Annual oil production in Russia was expected to decrease by 77 percent between 2019 and 2050 under the Accelerated scenario implying that an increase in carbon prices would lead to government measures. Under the New Momentum scenario, the country's natural gas production was forecast to exceed 25 exajoules in 2050.
Energy production volume in Russia in 2019 with a forecast until 2050, by fuel and scenario
(in exajoules)
Characteristic
Oil
Natural gas
Coal
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*Forecast. The scenarios were defined as follows:
"The scenarios were
largely prepared before the outbreak
of military action in Ukraine and do
not include any analysis of its possible
implications for economic growth and
global energy markets.
The scenarios consider carbon
emissions from energy production
and use, most non-energy related
industrial processes, and natural gas
flaring plus methane emissions from
the production, transmission and
distribution of fossil fuels.
Accelerated and Net Zero explore
how different elements of the energy
system might change in order to
achieve a substantial reduction
in carbon emissions. They are
conditioned on the assumption
that there is a significant tightening
of climate policies leading to a
pronounced and sustained fall in COâ‚‚-
equivalent (COâ‚‚e) emissions. The
fall in emissions in Net Zero is aided
by a shift in societal behavior and
preferences which further supports
gains in energy efficiency and the
adoption of low-carbon energy
sources.
New Momentum is designed to
capture the broad trajectory along
which the global energy system is
currently progressing. It places weight
both on the marked increase in global
ambition for decarbonization seen
in recent years and the likelihood
that those aims and ambitions will
be achieved, and on the manner and
speed of progress seen over the
recent past.
COâ‚‚e emissions in all three scenarios
increase above pre-Covid levels.
Emissions in Accelerated and Net Zero
peak in the early 2020s and by 2050
are around 75% and 95% below 2019
levels respectively. COâ‚‚e emissions
in New Momentum peak in the late
2020s and by 2050 are around 20%
below 2019 levels."
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BP. (January 30, 2023). Energy production volume in Russia in 2019 with a forecast until 2050, by fuel and scenario (in exajoules) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1025669/russia-energy-production-forecast-by-fuel/
BP. "Energy production volume in Russia in 2019 with a forecast until 2050, by fuel and scenario (in exajoules)." Chart. January 30, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1025669/russia-energy-production-forecast-by-fuel/
BP. (2023). Energy production volume in Russia in 2019 with a forecast until 2050, by fuel and scenario (in exajoules). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1025669/russia-energy-production-forecast-by-fuel/
BP. "Energy Production Volume in Russia in 2019 with a Forecast until 2050, by Fuel and Scenario (in Exajoules)." Statista, Statista Inc., 30 Jan 2023, https://www.statista.com/statistics/1025669/russia-energy-production-forecast-by-fuel/
BP, Energy production volume in Russia in 2019 with a forecast until 2050, by fuel and scenario (in exajoules) Statista, https://www.statista.com/statistics/1025669/russia-energy-production-forecast-by-fuel/ (last visited July 22, 2024)
Energy production volume in Russia in 2019 with a forecast until 2050, by fuel and scenario (in exajoules) [Graph], BP, January 30, 2023. [Online]. Available: https://www.statista.com/statistics/1025669/russia-energy-production-forecast-by-fuel/