Nuclear power and hydropower form the backbone of low-carbon electricity generation. Together, they provide three-quarters of global low-carbon generation. Over the past 50 years, the use of nuclear power has reduced carbon dioxide (CO2) emissions by over 60 gigatonnes – nearly two years’ worth of global energy-related emissions.

Energy transition is a part of a much wider Grand Transition, which is not all about energy. Energy transition cannot be achieved all at once or by any one actor. Relying only on better energy modelling and forecasting to guide successful transition will be fatal, even in a data-rich era.

The 2019 edition of BP’s Energy Outlook, explores the key uncertainties that could impact the shape of global energy markets out to 2040.

The renewed upward march of global carbon emissions is worrying and a big step backwards in the fight against climate change, according to BP. Emissions rose 1.6% in 2017 after flatlining for the previous three years, which the British oil firm said was a reminder the world was not on track to hit the goals of the Paris climate deal.

The Energy Outlook considers the energy transition from three different viewpoints (sectors, regions and fuels) and by exploring a number of different scenarios.

The 2017 edition of the BP Statistical Review of World Energy, shows global energy markets continuing to undergo long-term changes as they also adapt to nearer-term price challenges.

Low energy supply, complete with shortages, high costs and poor access, remains major impediments to Africa’s social and economic progress. The African Union’s Agenda 2063 commits to fast-tracking modern, efficient, reliable and cost effective renewable energy for all households, businesses, industries and institutions.