Saturday, June 16, 2018

BP’s Global Data for 2017:  Global Primary Energy Consumption Grew Strongly in 2017, Led by Natural Gas and Renewables, with Coal’s Share of the Energy Mix Continuing to Decline

Renewable energy grew by the largest amount ever last year, while coal-fired electricity also reached a record high, according to new global data from oil giant BP.

However, set against continued rapid rises in energy demand fueled by oil and gas, renewables were not enough to prevent global CO2 emissions rising significantly for the first time in four years, the figures show.

This was partly because cyclical economic changes had flattered progress in previous years and, last year, canceled out some of the slow, continuing shift towards a lower-carbon energy, BP says.

Still, the goals of the Paris Agreement look as far away as ever in the wake of these latest figures, given emissions must, ultimately, reach net-zero by mid-century to avoid dangerous warming.

Carbon Brief runs through the 2018 BP Statistical Review of World Energy, which, for the first time, covers all sources of electricity and the key materials needed for electric vehicles.

Another renewables record
Wind, solar and other non-hydro renewable energy sources grew by 69m tonnes of oil equivalent (Mtoe) in 2017.  This was their largest-ever increase, breaking last year’s record of 53Mtoe.  Renewables were also the fastest-growing source of energy last year, up 17%.

Nevertheless, all low-carbon sources together met just a third of the 253Mtoe (2.2%) increase in global energy demand in 2017.  Fossil fuels met the remaining two thirds, with gas (+83Mtoe, 3.0%) the single-largest source of new energy supply last year.

Read more at BP’s Global Data for 2017:  Global Primary Energy Consumption Grew Strongly in 2017, Led by Natural Gas and Renewables, with Coal’s Share of the Energy Mix Continuing to Decline

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