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We are at a pivotal moment in the energy transition.

Sweeping financial investments have set the stage for a decade of deployment. Thousands of new projects and new technologies will enter the world’s energy ecosystem, from hydrogen to carbon capture and more. In addition, artificial intelligence is transforming capabilities in data processing and decision-making that will impact the energy industry.

While evidence of the transition is clear, uncertainties remain. In this edition of Look Forward: Multidimensional Transition, our economists, analysts, researchers and data experts examine the challenges and opportunities of decarbonization, focusing on topics with the greatest potential for large-scale disruption and deployment.

This issue explores a spectrum of topics: energy security, geopolitics of energy and climate change, critical minerals for energy transition, natural gas, carbon markets, methane emissions, transportation, and material transition.

It is intended to help decision-makers in asset management, asset ownership, companies, multilateral institutions, nonprofits and governments look beyond the near term and explore the trends that will shape our future.

I encourage you to seek out previous volumes of Look Forward as well, which cover a range of topics to help navigate an uncertain world. Get in touch with us to share your own views on these topics and ask questions. We want to hear from you.

S&P Global Commodity Insights

Saugata Saha

President, S&P Global Commodity Insights


Sponsors & Contributors

S&P Global Commodity Insights

Co-chair, S&P Global Research Council and Co-lead, Look Forward: Multidimensional Transition

Atul Arya, Ph.D.

Senior Vice President and Chief Energy Strategist


S&P Global Ratings

Co-chair, S&P Global Research Council

Alexandra Dimitrijevic

Global Head of Research & Development


S&P Global Ratings

Sponsor, S&P Global Research Council

Martina L. Cheung

President, S&P Global Ratings


S&P Global Commodity Insights

Co-lead, Look Forward: Multidimensional Transition

Ashutosh Singh

Head of Energy Transition Program Management


S&P Global Commodity Insights

Juliana Abella

Research and Analysis Director, Upstream Solutions


S&P Global Commodity Insights

Kurt Barrow

Vice President, Oil Markets, Midstream, and Downstream


S&P Global Ratings

Julien Bernu, CFA

Associate Director, EMEA Utilities


S&P Global Commodity Insights

Simon Blakey, Ph.D.

Senior Advisor


S&P Global Commodity Insights

Marie-Louise du Bois

Head of Carbon Pricing


S&P Global Commodity Insights

Etienne Gabel

Senior Director, Global Power and Renewables


S&P Global Commodity Insights

Peter Gardett

Executive Director, Climate and Cleantech


S&P Global Commodity Insights

Judson Jacobs, M.S.

Executive Director, Upstream Energy


S&P Global Commodity Insights

Roman Kramarchuk

Head of Future Energy, Policy and Technology Analytics


S&P Global Commodity Insights

Eleonor Kramarz

Executive Director, Strategy Consulting Group


S&P Global Commodity Insights

Raoul LeBlanc

Vice President, Upstream


S&P Global Commodity Insights

Olivier Maronneaud

Director, Chemical Consulting


S&P Global Ratings

Claire Mauduit-LeClercq

Director, EMEA Utilities


S&P Global Commodity Insights

Anastasia Pantazopoulou

Analyst, Hydrogen and Low-Carbon Gas


S&P Global Commodity Insights

Carlos Pascual

Head of Geopolitics & International Affairs


S&P Global Commodity Insights

Chengyao Peng, Ph.D

Director, Greater China Power & Renewable


S&P Global Commodity Insights

Paola Perez Pena

Principal Research Analyst, Gas Power and Climate Solutions


S&P Global Commodity Insights

Tony Potter

Global Vice President, Specialty Chemicals


S&P Global Commodity Insights

Catherine Robinson

Executive Director, Gas, Power, and Energy Futures


S&P Global Commodity Insights

Shankari Srinivasan

Vice President, Energy


S&P Global Commodity Insights

Michael Stoppard

Global Gas Strategy Lead and Special Advisor


S&P Global Commodity Insights

Eduard Sala de Vedruna

Executive Director, Climate and Sustainability Group


S&P Global

Daniel Yergin, Ph.D.

Vice Chairman


S&P Global Commodity Insights

Edurne Zoco, Ph.D.

Executive Director, Clean Technology & Renewables


Key Support

Lead Editors
Ellen White, Copy Editor
Angela Long, Lead Editor

Project Manager
Ashutosh Singh, Head of Energy Transition Program Management

Copy Editor
Mary Minton, Editor

Graphics Editor
Matthew Schick, Senior Editor, Visuals
Head of Editorial, Design & Publishing Team
Ken Fredman 

Content Strategy
Nathan Hunt, Vice President of Content and Digital Marketing

Communications
Joanna Vickers, Public Relations Director
Website Development
Kurt Burger, Marketing Specialist

Social Outreach
Camille McManus, Marketing Specialist

Designer
Augusto Justiniano, Senior Designer

Further Reading