Skip to content

BP Energy Review 2016

June 9, 2016
tags: ,

By Paul Homewood 

 

image

http://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html

 

A first look at the newly published BP Energy Review of World Energy 2016, which looks at data for 2015.

 

  • The real highlight is the sluggish growth in energy consumption, which has only increased by 0.9% year on year. This is not surprising given the slowdown in the Chinese economy.
  • Primary energy consumption has risen by 127 Mtoe, of which fossil fuels and renewables (excl hydro) have contributed 61 and 48 Mtoe respectively.
  • Coal consumption has fallen slightly by 72 Mtoe (2%), offset by increases of 80 (2%) and 54 Mtoe (2%) for oil and gas respectively.
  • The share of renewables (excl hydro) in the total energy mix has increased barely increased, from 2.4% to 2.8%.
  • As a result of this and the slight fall in the share of coal, emissions of CO2 have risen by only 0.1%, slightly less than the rate of energy consumption.

 

 

Fossil fuels still account for the vast majority of the energy mix. Despite all the hype, renewables (excl hydro) still barely contribute at all.

 

image

 

In geographical terms, China account for 23%, unchanged from last year. The biggest change is India, where energy consumption has risen by 5%. Fossil fuels, mainly oil and gas, account for 97% of this increase.

 

image

 

Emissions of CO2 follow a similar pattern.

 

image

 

In addition to the US, other countries that have made significant reductions include Russia, where economic sanctions have badly hit the economy, and Brazil, whose economy has suffered from the collapse in oil prices.

In contrast, there have been been sizeable increases in India, Indonesia, Vietnam, and across the Middle East.

 

image

 

 

Unsurprisingly, the EU lead the way in the deployment of renewable energy.

 

image

 

 

Finally, we can take a look at how energy trends have developed over the last decade.

While fossil fuels have consistently met the world’s demand for ever greater supplies of energy, other sources have failed to make any appreciable difference.

It is worth noting that since 2005, hydro has added more than wind and solar put together, 232 Mtoe compared to 223 Mtoe.

 

image

 

The full BP Energy Review is here.

http://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html

 

More analysis later.

6 Comments leave one →
  1. 1saveenergy permalink
    June 9, 2016 6:07 pm

    The magic 97% again !!

    ” Despite all the hype, renewables (excl hydro) still barely contribute at all.” (3% )
    Therefore “Fossil fuels still account for the vast majority of the energy mix” = 97%
    &
    “Fossil fuels, mainly oil and gas, account for 97% of this increase.”

    • mikemUK permalink
      June 9, 2016 7:12 pm

      UK wind contribution doing its bit for us this evening as at 8pm:

      Total load – 34.25GW

      Wind – 0.14GW (0.41%)

      Every little helps, as they say!

      • It doesn't add up... permalink
        June 9, 2016 8:12 pm

        Lots of hot air from Amber Rudd and Andrea Leadsom though…

  2. It doesn't add up... permalink
    June 9, 2016 7:03 pm

    You have now condemned me to many happy hours of checking the new data against the old – though as Spencer Dale remains in charge, perhaps there won’t be quite the same level of historic revisions this time.

    • June 9, 2016 7:33 pm

      I did not bother to save last year’s. Fortunately I have got it on Wayback!

      Check out China’s CO2!

      • It doesn't add up... permalink
        June 10, 2016 12:51 am

        Lots of major historic revisions again this year to CO2 numbers (and doubtless elsewhere) – almost all downwards – including to China, USA, Korea, Japan, Russia, EU, USA all down over 100 million tonnes (China down 525) – globally 2Gtonne taken off each of the past few years, and cumulatively since 1965, 55.5 Gtonnes taken off.

        You’d have thought countries were busy revising their statistics because of a climate treaty – or climate scientists were trying to pretend that ECS is higher than we though because emissions were lower.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: