Friday, January 21, 2011

BP: Renewable Energy to Outpace Growth of Oil

From the Oil Drum Drumbeat.  Given how many variables are involved, predicting the future of energy with accuracy is difficult. But BP's annual Energy Outlook, which came out today, is a closely watched indicator for the state of the energy industry.
The BP Energy Outlook 2030 (click for PDF) forecasts energy sources will diversify more in the future, with a bigger role for renewable, nuclear, and hydropower. Demand will continue to grow around the world, with developing countries consuming a larger share of energy.

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