Energy economics
bp’s economics team produces the Energy Outlook, which makes projections to 2050 and beyond
bp Energy Outlook 2025 – launch webcast
The global energy system continues to be buffeted by a range of powerful forces, including rapid technological advances, geopolitical change and an increasing focus on energy security. The 2025 Energy Outlook considers how these and other developments are influencing global energy demand and supply flows, and the prospects for the energy transition out to 2050.
Join us for the webcast, which will be presented jointly by Spencer Dale and Gareth Ramsay, who will succeed Spencer as bp’s chief economist following his retirement later this year. Together, they will discuss the Outlook’s findings and what they could mean for the future of energy.
Date: Thursday 25 September 2025
Time: 1-2.30pm BST / 8-9.30am EST
Energy Outlook – 2024 edition
The 2024 bp Energy Outlook considers the major forces influencing global energy demand and supply flows, and the prospects for the energy transition out to 2050.
The Outlook 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 was 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.
