bp Energy Outlook 2022 edition2 | Energy Outlook 2022 explores the key uncertainties surrounding the energy transition Energy Outlook 2022 is focussed on three main scenarios: Accelerated, Net Zero and New Momentum. These scenarios are not predictions of what is likely to happen or what bp would like to happen. Rather they explore the possible implications of di?erent judgements and assumptions concerning the nature of the energy transition. The scenarios are based on existing and developing technologies and do not consider the possibility of entirely new or unknown technologies emerging. The many uncertainties mean that the probability of any one of these scenarios materializing exactly as described is negligible. Moreover, the three scenarios do not provide a comprehensive description of all possible outcomes. However, they do span a wide range of possible outcomes and so might help to inform a judgement about the uncertainty surrounding energy markets out to 2050. The Outlook was largely prepared before the military action by Russia in Ukraine and does not include any analysis of the possible implications of those developments on economic growth or global energy mar