BP Statistical Review of World Energy
June 2012
For 61 years, the BP Statistical Review of World Energy has provided high-quality objective and globally consistent data on world energy markets. The review is one of the most widely respected and authoritative publications in the field of energy economics, used for reference by the media, academia, world governments and energy companies. A new edition is published every June.
Key findings:
- +2.5% Growth in global primary energy consumption. Consumption in OECD countries fell by 0.8%, the third decline in the past four years. Non-OECD consumption grew by 5.3%, in line with the 10-year average.
- 33.1% oil share of the global energy consumption
- Global oil consumption grew by a below-average 0.6 million barrels per day (b/d), or 0.7%, to reach 88 million b/d. This was once again the weakest global growth rate among fossil fuels. OECD consumption declined by 1.2%.
- -9.9% decline in EU gas consumption.
- Coal consumption grew by 5.4% in 2011, the only fossil fuel to record above- average growth and the fastest-growing form of energy outside renewables. Coal now accounts for 30.3% of global energy consumption, the highest share since 1969. OECD consumption declined by 1.1% with losses in the US and Japan offsetting growth in Europe.
- Global hydroelectric output grew by 1.6%, the weakest growth since 2003.
- Renewable forms of energy accounted for 2.1% of global energy consumption, up from 0.7% in 2001.
- Worldwide nuclear output fell by 4.3%, the largest decline on record, on the back of sharp declines in Japan (-44.3%) and Germany (-23.2%).share
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