With the world’s population estimated to reach more than 9 billion people in 2040, providing enough affordable energy to help improve global living standards is a significant challenge. We expect that continued progress, powered by human ingenuity and technology, will help make better lives possible, while appropriately addressing climate risks.
Meeting energy demand safely, reliably and affordably – while also minimizing risks and potential environmental impacts – will require expanded trade and investment. It will require innovation and advanced technology. And it will require practical and robust solutions to meet the wide-ranging needs of individuals, businesses and governments. Understanding the factors that drive the world’s energy needs – and likely solutions to meet those needs – is the mission of the Outlook.
By sharing the Outlook with the public, we hope to broaden that understanding among individuals, businesses and governments. Energy matters to everyone, and we all play a role in shaping its future.