This is the second year in which bp has made our outlook for global energy. Bp energy charting tool and app energy economics home. According to bps energy outlook, fossil fuels will continue to provide most of the worlds energy, supplying 81 percent of global supply in 2035. Please submit your email address to receive your password.
The bp energy outlook 2035 is our 2014 projection for the world s energy future. By fuel, energy consumption growth was driven by natural gas, which contributed more than 40% of the increase. Bps enormous oil spill in the gulf of mexico began with an april 20, 2010 explosion at an offshore drilling rig that killed 11 workers. Pdf versions and powerpoint slide packs of the charts, maps. Calculate the mass, in million tonnes, of oxygen gas ultimately found in co 2 which is consumed in generating 18 000 terawatts of electricity using the equation given for the best fit line. 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. Bp educational service energy use and the environment. Bob dudley group chief executive 5 energy outlook 2035. It is one of the worlds seven oil and gas supermajors, whose performance in 2012 made it the worlds sixthlargest oil and gas company, the sixthlargest energy company by market capitalization and the company with the worlds 12thlargest. The bp energy outlook considers a base case, which outlines the most likely path for energy demand based on assumptions about future changes in policy, technology, and the economy. The bp energy outlook 2030 contains our projections of longterm energy trends. Our energy scenarios scramble and blueprints remain a credible vision of what may lie ahead. How can we meet the world s energy needs while minimising the impact on the environment. Renewable energy, excluding hydroelectric power, is expected to almost triple its share by 2035, but still only represent just 8 percent of global supply.
We expect that continued progress, powered by human ingenuity and technology, will help make better lives possible, while appropriately addressing climate risks. How can we meet the worlds energy needs while minimising the impact on the environment. For those having ambitions to control temperature rises by reducing fossil fuel consumption, it gives cold comfort fossil fuel use is still growing at over 150mtoe per annum and will make up more than 80% of global energy for quite a few years yet. In 2018, global primary energy consumption grew rapidly, led by natural gas and. The upstream segment is involved in the oil and natural gas exploration, field development, and production. Additional data for refined oil production demand, natural gas, coal, hydroelectricity, nuclear energy and renewables. Bp energy partners private equity fund focusing on the. Bp disclaims any obligation to update this presentation. Bp plc formerly the british petroleum company plc and bp amoco plc is a multinational oil and gas company headquartered in london, united kingdom. Gross domestic product gdp is expressed in terms of real purchasing power parity ppp at 2010 prices.
The outlook for global energy is not just a matter for energy companies. The energy outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. With the worlds population estimated to reach more than 9 billion people in 2040, providing enough affordable energy to help improve global living standards is a significant challenge. I hope you find the bp energy outlook a useful addition to the global energy discussion. Bp 20disclaimerthis presentation contains forwardlooking statements. Bp world energy outlook booklet 20 linkedin slideshare. This is our view of the most likely outcome for world energy supply and demand to 2030. Bp world energy outlook booklet 20 slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Feb 01, 2017 the bp energy outlook considers a base case, which outlines the most likely path for energy demand based on assumptions about future changes in policy, technology, and the economy. How will natural resource constraints change the way we produce and use energy. Oil change international analysis the shape of bps prediction can be seen in the following graph. Carbon brief explores why bps outlook appears impervious to the worlds first universal, global commitment to cut emissions. The bp energy outlook 2035 is our 2014 projection for the worlds energy future. Booklet, presentation and teachers notes covering the carbon cycle and the chemistry of combustion.
Jan 15, 2014 the bp energy outlook 2035 is our 2014 projection for the world s energy future. The bp energy charting tool allows you to interrogate data, create charts and download reports by specifying your own parameters. This booklet provides an introduction to the energy sustainability challenge a bp funded consortium of university researchers which has looked at the challenges of sustaining the worlds energy systems. Shares of oil and gas royalty trust bp prudhoe bay are down 17% as of 11. In its benchmark annual energy outlook, bp forecast a 100fold growth in electric vehicles by 2040, with its chief economist spencer dale painting a world in which we travel much more but instead of using private cars, we increasingly share trips in autonomous vehicles. Bp energy partners brings operating experience, knowledge, relationships and management expertise, in addition to capital, to partner with entrepreneurs, family run businesses and management teams with the goal of growing investments in the energy space. This years outlook reveals that global energy demand continues to grow but that growth is slowing and will mainly be driven by emerging economies led by china and india. Heres what you should know a new report from bp holds its predictions for the energy world over the next two decades. 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. The annual increase in renewable power generation, which to date has been climbing steeply, immediately flattens out in bps forecast. Shares of bp prudhoe bay royalty trust plunge after. Consumption bcf from 1965 nuclear energy consumption twh from 1965. Yet the 2016 bp energy outlook, published this week, shows the oil companys views on the shape and direction of energy demand over the next 20 years have barely shifted.
Bp energy partners llc is a middle market private equity firm focused on the energy industry. The likely impetus for todays drop was the friday announcement of the trusts dividend payout for the. Bp is inaugurating earth day as a markedly less green company highlighting how certain business realities have run headlong into the once lofty. Jun 26, 20 bp world energy outlook booklet 20 slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. World primary energy consumption is projected to grow by 1.
This energy outlook contains our projections of future energy trends and key uncertainties, based on our views of the evol ution of the world economy, of policy, and technology. Despite this increase in energy demand, around twothirds of the worlds population in 2040 still live in countries where average energy consumption per head is. Our purpose is reimagining energy for people and our planet. Energy outlook 2030 watch bps chief economist christof ruhl interview watch the video 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. We want to help the world reach net zero and improve peoples lives. Bp sees selfdriving electric vehicles crimping oil demand. Pdf versions and powerpoint slide packs of the charts, maps and graphs.