https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/100626-interview-brazil-self-generation-ppas-adapt-to-tighter-rules-growing-curtailment-risksBrazilian self-production purchase power agreements (PPAs) have had to adapt to sweeping regulatory changes that have effectively limited new deals to large consumers, creating uncertainty after years of rapid growth. But even so, these arrangements -- which already account for over one-fifth of the country's electricity generation -- are expected to continue expanding, according to Mario Menel,06 October 2026 17:20:52 GMTFelipe Peroni ]]>https://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/092826-path-to-net-zero-us-oil-majors-cast-doubt-on-feasibility-of-net-zero-by-2050This is the fifth in a multi-part series on net-zero efforts across industries. The previous article can be found here. Some of the largest US oil and gas companies appear to be growing increasingly doubtful that a net-zero future is attainable by the middle of the century. Among the top 30 US companies in the sector, some reported declining corporate emissions intensities for 2025. Although a28 September 2026 13:45:14 GMTJeremy BeamanCorey Paul ]]>https://www.spglobal.com/ratings/en/blog/investors-look-beyond-labelsSustainable finance is entering a more mature phase as investors continue to support sustainability and transition objectives but increasingly assess issuers through the credibility of their transition strategy, quality of execution, and ability to demonstrate measurable progress. Labels remain relevant but are no longer sufficient on their own to attract capital. 15 July 2026 17:04:00 GMThttps://www.spglobal.com/ratings/en/blog/korean-investor-sentimentInvestors are shifting toward more defensive, quality-income and diversified allocations amid concerns over stretched U.S. valuations, private credit/CLO weakness, higher-for-longer rates, AI-related credit risks, and tight Asian spreads.19 August 2026 17:04:00 GMThttps://www.spglobal.com/energy/en/news-research/infographics/horizons-energy-expansion-sustainability/clean-energy-pulseS&P Global Energy Horizons Clean Energy Pulse tracks 69 indicators to measure global clean energy growth momentumhttps://www.spglobal.com/ratings/en/blog/takeaways-private-markets-forumWe recently hosted our inaugural U.S. Private Markets Forum in New York City, convening investors and market participants to discuss the evolving dynamics across private credit, fund finance, and structured solutions.08 May 2026 17:04:00 GMThttps://www.spglobal.com/ratings/en/blog/pdi-apac-2026This summer, the PDI APAC Forum 2026 brought together more than 300 private markets professionals in Singapore, including limited partners (LPs), general partners (GPs), intermediaries, and law firms.24 July 2026 17:04:00 GMThttps://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/100726-germany-eyes-aib-hub-following-state-run-gas-registry-launchThe German Environment Agency (UBA) intends to apply for gas membership of the Association of Issuing Bodies once it establishes a national statutory registry for renewable gas certificates, a spokesperson from the body told Platts, part of S&P Global Energy. The agency has been designated by the government as the competent authority responsible for establishing and managing Germany's central,07 October 2026 13:14:35 GMTIrina Breilean ]]>https://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/100626-dutch-green-gas-blending-obligation-passes-lower-house-of-parliamentThe lower house of the Dutch parliament passed the national green gas blending obligation on Oct. 6, with the rules expected to take effect in 2027. Lawmakers voted on the main legislative package, including 12 proposed amendments, four of which were passed, covering rules on the suspension of the rules determining the blending obligation and buy-out price, on the use of buy-out fees, on06 October 2026 18:21:52 GMTIrina Breilean ]]>https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/10/who-is-challenging-the-valuationIn May 2026, the Monetary Authority of Singapore (MAS) published an information paper on valuation practices for fund management companies (FMCs). 29 September 2026 12:00:00 GMTPeter Allestonhttps://www.spglobal.com/energy/en/news-research/blog/energy-transition/100726-et-highlights-denmark-hydrogen-pipeline-eu-cbam-us-renewables-goalsEnergy transition highlights: Our editors and analysts bring you the biggest stories from the industry this week, from renewables to storage to carbon prices.06 October 2026 20:05:00 GMTStaff https://www.spglobal.com/ratings/en/regulatory/article/sustainability-insights-behind-the-shades-energy-efficiency-measures-s101703482This report does not constitute a rating action. Chart 1 Energy efficiency--broadly defined as achieving the same outcomes with less energy--is a key part of the transition to a low-carbon, climate resilient future across a range of activities, including building performance, transportation systems, industrial processes, equipment and appliances, and data centers and other digital infrastructure. An S&P Global Ratings Shade of Green (shade) represents our qualitative opinion on how consistent an05 October 2026 09:25:48 GMThttps://www.spglobal.com/ratings/en/regulatory/article/highlights-from-sp-global-ratings-european-private-markets-conference-2026-s101708955This report does not constitute a rating action. The 3rd annual European Private Markets Conference on Sept. 23, 2026, in London highlighted the credit fundamentals underlying this evolving and expanding market, and the global challenges it faces from trade conflicts, energy and supply chain disruptions, geopolitical fragmentation, and rapid technological change. The market expansion reflects rising volume and increasing diversity in funding sources and geographies. The proliferation of speciali05 October 2026 20:11:49 GMThttps://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/100626-lng-remains-attractive-despite-tough-patches-shell-ceoShell PLC CEO Wael Sawan argued Oct. 6 that the fundamentals underpinning LNG remain "very attractive," even as global prices hover around recent peaks during the second major supply-side disruption to rock the global market this decade. "LNG continues to be diversified, it continues to be reliable, it continues to be flexible," Sawan said at the Energy Intelligence Forum in London. Shell is a06 October 2026 14:54:02 GMTMatt HoischCharlie Mitchell ]]>https://www.spglobal.com/energy/en/news-research/latest-news/refined-products/100626-eu-to-delay-methane-law-assess-refining-strategy-to-combat-fuel-costsThe European Union hopes to bring down winter fuel costs with a one-year delay to its incoming methane regulation, strategic talks on refining, and a new taskforce to bundle its energy demand, European Commission President Ursula von der Leyen said Oct. 6. In a live address from Brussels, von der Leyen said the EU would "give flexibility to exporters" for another year on methane, extending a06 October 2026 17:30:40 GMTKelly Norways ]]>https://www.spglobal.com/energy/en/news-research/podcasts/energy-evolution/100626-ais-power-boom-tests-big-techs-net-zero-promisesIn this week's episode of Energy Evolution, host Camilla Naschert turns the spotlight on Big Tech as part of S&P Global Energy's annual series examining how the world's largest companies are faring on their paths to net-zero emissions. The AI infrastructure boom has driven the sector's energy appetite to new heights, and its carbon footprint is rising in tandem. Tech reporter Stefan Modrich of S&P06 October 2026 22:18:20 GMTCamilla NaschertSTEFAN MODRICHKarin Rives ]]>https://www.spglobal.com/ratings/en/regulatory/article/credit-faq-how-will-the-middle-east-war-reshape-dubais-residential-property-market-in-2027-s101707425This report does not constitute a rating action. Dubai's residential real estate market has seen a significant drop in transaction volumes as a result of the Middle East war. However, specific segments of the market are now experiencing a price correction, albeit a moderate one. That’s because of a change in market dynamics over the past several years, with the United Arab Emirates' (UAE's) visa reforms supporting a higher proportion of long-term investors and end users. S&P Global Ratings' ba06 October 2026 11:56:18 GMThttps://www.spglobal.com/energy/en/news-research/latest-news/agriculture/093026-india-saf-premium-needs-shared-cost-market-architecture-saf-associationIndia should develop multiple sustainable aviation fuel pathways and prioritize domestic processing of feedstocks before exporting surplus fuel, while creating price-support and financing mechanisms to distribute SAF's green premium across the value chain, according to industry platform SAF Association. The country should not select between hydroprocessed esters and fatty acids-based SAF and30 September 2026 12:38:08 GMTSamyak Pandey ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/092526-india-ppa-market-shifts-toward-hybrid-and-bess-backed-projects-amid-grid-risksIndia's corporate renewable power market is increasingly shifting toward hybrid and storage-backed projects as transmission constraints, curtailment risks and varied state-level tariffs shape power purchase agreement pricing, market participants told Platts, part of S&P Global Energy, on Sept. 24. Generators and independent power producers said buyers are increasingly favoring hybrid renewable25 September 2026 14:31:27 GMTAhmad afiq Muhammad zahir ]]>https://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/100526-dutch-parliament-set-to-vote-on-key-biomethane-blending-obligation-amendmentsThe Dutch parliament is preparing to vote on a package of amendments to the proposed green gas blending obligation, including a one-year postponement of its start. The House of Representatives is scheduled to vote Oct. 6 on 10 amendments proposed in September, including provisions that would mean the obligation would apply no earlier than Jan. 1, 2028. A separate amendment seeks to cap the buy-out05 October 2026 15:01:34 GMTIrina Breilean ]]>https://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/100526-european-carbon-prices-drop-to-7-week-low-as-market-eyes-upcoming-policy-agendaEuropean carbon prices reached their lowest levels since late August in the early hours of Oct. 5, with market participants citing the end of compliance, a technical break, and prevailing policy risk. EU Allowances for the nearest December traded at €82.40/metric tons of CO2 equivalent ($91.87/mtCO2e) at 0750 GMT Oct. 5, down 2.39% compared to Friday's close, according to the Intercontinental05 October 2026 12:10:53 GMTIrina Breilean ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/100526-interview-china-tightens-green-certificate-rules-eyes-hourly-matching-energytagChina's green electricity certificate market is evolving as prices recover and the market tests storage-linked and hourly-matched certificates, Annie Wong, APAC Manager of EnergyTag, an independent non-profit organization, said in an interview with Platts, part of S&P Global Energy, last week. What is changing in China's use of green electricity certificates under the Renewable Portfolio Standard?05 October 2026 08:22:26 GMTRachel Tan ]]>https://www.spglobal.com/energy/en/news-research/latest-news/electric-power/093026-us-midwest-southwest-lead-clean-power-purchasing-in-2026Rising US power demand continues to drive momentum for clean energy offtake agreements in 2026, especially in the Midwest and Southwest. Utilities, hyperscale cloud-computing giants and other corporations signed about 31.2 gigawatts of clean power contracts from January through August, according to S&P Global Energy CERA data. "The big takeaway from us is momentum isn't slowing," said Tony Lenoir,30 September 2026 20:23:54 GMTNushin Huq ]]>https://www.spglobal.com/energy/en/news-research/latest-news/electric-power/100126-path-to-net-zero-states-cut-back-on-renewable-goals-amid-affordability-concernsThis is the final in a multi-part series on net-zero efforts across industries. The previous article can be found here. As concerns about energy affordability grow, states are pulling back on their clean energy goals or reclassifying what qualifies as a clean energy resource. Connecticut scaled back its renewable portfolio standard targets in November 2025. Arizona officials are trying to repeal01 October 2026 13:45:06 GMTKassia Micek ]]>https://www.spglobal.com/energy/en/news-research/latest-news/electric-power/093026-infographic-europe-enters-q4-under-cloud-of-high-gas-power-prices-supply-woesEuropean gas and power prices have risen to highs not seen since 2022, with the fourth quarter set to test markets amid low gas storage and continued LNG supply disruptions due to the war in the Middle East. For much of 2026, Europe has grappled with a tighter global LNG market; seven months into the Middle East conflict, those pressures are growing as winter looms. Analysts at S&P Global Energy30 September 2026 15:46:02 GMTAndreas Franke ]]>https://www.spglobal.com/energy/en/news-research/latest-news/refined-products/100226-interview-geopolitics-reframes-saf-as-strategic-asset-not-just-green-fuel-vopakGeopolitical instability has recast sustainable aviation fuel as a strategic energy security asset, beyond being a clean fuel transition, but fragmented EU pipeline regulations are hampering supply chains, an official at storage firm Royal Vopak said. Higher conventional jet fuel prices driven by global instability have shifted the industry's perception of SAF, elevating it from a green-transition02 October 2026 14:53:26 GMTThomas Washington ]]>https://www.spglobal.com/energy/en/news-research/latest-news/electric-power/100226-mexico-power-expansion-faces-execution-test-as-investors-warm-to-new-framework-panelistsMexico's power-sector challenge is shifting from policy to execution as developers embrace a more flexible framework for private investment, but warn that delivering the required generation will strain project, equipment and financing capacity. Mexico needs to add roughly 7 GW of generation annually to meet government targets, industry executives said Oct. 1 during S&P Global Energy's 2026 Mexico02 October 2026 17:27:34 GMTSheky Espejo ]]>https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/100226-india-can-cut-saf-project-timelines-through-refinery-integration-replication-honeywellIndia can accelerate sustainable aviation fuel supply by expanding refinery co-processing, standardizing plant designs, and ordering long-lead equipment before projects become trapped in lengthy development cycles, Ranjit Kulkarni, ‏President - Africa, Honeywell Technologies, said Sept. 29 at the India SAF Conclave in New Delhi. HEFA technology has led early SAF deployment because oils and fats02 October 2026 03:35:33 GMTSamyak Pandey ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/091626-google-to-partner-with-terradot-in-brazil-methane-solutionsGoogle has announced its partnership with Terradot to deploy climate solutions at Brazilian rice farms, Google said on Sept. 16. Google's purchase from Terradot, a carbon removal company specializing in Enhanced Rock Weathering, or ERW, will pair methane avoidance in Brazilian rice farming with carbon dioxide removal. The