy.