Transcription of Energy Outlook 2020 - BP
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Energy Outlook 2020 - BP
Energy Outlook2020 edition3 | bp Energy Outlook : 2020 edition2 |The Energy Outlook explores the forces shaping the global Energy transition out to 2050 and the key uncertainties surrounding that transitionThe Energy Outlook considers a number of different scenarios. These scenarios are not predictions of what is likely to happen or what bp would like to happen. Rather they explore the possible implications of different judgements and assumptions concerning the nature of the Energy transition. The scenarios are based on existing and developing technologies which are known about today and do not consider the possibility of entirely new or unknown technologies emerging. Much of the analysis in the Outlook is focussed around three scenarios: Rapid, Net Zero and Business-as-usual. The multitude of uncertainties means that the probability of any one of these scenarios materializing exactly as described is negligible.
The Energy Outlook is produced to inform bp’s analysis and strategy and is published as a contribution to the wider debate. But the Outlook ... levels of integration and competition. These changes underpin core beliefs about how the global energy system may …
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