Bp Renewable Energy Outlook

Bp to supply microsoft with renewable energy to help meet the company s 2025 renewable energy goals london uk redmond washington 15 september 2020 bp and microsoft corp.

Bp renewable energy outlook.

Bp s 2020 benchmark energy outlook underpins chief executive bernard looney s new strategy to reinvent the 111 year old oil and gas company by shifting renewables and power. Today announced that they have agreed to collaborate as strategic partners to further digital transformation in energy systems and advance the net zero carbon goals of. Yroylqj wudqvlwlrq 7 0ruh hqhuj 0 hvv joredol dwlrq 5dslg wudqvlwlrq 57 5hqhz gur 1xfohdu. The global energy system is likely to undergo a fundamental restructuring in order to decarbonize which will create challenges and opportunities for the industry.

Bp has released its energy outlook 2020 exploring possible developments in global energy to 2050. But the outlook is only one source among many when considering the future of global energy markets and bp considers a wide range of other analysis and information when forming its long term strategy. The 2020 edition of the bp energy outlook explores possible paths for the global energy transition how global energy markets may evolve over the next thirty years and the key uncertainties that may shape them. Looking out to 2050 a decade further than in previous editions the outlook is focused around three main scenarios.

Three main scenarios rapid net zero and business as usual provide a range of. The energy outlook explores the forces shaping the global energy transition out to 2050 and the key uncertainties surrounding that transition. The energy outlook is produced to inform bp s analysis and strategy and is published as a contribution to the wider debate. The company s 2020 energy outlook launched today looks ahead to 2050 when bp aims to be carbon zero.