Oil major BP has outline six main trends which could “shape the future” of energy. The company said energy transitions this year will look at a “dominant fuel” with gas growing faster than any other fossil fuel. It will see a sharp change in price coupled with such agreements like the 2015 Paris agreement which aims to keep the global temperature rise by below two degrees. Meanwhile, the firm said there is much more of a focus around peak oil from a demand side which will gradually start to decline. Broad consensus has suggested “peak oil” the peak oil window will be between the years of 2025 and 2040. However the report added there was still “considerable uncertainty” surrounding this. BP’s head of long-term planning, Dominic Emery, said the company was also preparing for a world where power comes increasingly from renewable sources. Both wind and solar power have […]