BP: Renewables, Electric Vehicles to See Sharp Global Growth in Coming Decades

SUGAR LAND--September 16, 2020--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Renewable energy use will grow dramatically over the next three decades, driven by continued reductions in the cost to produce electricity from wind and solar, as well as a surge in demand from the transportation sector, the group chief economist at BP plc (NYSE:BP) (London, England) told a global virtual briefing Monday. Within this article: How renewable power generation and electric vehicles will grow around the world, according to three different scenarios.