partnership aims to deliver "megatron-scale climate impact by 2030," with16 September 2026 19:40:10 GMTAlise PruittDaniel Weeks ]]>https://www.spglobal.com/energy/en/news-research/latest-news/shipping/100126-interview-war-risk-insurance-costs-rise-as-sanctions-complicate-casualty-responseShipping companies operating in contested waters are facing higher requirements for war coverage and legal complications, as attacks spread across multiple military conflicts and sanctions threaten to delay casualty response, according to Neil Roberts, head of marine and aviation at the Lloyd's Market Association. The Joint War Committee of LMA, which represents insurers in the world's largest01 October 2026 17:37:12 GMTMax Lin ]]>https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/092926-interview-saf-needs-feedstock-sandbox-more-eligibility-fathopes-ceoThe sustainable aviation fuel industry needs a regulatory testing framework that allows novel waste and residue feedstocks to be collected, characterized and commercially evaluated before determining their formal eligibilities, says Vinesh Sinha, founder and CEO of Malaysia-based renewable energy company FatHopes Energy. Without such a pathway, potentially useful materials may disappear from29 September 2026 19:02:08 GMTSamyak Pandey ]]>https://www.spglobal.com/energy/en/news-research/latest-news/refined-products/092526-interview-repsols-cabra-sees-eu-rules-holding-back-saf-investment-beyond-2030Europe's sustainable aviation fuel market is on track to meet its 2030 blending targets, but fragmented regulation across feedstocks, processing technologies and end markets risks choking off the investment needed to hit more ambitious post-2030 goals, a senior Repsol executive said Sept. 24. The EU's ReFuelEU Aviation regulation has provided a workable framework so far, with the 2025 SAF blending25 September 2026 12:54:51 GMTThomas Washington ]]>https://www.spglobal.com/energy/en/news-research/latest-news/shipping/092926-path-to-net-zero-shipping-companies-face-slow-low-carbon-bunker-transitionThis is the sixth in a multi-part series on net-zero efforts across industries. The previous article can be found here. Major shipping companies have made progress in reducing the greenhouse gas emissions intensity of their operations but are struggling to achieve emission cuts in absolute terms. In their latest annual reports, the world's top 10 maritime companies by market capitalization — all29 September 2026 13:30:29 GMTMax Lin ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/092826-hcee-india-2026-india-europe-clean-energy-trade-hinges-on-reliability-infrastructure-delivered-costsEuropean countries are deepening clean energy partnerships with India, focusing on supply reliability, infrastructure readiness and delivered prices as they explore opportunities for renewable hydrogen and ammonia trade, while expanding technology cooperation. Industry and policy experts at the S&P Global Energy Horizons Clean Energy Expansion India Conference 2026 in New Delhi on Sept. 24-2528 September 2026 05:12:17 GMTRuchira Singh ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/092826-hcee-india-2026-interview-reliance-to-start-renewable-hydrogen-output-in-2027-ramp-up-by-2028Reliance Industries Ltd. expects to begin renewable hydrogen production at Jamnagar next year, ramping up to fulfill a commercial offtake deal by 2028, as the Indian conglomerate moves to anchor its new energy ambitions around a coastal production hub in Gujarat. Rahul T.R., vice president, strategy and planning, new energy at Reliance Industries, told Platts, a part of S&P Global Energy, the28 September 2026 08:20:59 GMTRuchira Singh ]]>https://www.spglobal.com/ratings/en/regulatory/article/sustainability-insights-our-take-on-new-york-climate-week-2026-strategic-shifts-build-resilience-s101709301This report does not constitute a rating action. Adaptation and resilience emerged across New York Climate Week (NYCW) as vital to long-term value. This event drew over 100,000 participants to more than 1,000 climate-related sessions and coincided with the United Nations General Assembly (UNGA). At the UNGA, alongside talks on international security and AI, African nations called for two permanent Security Council seats. S&P Global Ratings believes Africa’s strategic importance in climate disc01 October 2026 11:33:05 GMThttps://www.spglobal.com/ratings/en/regulatory/article/new-york-climate-week-2026sustainability-growth-and-energy-security-are-no-longer-at-odds-s101710164Climate Week, held on the sidelines of the UN General Assembly last week, united bankers, assetmanagers , investors , and multilateral banks. Front of mind was the deployment of climatetechnologies, especially for AI expansion and growth in emerging markets. So too was theimportance of understanding and accounting for rising physical risks, which are increasinglyaffecting the broader economy.01 October 2026 14:14:47 GMThttps://www.spglobal.com/ratings/en/regulatory/article/how-private-credit-is-navigating-potential-ai-disruption-in-software-lending-s101708242This report does not constitute a rating action. As technological advancement in AI--with the potential to disrupt the software industry--shows no signs of slowing down, investors continue to question how this will affect credit quality in private credit. In our view, the impact of AI disruption on software companies poses more of a threat over the medium term, particularly considering the rise in maturities in 2028 and after, and the risks vary across the sector. Earlier this year, capital mark29 September 2026 19:57:37 GMThttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/093026-european-gas-power-markets-enter-q4-under-cloud-of-high-prices-supply-concernsEuropean energy prices have risen to highs not seen since 2022, with the fourth quarter set to test markets amid low gas storage and continued LNG supply disruptions due to the war in the Middle East. For much of 2026, Europe has grappled with a tighter global LNG market; seven months into the Middle East conflict, those pressures are growing as winter looms. High prices and persistently30 September 2026 15:33:07 GMTMatt HoischAndreas FrankeEklavya Gupte ]]>https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/093026-india-saf-scale-up-hinges-on-finance-feedstock-contracts-executivesIndia has sufficient feedstock resources, refining capabilities and conversion technologies to develop a large sustainable aviation fuel industry, but projects will struggle to secure financing without long-term blending targets, price-support mechanisms and bankable supply and offtake contracts, industry executives said at the India SAF Conclave in New Delhi from Sept. 28-29. Developers,30 September 2026 19:23:04 GMTSamyak Pandey ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/093026-denmark-eases-hydrogen-pipeline-rules-to-derisk-producer-commitmentDenmark has overhauled key terms governing capacity bookings for its planned hydrogen pipeline backbone, easing financial commitments on producers and sharply increasing state operating support, in a move designed to unblock a project critical to connecting Danish green hydrogen output with German and broader European demand. The Danish Ministry of Climate, Energy and Utilities revised the30 September 2026 13:30:47 GMTJames Burgess ]]>https://www.spglobal.com/energy/en/news-research/latest-news/lng/093026-interview-asia-emerging-as-key-early-market-for-distributed-green-ammonia-power-says-amogy-ceoAsian countries are emerging as key early markets for distributed green ammonia power, as rising electricity demand from AI, data centers, and industrial users is supporting the deployment of behind-the-meter clean power solutions, Amogy co-founder and CEO Seonghoon Woo told Platts, part of S&P Global Energy, in an interview. Such clean power solutions can serve local demand while reducing the30 September 2026 11:13:27 GMTSurabhi Sahu ]]>https://www.spglobal.com/energy/en/news-research/latest-news/metals/093026-europes-scrap-demand-set-to-surge-as-new-eafs-loom-euroferEurope's transition toward more electric steelmaking, with up to 20 electric arc furnaces expected to be commissioned in 2026-2030, adding 34 million-44 million metric tons of steel capacity, will increase the need for ferrous scrap, especially for high-quality material, the European Steel Association told Platts, part of S&P Global Energy. In 2025, the EU steel industry consumed 74.4 million mt30 September 2026 12:39:46 GMTKatya Bouckley ]]>https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/093026-india-adds-biofuels-to-vehicle-efficiency-compliance-rulesIndia has formally incorporated ethanol, compressed biogas and other biofuels into its vehicle-efficiency compliance system, strengthening incentives for automakers to introduce flex-fuel and biofuel-compatible vehicles, according to a Sept. 29 government notice. The Ministry of Power has notified the Corporate Average Fuel Economy norms for fiscal years 2027-28 (April-March) through 2031-32,30 September 2026 08:31:36 GMTSamyak Pandey ]]>https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/093026-aether-produces-astm-specification-saf-at-25-bd-integrated-demonstration-lineSustainable fuel technology developer Aether Fuels has produced synthetic aviation fuel meeting ASTM D7566 specifications from waste-derived gases at a 2.5 barrel-per-day integrated demonstration line, providing technical validation for its planned 50 b/d Project Beacon facility in Singapore, the company said Sept. 29. The demonstration combined Aether's Aurora Tri-Converter and Upgrader units30 September 2026 01:37:51 GMTSamyak Pandey ]]>https://www.spglobal.com/en/research-insights/special-reports/india-forward/reimagining-growthIndia Forward: Reimagining Growth explores how India can move beyond consumption-led growth through domestic reform, infrastructure investment, capital market development and strategic execution to support its long-term economic ambitions.30 September 2026 09:00:00 GMThttps://www.spglobal.com/energy/en/news-research/blog/energy-transition/093026-et-highlights-brazil-irec-issuances-china-emissions-repsol-eu-saf-investmentEnergy transition highlights: Our editors and analysts bring you the biggest stories from the industry this week, from renewables to storage to carbon prices.29 September 2026 20:05:00 GMTStaff https://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/092426-interview-omans-oqt-eyes-lng-infrastructure-support-amid-trading-pushOman's OQ Trading (OQT) may invest in infrastructure to support new LNG and gas demand as the state-owned trading company pushes to expand its LNG efforts, OQT's newly named global head of LNG told Platts in a recent interview. "For the right opportunities, we might be interested to look at co-investing in downstream facilities — call it FSRUs [floating storage and regasification units] or24 September 2026 14:23:20 GMTMatt HoischClaudia Carpenter ]]>https://www.spglobal.com/en/research-insights/special-reports/india-forward/reimagining-growth/scaling-indias-e20-ambition-through-ecosystem-transformationIs India's fuel ecosystem ready for the next phase of the E20 journey? Swati MathurAbhay Pratap Singhhttps://www.spglobal.com/en/research-insights/special-reports/india-forward/reimagining-growth/indias-power-transition-renewable-scale-to-system-strengthBy 2035, electricity will have to power a larger share of India's growth, from factories and cities to cooling systems, mobility, data centers and green hydrogen. Ashish SinglaMohd. Sahil AliJessica Jinhttps://www.spglobal.com/en/research-insights/special-reports/india-forward/reimagining-growth/turning-resilience-into-momentumPrivate investments, foreign direct investment and trade agreements will be
among the engines of India’s next growth phase.Dharmakirti JoshiHanna Luchnikava-Schorsch Gross foreign direct investment (FDI) inflows were healthy at $94.5 billion in 2025-26, but net inflows only reached $7.8 billion due to repatriation by foreign investors in India and outward investments by Indian companies. India is increasingly becoming a capital importer and exporter, reflecting greater corporate maturity but reducing the amount of net foreign capital available for domestic investment. Gross foreign direct investment (FDI) inflows were healthy at $94.5 billion in 2025-26, but net inflows only reached $7.8 billion due to repatriation by foreign investors in India and outward investments by Indian companies. We expect the CAD to increase to 1.5% of GDP in the current fiscal year. Financing is likely to be smoother due to an anticipated improvement in foreign capital flows and FDI. Recent Reserve Bank of India (RBI) measures aimed at attracting foreign capital appear to be yielding results, with cumulative inflows under these schemes exceeding $72.8 billion by Aug. 21. The scheme’s success prompted the RBI to close it one month early, by Aug. 31. On a calendar-year basis, gross FDI inflows increased 22.5% to $42.4 billion between January and May 2026, outpacing the 10% growth recorded over the equivalent period in 2025, itself higher than the global average. Improved capital flows should lend stability to the currency during the current fiscal year. Sustainable growth requires stronger private investment and higher FDI To realize the vision of Viksit Bharat by 2047, India must sustain an even faster growth trajectory, which requires a significant increase in the investment rate from the current level of about 32% of GDP. The World Bank estimates that 7.8% annual growth is required to achieve the objective. Enhanced role of private investments Public and household investment have been the key drivers of overall investment in India, while private corporate investment has grown more slowly, reducing its share of total investment. While public investment in infrastructure must continue, private investment has to take the lead. The private corporate sector's ability to invest, supported by healthy balance sheets and low leverage, does not match its willingness to invest. The nature of investment within the private corporate sector is also changing. Crisil estimates that the share of emerging sectors in overall industrial investment will rise to between 25% and 27% over the next five years, from 12% in the previous five years. These sectors include defense, data centers, solar photovoltaic, batteries, semiconductors and electronics, and electric vehicles. This shift is supported by the production linked incentive (PLI) scheme and growing market demand. Crisil estimates that the share of emerging sectors in overall industrial investment will rise to between 25% and 27% over the next five years, from 12% in the previous five years. Improvements in logistics, a stable business environment and reforms that make doing business easier, such as deregulation and stronger contract enforcement, will play an important role in improving the private investment climate. Why FDI needs a deeper push India has steadily liberalized its FDI regime, including opening the insurance sector to full foreign ownership. Yet, at about 2% of GDP, gross inflows remain modest relative to regional peers and the size of the economy and are below workers' remittance inflows. Global investment is increasingly