Monday, May 29 2023 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of May 22
Week of May 15
Week of May 08
Week of May 01
Week of Apr 24
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Global energy future needs to be sustainable

    March 14, 2023 - CE Noticias Financieras


      The global energy transition will depend mainly on the reduction of hydrocarbons and the drive for electrification.

      An analysis by BP Energy Outlook points out that the trend in energy change is based on four axes: the gradual reduction of hydrocarbons, a rapid growth of renewable energies, the electrification of the world, and the development and use of hydrogen for activities that are difficult to electrify.

      The role of hydrocarbons is diminishing as the world transitions to lower-carbon energy sources.

      All the outlooks show that this would be the first time in modern history to see a sustained drop in demand for any fossil fuel, according to BP Energy Outlook.

      Also, the rate at which renewable energy is penetrating the global energy system is faster than any previous fossil fuel.

      Angélica Ruiz, BP's vice president for Latin America, explained that the future of hydrocarbons is to migrate to a more sustainable production, so oil companies will become integral companies in energy solutions.

      "The energy transition in the hydrocarbon sector continues to be a central part in most economies, we think that hydrocarbon production now has to focus on the energy dilemma that is sustainable hydrocarbons, with fewer emissions and accessible," she said in the presentation of the report.


    Other Articles - Utility Business / General


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.