Around the world, there is a lively and important conversation taking place on the choices that face us all as consumers, producers, investors and policymakers. This year, supermajor bp released its projections for longterm energy trends in the 83 page report the bp energy outlook 2030. The world energy outlook series is a leading source of strategic insight on the future of energy and energy related emissions, providing detailed scenarios that map out the consequences of different energy policy and investment choices. Bp energy outlook 2016 edition outlook to 2035 spencer dale, group chief economist. Welcome to the 20 edition of bp s energy outlook 2030. David pumphrey, codirector and senior fellow in the csis energy and national security program, moderated. Eia, annual energy outlook 20 early release and short term energy outlook, february 20. Welcome to the 20 edition of bps energy outlook 2030. Biofuels are improving americas energy security and helping to lower prices at the pump. In 20, british petroleum bp published an energy outlook 2030 report14, in which it predicts the world will require almost double its current energy supply by 2030 to sustain its economic and population growth.
A historical perspective on the next 20 years january 2012 pdf, 220kb the oil market to 2030. A perspective to 2040 the outlook for energy is exxonmobil s view of energy demand and supply through 2040. The bp energy outlook evaluates different aspects of the energy transition and highlights key issues and uncertainties of the transition. In all the scenarios considered, world gdp more than doubles by 2040, driven by increasing prosperity in fastgrowing developing economies. Published every year based on objective data and dispassionate analysis, the world energy outlook weo provides critical analysis and insights on trends in energy demand and supply, and what they mean for energy security, environmental protection and economic development the first weo was published in 1977 and it has been an annual publication since 1998. According to the new bp energy outlook report, despite the dramatic recent weakening in global energy markets, ongoing economic expansion in asia particularly in china and india will drive continued growth in the worlds demand for energy over the next 20 years. Economics at bp, to present and discuss key issues from the bp energy outlook 2030. According to bps energy outlook, fossil fuels will continue to provide most of the worlds energy, supplying 81 percent of global supply in 2035.
Bp energy outlook oxford energy oxford energy network. Download bp energy outlook 2030 info graphics pdf, 619kb background papers economic development and the demand for energy. Substitute forecasts for the word statistics, and youll have a good understanding of the public reaction to the recently released bp energy outlook 2030 the psychoanalytic definition of wish fulfillment is the. The shale revolution the extraction of gas and oil from previously inaccessible reservoirs has been declared an energy game changer. It is not a statement about the way the world is so much as about the way bp wishes it to be over the next 20 years. I am glad to see this decision w as endorsed by the response we received to last years edition, which was downloaded over 36,000 times from bps website. World energy outlook 2017 excerpt outlook for natural gas. This is bp energy outlook 2030 the worlds energy future 20 report by kathy oneill on vimeo, the home for high quality videos and the people. Replace the whole barrel cellulosic ethanol can displace only the 42% of a barrel of crude oil that is used to produce lightduty gasoline. An exercise in wish fulfillment like dreams, statistics are a form of wish fulfillment, french philosopher jean baudrillard once said.
Naturally, that includes bp continuing as one of the worlds largest and most influential corporations. Jan 23, 20 the bp energy outlook 2030 shares our 20 projections for the worlds energy future. Preliminary international energy outlook 20, bp energy outlook 2030. We use the outlook to help inform our longterm business strategies and investment plans. Gross domestic product gdp is expressed in terms of real purchasing power parity ppp at 2011 prices. As it turns out, the bp energy outlook 2030 is not a statistical or scientific document, but rather a political one. Changes in 2030 levels versus the january 20 outlook. Energy outlook 2030 5 bp 2011 industry and power generation dominate energy growth billion toe growth of world energy consumption 201030 billion toe by sector and region by sector and fuel0. Iea 2017 world energy outlook to 2040 current policies cp new policies np sustainable development sd ieej 2017 outlook to 2050 advanced technology at reference bp 2018 energy outlook to 2040 evolving transition et cepsa 2017 energy outlook 2030 reference exxon 2018 outlook for energy. Bp energy outlook 2030 20 the csis energy and national security program hosted mark finley, general manager of global energy markets and u. It is not a statement about the way the world is so much as about the way bp wishes. Domesticallyproduced costeffective biofuel will be. World energy demand is expected to increase from 11.
