Renewable power to spur energy transition

Strong growth of the renewable power sector will be a key driver of energy transition in China, according to BP Energy Outlook 2020, which was released recently.

The country is also expected to remain the world's largest primary energy consumer despite slowing demand growth.

BP forecast that energy demand growth in China will slow dramatically compared to past trends, and the growth of industrial energy demand will be concentrated in the emerging world outside of China as energy-and labor-intensive industrial activities are being increasingly relocated from the developed world and China to lower-cost economies.