Commodity Market Report

Energy transition outlook 2025

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Our seventh annual energy report is now updated for 2025-26. It includes a 2060 time horizon, to better understand how the energy and resources industry might evolve in the future and help countries design strategies for their post-2050 climate commitments. The report explores four credible pathways for the energy world, revealing an energy system more complex, more interconnected, and more volatile than ever.

Table of contents

    • Connected: one energy system , many perspectives
    • Artificial intelligence: accelerating innovation and amplifying disruption
    • Electricity, data and infrastructure: the future of energy
    • Critical minerals: the next strategic battleground
    • Fossil fuels: a long goodbye
    • CCUS and hydrogen: innovation and scale to drive commerciality over time
    • Capital trade-off: slower investment, faster warming, higher costs
    • Transition hits headwinds: costs rise, consensus frays

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What's included

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    Energy transition outlook 2025

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