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bp’s economics team produces the Energy Outlook, which makes projections to 2050 and beyond

bp Energy Outlook 2024 – webcast

At this year’s Energy Outlook launch – held on 10 July – Spencer Dale, bp’s chief economist, discussed the Outlook’s findings and what they could mean for the future of energy.

Energy Outlook 2024 identifier

Energy Outlook

This year’s Energy Outlook considers the major forces influencing global energy demand and supply flows, and the prospects for the energy transition out to 2050.


bp’s Energy Outlook 2024 uses two scenarios – Current Trajectory and Net Zero – to explore the speed and shape of the energy transition out to 2050 and to help shape a resilient strategy for bp.

Statistical Review of World Energy

From 1952 until 2022, bp’s economics team also informed the energy economics community through its Statistical Review of World Energy, which provided historic data on world energy markets.


The Statistical Review of World Energy has a new custodian: the Energy Institute (EI), the chartered professional membership body for people who work in energy. (For more detail, read the press release.)


The 2024 edition of the Energy Institute Statistical Review of World Energy will be published on 20 June, providing free-to-access data on global energy production, consumption, trade and emissions for 2023.


Any enquiries about the Statistical Review should be directed to the Energy Institute: statisticalreview@energyinst.org.

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