BP Energy Outlook 2022 explores three main scenarios for the energy transition: Accelerated, Net Zero, and New Momentum. These scenarios are not predictions, but rather explore the possible implications of different assumptions and technologies. The Outlook does not consider the possibility of new technologies emerging, and the probability of any one scenario materializing exactly as described is low. The scenarios provide a wide range of possible outcomes and can inform judgments about the uncertainty surrounding energy markets. The Outlook is produced to inform BP's strategy and is one of many sources considered when forming the company's long-term strategy. The initial version of the Outlook summarizes key highlights and findings from the updated scenarios, with more detailed material planned for release.
