Commodity Insights: 47
Energy Transition Offerings

Providing Essential Intelligence to understand the evolving global energy landscape

The Energy Transition refers to both the shift in and the financing of the global energy mix to achieve decarbonization pathways. This encompasses renewable power, hydrogen and biofuels, and abatement techniques such as carbon capture. As the world navigates a transforming energy and climate space, 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

 
2023
BASE CASE: 2050
1.5° CASE: 2050
Others
4%
4%
3%
Modern Biomass
6%
8%
12%
Renewables
3%
20%
45%
Hydro
2%
3%
4%
Nuclear
5%
7%
13%
HYDROCARBON-BASED ENERGY SOURCES
(0)%
(0)%
(0)%
Coal
27%
13%
3%
Gas
23%
22%
7%
Oil
31%
24%
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 2024

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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 and Low Carbon Ammonia
  • Battery Metals 
  • Biofuels
    (Sustainable Aviation Fuel and Hydro-treated Vegetable Oil)
  • Carbon Accounted Freight 
  • Voluntary and Compliance Carbon Markets
  • Hydrogen
  • Low Carbon Commodities
    (crude, oil products, LNG, metals and carbon intensities)
  • Methane Performance Certificates 
  • Renewables
    (Renewable Energy Certificates, International Renewable Energy Certificates, Guarantees of Origin, and Power Purchase Agreements)
  • Renewable Natural Gas

Consulting

  • Energy Transition Consulting 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)
  • Clean 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 Integrated Energy Scenarios 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)

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