2017 07 04 bp energy outlook 2017

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Base case: Primary energy

…as the world economy continues to electrify • The world economy continues to electrify: nearly two-thirds of the increase in global energy consumption over the Outlook is used for power generation. • As a result, the share of energy used for power generation rises from 42% in 2015 to 47% by 2035. • This rising share partly reflects a shift in consumer preferences towards electricity as a fuel that is clean and convenient at the point of use. • It also reflects a strong catch-up process, with energy consumption per head in developing economies increasing rapidly towards OECD levels as prosperity rises. • It is estimated that over 1 billion people currently do not have access to electricity, mainly in Africa, India and other parts of developing Asia. • Increasing global access to energy is a key driver of energy trends over the Outlook. The potential importance of Africa in driving global energy demand post-2035 is considered on pages 90 to 91.

2017 Energy Outlook

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© BP p.l.c. 2017


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