concentrated in strategic sectors and geographies. UN Trade and Development estimates that AI infrastructure, semiconductors, critical minerals, energy-transition technologies and advanced manufacturing accounted for 44% of global greenfield FDI in 2025, up from 16% in 2020. India is benefiting from this trend, with Google's $14.5 billion AI and data center commitment marking the largest announced greenfield project in developing Asia in 2025. Yet India is in competition for a shrinking pool of global capital against economies with deeper manufacturing and supply chain ecosystems. The key question is whether India is securing a sufficiently large share of the investment that is shaping the next global investment cycle. Role of free trade agreements in supporting exports, manufacturing and FDI India is also rethinking its approach to free trade agreements (FTAs), which are increasingly being used to attract investment, deepen supply chain integration and strengthen India’s position in strategic sectors, rather than as instruments for tariff reduction and market access. Recently signed FTAs and those nearing completion will improve market access and could be vehicles for foreign investment. Agreements such as the India-EFTA Trade and Economic Partnership Agreement and the India-New Zealand FTA place explicit emphasis on investment promotion and commitments. With six trade deals signed over the past four years, including one with the EU to be signed later this year, India will secure FTAs covering more than half of the world's top importing economies. Improved market access can boost exports, encourage domestic private investment in beneficiary sectors and attract additional FDI. Manufacturing exports will benefit from recently signed FTAs in a phased manner, with labor-intensive sectors such as garments, leather, gems and jewelry likely to be the earliest beneficiaries, according to Crisil Intelligence. Looking forward To achieve the Viksit Bharat 2047 vision, India must sustain higher growth through increased investment, with a greater role for the private sector and foreign direct investment. Recent FTAs could enhance exports, attract foreign investment, strengthen supply chain integration and, over time, improve India's position in strategic global industries. FTAs are not an end in themselves, and they must be complemented by efforts to improve India's competitiveness. Ongoing focus on infrastructure build-out, deregulation and increased spending on research and development will be critical to improving competitiveness, durably reviving private capital expenditure, and realizing the export and investment potential of recently signed agreements. ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/092926-uk-carbon-prices-surge-on-burnham-eu-summit-pledgeUK carbon prices rose about £3/metric ton of CO2 equivalent Sept. 29 after Prime Minister Andy Burnham confirmed a long-delayed EU-UK summit would take place before year-end, reviving market expectations that the two jurisdictions could move closer to linking their emissions trading systems. UK Allowances traded at £62/mtCO2e at 1643 BST Sept. 29, up 5.2% from the previous settlement, according to29 September 2026 16:46:19 GMTToby LambertEklavya Gupte ]]>https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/092826-india-saf-policy-expected-within-two-weeks-as-industry-eyes-2027-targetIndia could announce its sustainable aviation fuel policy in the first or second week of October, establishing a framework to move the country's SAF industry beyond indicative blending targets and toward commercial implementation, the head of an industry association said Sept. 28. "We have been informed that the SAF policy could come in the first or second week of October," Rohit Kumar, secretary28 September 2026 21:53:58 GMTSamyak Pandey ]]>https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/08/picture-this-mexico-server-boom-ai-data-center-supply-chainsMexico’s AI server exports surge as reshoring, Taiwan trade ties and tariff exemptions reshape data center supply chains.12 August 2026 16:45:00 GMTChris RogersInes NastaliEric Oakhttps://www.spglobal.com/ratings/en/regulatory/article/creditweek-will-climate-events-lead-to-more-rating-actions-s101707862Another summer of record-breaking temperatures and wildfires in Europe, floods and storms across Asia, and extreme heat and drought in North America has reinforced a stark reality: Climate change is no longer a future risk. For the investors, policymakers, and companies convening at Climate Week NYC 2026, conversations have focused on how resilience is no longer optional, but becoming essential to protecting economies, businesses, and long-term value in a more volatile climate. Attention and act24 September 2026 20:27:51 GMThttps://www.spglobal.com/ratings/en/regulatory/article/emerging-markets-funding-resilience-could-be-tested-s101707588This report does not constitute a rating action. Emerging market (EM) financing conditions are entering a more challenging phase. Higher developed-market borrowing needs and tighter global financing conditions raise questions about whether EMs can continue to fund themselves as easily as in recent years. If external conditions become less supportive, outcomes will vary increasingly across countries and sectors, reflecting differences in refinancing needs, policy settings, and domestic market dep28 September 2026 17:08:12 GMThttps://www.spglobal.com/energy/en/news-research/latest-news/metals/092926-indias-ultratech-meets-power-needs-at-chhattisgarh-plant-entirely-from-green-energyIndia's UltraTech Cement said in a statement Sept. 28 that its integrated Kukurdih cement plant in Chhattisgarh has met its entire electricity demand through renewable energy and waste heat recovery systems each month since April, marking a milestone in the company's decarbonization efforts. The Kukurdih facility, commissioned in 2024 and equipped with 3.3 million metric tons/year of grey cement29 September 2026 04:01:00 GMTJia lun Ong ]]>https://www.spglobal.com/ratings/en/regulatory/article/sf-credit-brief-us-private-credit-clo-insights-2026-a-tale-of-two-cohorts-s101708956This report does not constitute a rating action. S&P Global Ratings is publishing this report to provide key metrics on the credit-estimated companies with loans in U.S. middle market collateralized loan obligations (MM CLOs), as well as CLO performance indicators. Our private credit and middle market CLO slide deck is published in the first month of each quarter (see " Private Credit And Middle-Market CLO Quarterly: What Lies Beneath (Q3 2026) , " July 24, 2026). As of mid-September, we have ra28 September 2026 17:35:41 GMThttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/092126-path-to-net-zero-two-thirds-of-top-us-utilities-cancel-or-fall-behind-targetsThis is the first in a multi-part series on net-zero efforts across industries. As atmospheric carbon dioxide levels reached another high in 2025, a majority of the 30 largest US electric utilities relaxed or withdrew their net-zero goals. One power company canceled all its emission reduction targets, while others lost ground on reductions already achieved, according to an annual survey by Platts,21 September 2026 15:01:46 GMTKarin Rives ]]>https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/09/risk-now-a-defining-variable-for-breakbulk-and-project-cargo-movesRisk is reshaping breakbulk and project cargo as geopolitical threats, congestion and infrastructure constraints disrupt routing and execution.28 September 2026 12:00:00 GMTCarly Fieldshttps://www.spglobal.com/ratings/en/regulatory/article/sustainability-insights-sustainable-finance-volume-in-africa-is-rising-but-remains-insufficient-s101706568This report does not constitute a rating action. This research report explores an evolving topic relating to sustainability. It reflects research conducted by and contributions from S&P Global Ratings' sustainability research and sustainable finance teams as well as our credit rating analysts (where listed). Chart 1 This forecast is based on broadly favorable external financing conditions in most African countries, a gradually growing track record of sustainable debt issuance, as well as a need 28 September 2026 13:01:27 GMThttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/092426-path-to-net-zero-politics-of-mineral-security-to-shape-miners-effortsThis is the fourth in a multi-part series on net-zero efforts across industries. The previous article can be found here. A major push by Western nations and their trading partners to secure critical mineral supply chains is reshaping the mining sector's net-zero efforts, experts told Platts, part of S&P Global Energy. Western nations have been working to reduce their reliance on China-dominated24 September 2026 13:30:27 GMTAnthony Rizkala ]]>https://www.spglobal.com/ratings/en/regulatory/article/japan-auto-brief-us-tariff-uncertainty-weighs-on-japanese-makers-s101705588This report does not constitute a rating action. A 50% U.S. tariff on Canadian auto imports could hurt earnings for Japanese automakers. Canadian-made autos exported to the U.S. in 2025 made up 3% of Toyota's total sales volume, and 10% for Honda. These proportions exceed overseas peers'. Nissan Motor Co. and Mitsubishi Motors Corp. don't manufacture in Canada. During negotiations on the United States-Mexico-Canada Agreement (USMCA), the U.S. announced plans to raise tariffs on vehicles and auto14 September 2026 03:23:54 GMThttps://www.spglobal.com/energy/en/news-research/blog/crude-oil/092826-insight-conversation-debangsu-ray-reliance-industriesWhile India's transport fuel demand is expected to continue growing into the next decade, Reliance Industries Ltd. views the Jamnagar refinery's scale, complexity and integration as the foundation of its resilience amid geopolitical volatility, margin pressure and the energy transition. In this interview, Reliance Industries Cluster President Debangsu Ray, who heads the company's Jamnagar refinery28 September 2026 06:31:56 GMTSambit Mohanty ]]>https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/092426-petrobras-saf-plant-delays-deepen-as-brazils-2027-mandate-loomsPetrobras is set to delay the start-up of all three of its dedicated sustainable aviation fuel plants by one year, pushing back a combined capacity of 45,000 barrels/day as Brazil's state oil company prepares a revised five-year business plan and with less than four months before the country's first binding SAF emissions targets take effect. The delays, disclosed by Petrobras Director of24 September 2026 19:26:29 GMTSamyak Pandey ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/092526-senegal-switzerland-authorize-article-62-carbon-credits-from-ev-projectSenegal and Switzerland have authorized the first carbon credits under their bilateral Article 6.2 agreement, backing a program to replace Dakar's aging diesel taxi fleet with electric vehicles in a deal that advances both countries' climate targets while opening a new front in Africa's quest to scale its carbon markets. The Senegal Mass Car Electrification program, developed by Motion Energy25 September 2026 14:10:57 GMTEklavya Gupte ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/092526-interview-eex-calls-for-clear-roadmap-regulatory-stability-on-go-temporal-matchingA clear roadmap and greater regulatory predictability are needed before the Guarantees of Origin market moves toward tighter temporal matching requirements, according to Aude Filippi, Director of Business Development for Gas and Sustainability Markets at the European Energy Exchange (EEX). Market participants need clarity on when new requirements will be implemented and how the transition will25 September 2026 14:51:26 GMTJuliet Stevenson Brown ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/092526-ec-urges-member-states-to-adopt-delayed-hydrogen-gas-laws-after-most-miss-deadlineThe European Commission has opened infringement procedures against most EU member states after all but Italy missed a deadline to adopt national laws on the hydrogen and decarbonized gas market, it said Sept. 25. Member states had until Aug. 5 to notify the EC of the full transposition of the Hydrogen and Decarbonized Gas Directive, adopted in 2024. The new directive updates the rules on the EU25 September 2026 14:44:43 GMTJames Burgess ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/091626-global-ai-data-center-air-conditioning-power-demand-stalling-energy-transition-etcSurging power demand from AI data centers and air conditioning — with much of this met by coal and gas-fired generation — has stalled the global energy transition despite clean energy deploying faster and more cheaply than anyone predicted, Energy Transitions Commission chair Adair Turner told Platts, part of S&P Global Energy, in an interview Sept. 14. The rapid renewables deployment was meeting16 September 2026 08:01:11 GMTJames Burgess ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/090726-yara-starts-up-europes-largest-co2-capture-plant-at-dutch-ammonia-siteYara International has started carbon capture operations at its Sluiskil ammonia site in the Netherlands, it said in a statement Sept. 7, marking the start of the largest such plant in Europe. The facility is designed to capture and liquefy up to 800,000 metric tons/year of CO2 from ammonia production at the site, shielding those volumes from European carbon taxation under the EU Emissions Trading07 September 2026 14:55:34 GMTMollie GormanJames Burgess ]]>https://www.spglobal.com/energy/en/news-research/latest-news/crude-oil/092326-diesel-export-ban-would-send-shockwaves-through-us-refining-systemA potential US ban on diesel exports might initially appear to be a straightforward way to increase domestic supply and lower prices, but the reality is far more complicated, analysts and industry watchers agree. While the concept of a US diesel export ban has been floated over the past few weeks amid record high prices, President Trump's Sept. 22 statement that "let's not send out the diesel"23 September 2026 12:21:13 GMTJanet McGurty ]]>https://www.spglobal.com/energy/en/news-research/latest-news/refined-products/092426-interview-dhl-sees-sharp-saf-price-gap-between-voluntary-and-compliance-marketsEurope's sustainable aviation fuel mandate has resulted in a two-tier market, with compliance markets commanding a significant premium, an official at DHL told Platts Sept. 24. The compliance cost passed through by fuel suppliers under the EU's SAF mandate is running at two to three times the price achievable in the voluntary market — sometimes at the same airport and from the same supplier, Tim24 September 2026 16:57:16 GMTThomas Washington ]]>https://www.spglobal.com/energy/en/news-research/latest-news/metals/092426-european-recyclers-to-fight-proposed-eu-metal-waste-export-ban-cmaThe Circular Metal Association — which represents metal recyclers in Europe and Germany — said the European Commission was treating recycled metals differently from other waste streams and that it intended to fight proposed export restrictions, according to a statement emailed to Platts Sept. 24. The draft delegated act under the Waste Shipment Regulation, published by the European Commission24 September 2026 