Changing energy world

BP Energy Outlook sees steady transition to low-carbon energy over 30 years

Alan Bailey

for Petroleum News

In its recently published Energy Outlook 2023 publication, BP expects a continuing transition to the increased use of low carbon energy sources over the next 30 years. The report anticipates the world moving into an energy system dominated by renewable energy, hydrogen-based fuels and biofuels. BP C....

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Three scenarios

Less fossil fuel, more renewable energy

Increasing electrification

Low carbon hydrogen