The 2023 Energy Outlook, published in January, uses three scenarios: Accelerated, Net Zero and New Momentum, to discuss the outlook for different fuels and energy sources, such as oil, natural gas, renewables and low-carbon hydrogen.
An additional chapter, How energy is used, published in July, contains further analysis that uses the same three scenarios to discuss the outlook for end-use energy demand – in particular, across the industry, buildings and transport sectors.
This new chapter of Energy Outlook 2023 provides a deep dive into how energy is ultimately used in industry, buildings and transport. The energy transition and the development of a wide range of low-carbon energy sources is likely to greatly increase the range of energy choices available to energy users. The chapter overview considers how the energy used in our everyday lives may change over the next 30 years and highlights some of the main uncertainties and opportunities associated with this changing use of energy.
We discuss the outlook for the main sources of fuel across the three scenarios