17:45:24 GMTKatya Bouckley ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/092426-carbon-market-volatility-surges-as-ai-policy-shifts-reshape-us-canada-pricingCompliance carbon markets across the US and Canada are facing a wave of volatility and structural change, as panelists at the International Emissions Trading Association's North America Climate Summit pointed to the disruptive impacts of AI-driven electricity demand, regulatory reforms, and the uncertain pace of industrial decarbonization. The Regional Greenhouse Gas Initiative, the oldest24 September 2026 21:32:11 GMTLassana Fisiru ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/092126-hcee-india-2026-renewable-hydrogen-industry-shifts-focus-to-final-investment-constructionAs India enters the next phase of its clean energy transition, the industry will look for evidence that policy support, production incentives and investment commitments are translating into projects reaching final investment decisions and moving into construction. Policymakers and industry leaders will deliberate on the next steps for India's clean energy development, targeting a commercial stage21 September 2026 18:53:33 GMTRuchira Singh ]]>https://www.spglobal.com/energy/en/news-research/latest-news/electric-power/092226-path-to-net-zero-sustainability-now-support-actor-in-eu-energy-security-playThis is the second in a multi-part series on net-zero efforts across industries. The first part can be found here. European utilities are now navigating a policy paradigm shift as energy security takes center stage, with market observers pointing to stronger government support to unlock further investment in renewables. Most European utilities in Platts' annual survey of net-zero targets held on22 September 2026 13:45:25 GMTCamilla NaschertAlex Blackburne ]]>https://www.spglobal.com/energy/en/news-research/latest-news/electric-power/092326-path-to-net-zero-ai-build-out-tests-tech-sectors-emissions-trajectoryThis is the third in a multi-part series on net-zero efforts across industries. The previous article can be found here. The world's largest technology companies continue to reach milestones in renewable energy, even as the rapid expansion of AI infrastructure drives absolute emissions higher. The race to build out AI infrastructure is in full swing, with the five major hyperscalers — Amazon.com23 September 2026 13:45:02 GMTSTEFAN MODRICH ]]>https://www.spglobal.com/market-intelligence/en/news-insights/podcasts/private-markets-360/private-markets-360-episode-52-how-public-private-convergence-is-reshaping-asset-managementIn this episode of Private Markets 360°, we welcome Laura Kirk, Head of Private Investments Capital Formation and Investor Relations at Wellington Management. Laura discusses her career journey from Goldman Sachs to Wellington; the firm’s organically built private markets platform; and its approach to capital formation, fundraising, and client relationships. She also explores the evolving landscape for private markets, including public-private convergence, wealth-channel access, evergreen veh24 September 2026 04:00:00 GMTJocelyn LewisChris Sparenberghttps://www.spglobal.com/ratings/en/regulatory/article/sustainability-insights-climate-transition-trends-data-centers-are-scaling-faster-than-their-reported-sustainability-efforts-s101706528This report does not constitute a rating action. The sustainability trajectory of data centers is relevant outside the technology sector because these facilities are becoming part of the foundational infrastructure for modern economies. AI, cloud computing, streaming, decentralized finance, and digital business services increasingly rely on a rapidly expanding physical network of servers, cooling systems, and electricity infrastructure. At the same time, some stakeholders’ (such as local gover21 September 2026 13:49:31 GMThttps://www.spglobal.com/energy/en/news-research/blog/crude-oil/092426-why-this-energy-crisis-is-differentSpeaking to the British Parliament in 1913, as First Lord of the Admiralty overseeing the Royal Navy's controversial shift from Welsh coal to foreign oil, Winston Churchill said: "Safety and certainty in oil lie in variety, and variety alone." More than 110 years later, global oil supply has expanded dramatically and become far more diverse, with major producers across every region. So why did24 September 2026 07:59:09 GMTAtul Arya ]]>https://www.spglobal.com/ratings/en/regulatory/article/economic-outlook-us-q4-2026-solid-growth-this-year-before-a-slip-below-potential-in-2027-s101707891This report does not constitute a rating action. S&P Global Ratings forecasts the U.S. economy will grow 2.2% in 2026, up slightly from 2.1% in 2025, followed by below-potential growth in 2027 and 2028. We revised up our 2026 growth forecast (from 2.1% in June) after real GDP expanded 2.1% from a year earlier through the second quarter and with real-time tracking estimates pointing to strong sequential third-quarter growth. Private domestic demand remains solid, with consumer spending holding up23 September 2026 19:03:11 GMThttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/092326-us-business-leaders-eye-new-sustainability-ai-supply-chain-risk-strategiesGreen financing has strengthened since early 2025, and sustainability policies are being implemented in US corporations without much ado, investors said at a prominent climate event. At the five-day Climate Week 2026 conference held across New York City, attendees said corporate policies favoring clean energy and emission reductions are being applied in new ways. "It's not sustainability off to23 September 2026 21:02:16 GMTKarin Rives ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/092226-brazil-i-rec-issuances-reach-record-on-market-growthBrazilian International Renewable Energy Certificates issuances have reached a record high of 69.7 million megawatt-hour January through August, already surpassing the total issued in the entire previous year, according to the latest data from the I-TRACK Foundation. The figure indicates that the Brazilian I-REC market continues to grow steadily and is likely to reach a two-digit growth in 2026.22 September 2026 17:54:24 GMTFelipe Peroni ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/091626-interview-accu-developer-expects-no-major-safeguard-review-changesAustralia's Safeguard Mechanism review is unlikely to produce material changes to baseline decline rates or introduce caps on carbon credit use, with the program working well in its present form, according to Marc Train, CEO of Corporate Carbon, and Julien Gastaldi, CEO of Maki Planet Systems. Speaking to Platts, part of S&P Global Energy, in an exclusive interview Sept. 10, Train said the scale16 September 2026 13:47:46 GMTHimanshu Chauhan ]]>https://www.spglobal.com/energy/en/news-research/latest-news/electric-power/091526-energy-affordability-takes-center-stage-in-new-york-gubernatorial-electionEnergy affordability issues are at the forefront of New York's gubernatorial election, following the incumbent's moves to roll back parts of the state's ambitious climate law. Incumbent Governor Kathy Hochul (Democrat) led Republican challenger and Nassau County Executive Bruce Blakeman 49-39, according to a Siena Research Institute poll released Aug. 12. While New York has not had a Republican15 September 2026 15:25:11 GMTNoah Schwartz ]]>https://www.spglobal.com/energy/en/news-research/latest-news/electric-power/091126-where-states-stand-on-data-center-sales-tax-exemptions-ahead-of-us-midtermsHaving previously competed to lure data center development with a variety of tax incentives, states across the US are increasingly reconsidering the costs of these exemptions ahead of the US midterm elections. Eight states have moved to pause or repeal sales tax exemptions for data centers over May through August, according to an analysis by S&P Global Market Intelligence. Five states — Arizona,11 September 2026 16:42:33 GMTSarah Barry James ]]>https://www.spglobal.com/ratings/en/blog/french-investors-are-becoming-more-vigilantFrench institutional investors are adopting a more guarded stance. This indicates that current market conditions may not fully capture underlying risks. 