Commodity Insights: 41
Energy Transition Offerings

Providing Essential Intelligence to understand the evolving global energy landscape

The Energy Transition refers to the shift in the global energy mix to lower emission pathways to restrict global warming and address climate change. This encompasses renewable power, hydrogen and biofuels, and abatement techniques such as carbon capture. As the world transitions to lower emission pathways, carbon offsets and carbon-differentiated trading will also play a critical role in meeting global climate goals. 

The Energy Transition presents major challenges for today’s business leaders. Changes in policy, technology, and consumer preferences will determine vastly different levels of supply and demand across multiple commodity markets. These factors combined with the threat of climate change present both opportunities and risks for various market participants.

S&P Global Commodity Insights provides the benchmarks, data, and insights needed to understand the market today and to shape the energy landscape of tomorrow.

Evolution of the Energy Mix Under Different Scenarios

2021
2050: BASE CASE
2050: 1.5° CASE
Others
5%
4%
4%
Modern Biomass
5%
9%
14%
Renewables
3%
18%
31%
Hydro
3%
3%
4%
Nuclear
5%
6%
13%
HYDROCARBON-BASED ENERGY SOURCES
–
–
–
Coal
26%
11%
8%
Gas
23%
23%
13%
Oil
30%
25%
12%

2050 Base Case
represents expected energy mix based on our analysts’ assumptions of how technology, policy, and markets will evolve.

2050 1.5 Degree Scenario Case
represents required energy mix to limit the increase in average global temperatures to 1.5 degrees Celsius.

Source:  S&P Global Commodity Insights

Note:  Data as of March 2023

Key Elements of S&P Global Commodity Insights Energy Transition Offerings Include:

Assessments & News 

Price assessments and news enabling increased transparency, rigor, and integrity of environmental markets, providing the market with greater confidence.

  • Alternative Marine Fuels
    (LNG, methanol, biofuels bunkers)
  • Ammonia
  • Battery Metals 
  • Biofuels
  • Carbon Accounted Freight 
  • Compliance Carbon Markets
  • Hydrogen
  • Low Carbon Commodities
    (crude, oil products, LNG, metals)
  • Methane Performance Certificates 
  • Renewables
    Renewable Energy Certificates (RECs), International Renewable Energy Certificates (I-RECs), and Guarantees of Origin (GOs) 
  • Voluntary Carbon Markets

Advisory Solutions

  • Bespoke Energy Transition advisory projects
  • (e.g., hydrogen strategy, emissions abatement strategy, carbon capture screening and feasibility studies)

Data & Insights

  • Emissions Benchmarking & Management: 
    Standardized data and analytics on greenhouse gas emissions across the global energy value chain (e.g., Corporate Emissions Solution, Refining Cost Margin & Analytics, Upstream Transformation Service)
  • Technology Roadmap & Investments:
    Comprehensive coverage of clean energy technologies includes batteries and storage; hydrogen and green gas; and wind, solar, and carbon sequestration to support the future energy system (e.g., Clean Energy Technology, Clean Energy Procurement, Carbon Capture and Storage Insights)
  • Strategic Alignment to Net Zero Targets: 
    Integrated, long-term scenarios (through 2050) projecting energy use and emissions by fuel type, country, and sector; risk assessment and portfolio strategies (e.g., Energy & Climate Scenario Planning tools, Mobility Future Service with Outlook for Electric Vehicles, Critical Minerals Supply Chain Insights)

S&P Global Commodity Insights enables customers to make decisions with conviction and create long-term, sustainable value