Monday, 7 February 2011

BP predicts renewables to out-grow oil

BP's Energy Outlook 2030 report predicts that up to 2030 oil will grow slowly at 0.6% a year, compared with natural gas at 2.1% a year. Coal will increase 1.2% a year and by 2030 it is likely to provide as much energy as oil (excluding biofuels). But wind, solar, biofuels and other renewables will continue to grow strongly, increasing their share in primary energy from less than 2% now to more than 6% by 2030.
BP

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