BP Releases Energy Outlook 2024

Our Payne Institute Earth Observation Group provided bp with historical data for natural gas flaring taken from their VIIRS Nightfire (VNF) product.  The Energy Outlook report explores the speed and shape of the energy transition out to 2050 and to help shape a resilient strategy for bp, using two scenarios, Current Trajectory and Net Zero.  The two scenarios are informed by recent trends and developments in the global energy system. In emerging trends, they discuss these recent developments across areas including energy security, energy demand, carbon emissions and investment.  July 17, 2024.