The 2025 Energy Outlook looks at looks at the influences on global energy demand and supply flows, and the prospects for the energy transition out to 2050.
The launch webcast, which has concluded, was 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 discussed the Outlook’s findings and what they could mean for the future of energy.
The Outlook uses two scenarios – Current Trajectory and Below 2° – to explore the speed and shape of the energy transition out to 2050 and to help shape a resilient strategy for bp.
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’s new custodian, the Energy Institute (EI), published the 2024 edition of the Energy Institute Statistical Review of World Energy on 26 June, providing free-to-access data on global energy production, consumption, trade and emissions for 2023.