The BP Energy Outlook explores the forces shaping the global energy transition out to 2050 and the key uncertainties surrounding that transition. The global energy system is likely to undergo a fundamental restructuring in order to decarbonize, which will create challenges and opportunities for the industry. Three main scenarios – Rapid, Net Zero, and Business-as-usual – provide a range of possible outcomes to understand the range of uncertainties ahead.

Jorge Blazquez is a senior economist specialized in energy transitions. Currently, he works as senior advisor for the energy transition and system analysis at BP. Previously, his professional career developed in both the private and public sectors. He worked as senior researcher at King Abdullah Petroleum Studies and Research Centre in Saudi Arabia. He also worked as economic advisor to the Cabinet of the Minister of Energy and at the Prime Minister’s Economic Bureau in Spain and at the Spanish Strategic Petroleum Reserve. Jorge worked as a senior economist in a construction company and in an international bank. Jorge holds a doctoral degree in Economics from the Universidad Complutense de Madrid and has published in top journals in the field of energy and economics.