Bp 20contentsintroductionglobal energy trendsoutlook 2030. Oil is expected to be the slowestgrowing fuel over the next 20 years. Fossil fuels continue to provide most of the worlds energy. Bp energy outlook 2016 edition outlook to 2035 ray dempsey, jr. The us tight oil revolution in a global perspective. Global energy consumption by fuel renewables hydroelectricity nuclear coal natural gas oil 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000 2012 2015 2020 2025 2030 2035 outlook for oilfield services cautious optimism 3. The outlook also examines the challenges of the energy transition underway, including how to meet the worlds increasing demand for energy while also reducing carbon emissions. Bp energy outlook 2030 20 center for strategic and. The bp energy outlook 2030 is not a statistical or scientific document, cobb writes, but rather a political one. Bp energy outlook 2030 the worlds energy future 20.
Renewable energy, excluding hydroelectric power, is expected to almost triple its share by 2035, but still only represent just 8 percent of global supply. Bp energy outlook 2030 energy information administration. Natural gas use in transport is confined to 2% of global gas demand in 2030, despite growing four times from todays level. Global gdp and energy 2016 energy outlook world gdp and energy demand energy intensity by region. This is the booklet that accompanies bps energy outlook 2030 presentation. This, however, is rapidly changing and the energy landscape in. Bps annual energy outlook contains our projections of future energy trends and factors that could affect them, based on our views of likely economic and population growth and developments in policy and technology. Disclaimerthis presentation contains forwardlooking statements, particularly those regarding globaleconomic growth, population growth, energy consumption, policy support for renewableenergies and sources of energy supply. The energy outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. Welcome to the 2012 edition of bps energy outlook 2030.
I hope you find the bp energy outlook a useful addition to the global energy discussion. Barrel of crude oil by percentage gasoline jet fuel diesel other. Kementerian esdm ri publikasi indonesia energy outlook. Eia, short term energy outlook, july 2014 monthly production delta versus jan. The bp energy outlook 2030 shares our 20 projections for the worlds energy future. Global supply growth and tight oil 10 10% liquids supply by type 105 45% mbd tight oil output % of total mbd 8 8% china russia s. Billion toe 1 gas oil coal 1990 2010 2030 net impotters net expotters. This is the second year in which bp has made our outlook for global energy available to the public.
At this event, bps mark finley discussed some of the key issues that will shape energy supply and demand through 2035 and explored possible alternative outcomes. By 2030, the world economy will nearly double, but can this growth be s. Eia, international energy outlook 2017 6 32% 31% 15% 15% 12% 3% 10% %400 3% 14% 25%. It shows how rising prosperity drives an increase in global energy demand and how that demand will be met over the coming decades through a diverse range of supplies including oil, gas, coal and renewables. Stronger policy action on climate change co 2emissions from energy use sources of carbon abatement versus base case, 2030 iraq 20 25 30 35 40 2000 2010 2020 2030 base case policy case iea 450 scenario billion tonnes co 2 a backcast which illustrates what is required to stabilise greenhouse. Maybe this is more wishful thinking as renewable energies.
The evolving energy landscape in india opportunities for. Department of energy, energy information administrations eia 20 annual energy outlook aeo20, and the eia state energy data system. Energy outlook 2030 bcfd 100 80 60 40 20 2030 1 990 2010 2030 2012. This presentation contains forwardlooking statements, particularly those regarding global economic growth, population growth, energy consumption, policy. The outlook highlights the growing role of developing economies in global energy consumption, and. Bp energy outlook 2030 international association for energy. By 2030, bp projects that 99% of americas energy will be supplied domestically. Feb 27, 20 the bp energy outlook 2030 shares our 20 projections for the worlds energy future. The bp energy outlook, an annual report released at the start of each year, contains our projections of longterm energy trends from a global and us perspective. Executive summary india, home to 18% of the worlds population, uses only 6% of the worlds primary energy.
Stronger policy action on climate change co 2emissions from energy use sources of carbon abatement versus base case, 2030 iraq 20 25 30 35 40 2000 2010 2020 2030 base case policy case iea 450 scenario billion tonnes co 2 a backcast which illustrates what is required to stabilise. Bp energy outlook 2030 20 tuesday, february 5, 20 3. Overall worldwide energy demand will grow 40% over the next two decades, with virtually all growth coming from developing nations. Energy imbalances improve in the americas bp china india other asia pacific 2012 n. Primary energy consumption increases by 37% between 20 and 2035, with growth averaging 1. Global demand for energy is expected to rise by 32% from 2015 to 2035, or by an average of 1. Bp energy outlook 2030 presentation watch our energy outlook 2030 presentation watch the video energy outlook 2030 booklet providing analysis of long term energy trends energy outlook 2030 booklet pdf, 1800kb energy outlook 2030 summary tables xls, 65kb energy outlook 2030 booklet chinese language pdf, 2550kb related links read the. By 2030, the world economy will nearly double, but can this growth be sustained. Pdf on jan 1, 2012, christof ruhl and others published bp energy outlook 2030.
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