OPEC – Bulletin, Jan-Feb 2025
Summary
The main theme of the document is related to the analysis of historical and current trends in the consumption of various energy sources, as well as the discussion of future energy transitions.
Key findings include that the history of energy shows that different energy sources complement each other rather than replace. Despite significant investments in renewable energy and electric vehicles, their share in the global energy balance remains small. Global energy demand is expected to grow in the future, considering the projected economic and population growth. It is unrealistic to completely abandon investments in oil and gas in the near future.
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