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Shocks to the system

Release date:
8 July 2021
COVID-19 has brought an unprecedented humanitarian crisis and, at the same time, has had a massive impact on the global economy. With energy demand so closely linked to human activity, this sector has been one of the hardest hit by the effects of the pandemic. As bp launches its 70th Statistical Review of World Energy, we take a look at five of the biggest shocks to the energy system over the past seven decades

Energy shocks over the past 70 years: click for full screen

Read this year’s review

2020 was one of the most tumultuous years for global energy in modern history. What actually ‎happened? How surprising was it? What did we learn about the functioning of the energy ‎system? And what messages does it contain for the energy transition and the path to net zero?‎ Find out in the full report

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