S&P Global: Era of Linear Energy Transition Has Ended as AI Demand and Geopolitics Reshape Markets
NEW YORK, March 20, 2026 /PRNewswire/ -- S&P Global today released new research examining how the global energy landscape is being reshaped by geopolitics and competing priorities of affordability, reliability, competitiveness, and decarbonization. The edition went to press amidst the evolving war in the Middle East with unprecedented volatility in energy markets.
Look Forward: Energy Futures brings together world-leading analysis from across S&P Global's divisions to help leaders navigate the complex, multidimensional forces shaping energy markets.
Industry experts, officials, and policy makers as well as leaders from the technology, financial and industrial communities will convene next week in Houston to discuss these themes at the 44 th gathering of CERAWeek by S&P Global.
"CERAWeek arrives at a pivotal moment as the global energy system navigates ongoing challenges amidst historic geopolitical uncertainty," said Dave Ernsberger, President, S&P Global Energy. "We're seeing the rapid growth of AI and the enormous energy required to power it driving an unprecedented convergence between the technology and energy sectors, and an urgent need to secure reliable and sustainable energy. Amidst this rapidly evolving global landscape, it is more important than ever to bring together our deep sector expertise, rigorous data and on-the-ground market knowledge to our clients."
Key findings reveal:
"The era of viewing the energy transition as a linear path toward decarbonization has ended," said Atul Arya, Ph.D., Senior Vice President and Chief Energy Strategist, S&P Global Energy. "In its place stands a more immediate imperative: building energy systems capable of sustaining economic growth in an increasingly uncertain world. This shift has far-reaching consequences for how companies invest, how governments regulate, and how markets function."
The journal's chapters also explore:
Look Forward: Energy Futures is the latest edition of the S&P Global Look Forward research series, special reports that offer a deep dive into the most important themes, trends and topics transforming the global economy.
The S&P Global Look Forward Council brings together leading experts from across the organization to deliver research that illuminates long-term trends and transformative market shifts. Covering areas from capital and commodity markets to energy and sustainability, the council provides the forward-looking intelligence S&P Global clients need to navigate uncertainty and make confident, informed decisions.
To access the full Look Forward: Energy Futures journal online, visit: https://www.spglobal.com/en/research-insights/special-reports/look-forward/energy-futures
To find out more about CERAWeek, visit: www.ceraweek.com
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About S&P Global
S&P Global (NYSE: SPGI) enables businesses, governments, and individuals with trusted data, expertise and technology to make decisions with conviction. We are Advancing Essential Intelligence through world-leading benchmarks, data, and insights that customers need in order to plan confidently, act decisively, and thrive economically in a rapidly changing global landscape.
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SOURCE S&P Global