12 May 2026 17:04:00 GMThttps://www.spglobal.com/energy/en/news-research/special-reports/energy-transition/horizons-top-cleantech-trends-2026Discover 2026’s top energy trends: AI-driven power demand, China’s cleantech dominance, grid modernization needs, and the future of global carbon accounting.09 December 2025 00:09:00 GMThttps://www.spglobal.com/market-intelligence/en/news-insights/podcasts/private-markets-360/private-markets-360-episode-51-davidson-kempners-approach-to-navigating-dislocation-in-private-marketsIn this episode of Private Markets 360°, we welcome Melanie Levine, Partner and Global Head of Client Partnerships and Business Development at Davidson Kempner. Melanie shares her insights on how Davidson Kempner differentiates itself in the competitive landscape, the impact of current market trends on investor allocations, and what lies ahead for private markets. Melanie also discusses her journey to Davidson Kempner, from being the second hire on the fundraising team to co-managing the client18 September 2026 04:00:00 GMTJocelyn LewisChris Sparenberghttps://www.spglobal.com/ratings/en/regulatory/article/economic-research-economic-outlook-europe-q4-2026-resilient-demand-meets-persistent-pressure-s101706636This report does not constitute a rating action. Resilient demand is lifting our 2026 growth expectations, but inflation pressure and higher rates persist. S&P Global Ratings expects the eurozone and U.K. economies to grow by 0.9% and 1.3%, respectively, in 2026, and by 1.1% in 2027. Compared with our previous forecast, we have revised growth higher for 2026, while the outlook for later years remains broadly unchanged. At the same time, we expect slightly lower inflation in 2026 and higher infla23 September 2026 08:17:57 GMThttps://www.spglobal.com/energy/en/news-research/blog/energy-transition/092326-et-highlights-data-centers-energy-transition-uk-hydrogen-pipeline-japan-airlines-co2-creditEnergy transition highlights: Our editors and analysts bring you the biggest stories from the industry this week, from renewables to storage to carbon prices.22 September 2026 20:05:00 GMTStaff https://www.spglobal.com/energy/en/news-research/latest-news/lng/091526-gastech-2026-indias-power-sector-likely-to-absorb-more-lng-as-prices-stabilizeIndia has no shortage of LNG demand, and the power sector offers significant potential to absorb additional volumes as prices stabilize and become more affordable, Petronet LNG Limited Managing Director and CEO Akshay Kumar Singh said Sept. 15 at an industry event. India uses about 28% of its natural gas in the fertilizer sector and about 24% in city gas distribution, including piped natural gas15 September 2026 15:01:58 GMTSurabhi Sahu ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/091426-india-i-rec-market-expands-amid-record-issuances-eyes-price-stability-panelIndia's International Renewable Energy Certificate market is growing rapidly, with record issuances and some of Asia's highest redemption rates, but lower prices and the need for more sophisticated procurement tools are emerging as key challenges, panelists said at I-TRACK Day India on Sept. 11. Issuances for 2025 vintage certificates reached a record 16.9 million on the Xpansiv Evident registry,14 September 2026 07:38:57 GMTAhmad afiq Muhammad zahir ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/092226-indonesia-maps-grid-strategy-for-hyperscale-data-center-boomIndonesia is planning to rapidly build the power infrastructure needed to support expected growth in artificial intelligence and hyperscale data centers, with government officials and the state electricity company outlining coordinated strategies to nearly tenfold national data center capacity by 2029 while managing grid pressures from a sharp rise in connected power capacity by 2034. At the Enlit22 September 2026 16:43:46 GMTRachel Tan ]]>https://www.spglobal.com/ratings/en/regulatory/article/abs-frontiers-are-direct-lending-feeder-funds-clos-in-disguise-s101703325This report does not constitute a rating action. RNFs are feeder funds that typically invest into a single limited partner (LP) interest in a master fund, creating tranched exposure to the LP interest through the issuance of one or more classes of debt and a residual equity component. By obtaining credit ratings on the debt instruments, certain institutional investors--such as insurance companies--may benefit from lower regulatory capital charges compared to direct equity investments in the unde22 September 2026 15:11:19 GMThttps://www.spglobal.com/energy/en/news-research/special-reports/energy-transition/energy-scenarios-report-2026Geopolitical disruption, rising import exposure, accelerating electricity demand and the intensifying impacts of climate change are reshaping the way policymakers and corporates think about energy and environmental security.04 September 2026 19:31:00 GMThttps://www.spglobal.com/energy/en/news-research/blog/crude-oil/092226-ctracker-asia-crude-indonesia-ethanol-lme-copper-european-carbon-brazil-power-pricesThe Asian oil industry is facing high prices and supply disruptions, while Indonesia is aiming at ethanol 20% gasoline plan. European carbon prices and Brazilian power prices are in focus this week. 22 September 2026 10:58:02 GMTStaff ]]>https://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/090926-infographic-regulatory-fragmentation-throws-wrench-into-europes-biomethane-market-growthAs governments race to scale renewable gases, biomethane markets are being shaped by a patchwork of rules that often differ across countries. Counterparties need to navigate shifting requirements for sustainability, certification, grid access, subsidies and emissions accounting in a rapidly evolving market, with prices varying across a range of specifications.09 September 2026 14:36:01 GMTIrina Breilean ]]>https://www.spglobal.com/ratings/en/regulatory/article/creditweek-will-affordability-challenges-translate-into-significant-credit-impacts-in-the-us-s101706960Beneath the U.S.’s current macroeconomic resilience and steady GDP growth, affordability pressures are building for many Americans, with potential credit implications for sectors including consumer products and retail, utilities, and U.S. public finance. Room for discretionary spending is shrinking for many amid decelerating real wage growth and rising costs for essential expenses. We view the potential for higher prices to curb consumer and business demand as a key credit risk for North Ameri17 September 2026 16:40:28 GMThttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/092126-ai-energy-surge-risks-eroding-record-renewables-gains-un-warnsArtificial intelligence's surging energy demands are undermining global climate efforts and driving up fossil fuel consumption, UN Climate Change Executive Secretary Simon Stiell warned Sept. 21, calling on tech industry leaders to align with climate goals or risk losing their social license to operate. Speaking at an event during Climate Week in New York, Stiell delivered some of his sharpest21 September 2026 13:01:27 GMTEklavya Gupte ]]>