Focus on the energy transition has intensified in recent years. How has this increase in global ambition shifted the pace of change in the energy system? And what impact will this have on the fuel mix and emissions?
The bp Energy Outlook outlines bp’s views on future global energy markets based on different scenarios through to 2050.
bp’s Statistical Review of World Energy 2021 reveals that the COVID-19 pandemic had a dramatic impact on energy markets, with both primary energy and carbon emissions falling at their fastest rates since the Second World War.
Nevertheless, renewable energy continued to grow, with solar power recording its largest ever increase.