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The annual Energy Outlook reflects BP best effort to describe the “most likely” trajectory of the world’s energy system. This edition updates the likely path of global energy markets and extends it to 2035. BP make assumptions on changes in policy, technology and the economy, based on extensive internal and external consultations, using a range of analytical tools to build a single “most likely” view. This edition of the Outlook raises three big questions: Will the world have sufficient energy to fuel continued economic growth? Will that energy be secure? And will it be sustainable? The Outlook highlights the power of competition and market forces in driving technology and innovation to meet the world’s energy needs. These factors make us optimistic for the world’s energy future, and they suggest a way forward in mastering challenges such as security and sustainability.