In 2025, the energy market opened with significant turbulence: after a sharp price surge at the beginning of the year, the balance has shifted. Rising production levels and weakening global demand are pushing prices downward, generating new uncertainties.
This volatility reflects an increasingly fragmented landscape, where the energy transition, protectionism, and strategic misalignments are deeply intertwined and mutually reinforcing.
In this context, our international network Nextcontinent has published its 2025 Outlook for the sector: “Navigating the Global Energy Landscape”, offering an in-depth analysis of the structural shifts and tensions that are redefining the global energy system. Key signals include:
- electricity demand continues to grow faster than the global economy, driven by digitalization and the expansion of data centers;
- investments in renewables are accelerating, though regional disparities remain stark;
- decarbonization is progressing, but at an uneven pace, hindered by trade frictions and protectionist policies targeting clean technologies.
The report provides a strategic lens on these evolving dynamics — a valuable resource for businesses and policymakers operating in an increasingly interconnected and rapidly shifting.