Daily Update — June 3, 2025
Poland’s Energy Strategy; Chemical Producers Navigate Tariffs; and Private Equity Exits in Fossil Fuels
Today is Tuesday, June 3, 2025, and here’s your curated selection of Essential Intelligence on global markets from S&P Global. Subscribe to be notified of each new Daily Update.
Energy Transition & Sustainability
Unlocking Poland's energy storage potential
Poland's power sector is transitioning from coal, with the share of coal-fired power generation in the country expected to fall to 55% in 2025 and to 20% by 2030 from 90% in 2010, according to S&P Global Commodity Insights’ January Planning Case.
Integrating renewable energy sources has become a focus for the country's energy strategy. As the share of variable renewables grows, reliable energy storage solutions are becoming critical. Battery energy storage systems are emerging as a key technology to support this transition, offering reliability, grid stability and economic optimization solutions.
Global Trade
How are specialty chemical producers navigating tariff uncertainty?
Joe Dettinger, vice president of manufacturing and commercial programs at the Society of Chemical Manufacturers & Affiliates, joined the “Chemical Week” podcast to discuss the effects of trade tensions and uncertainty on specialty chemical producers. Key topics include how companies are contending with supply chain issues, how uncertainty affects demand and whether the recent softening of tensions has meaningfully improved the outlook.
Learn more about changes in the chemicals markets with S&P Global Commodity Insights’ Chemicals Market Data.
Private Markets
Private equity exits in fossil fuels poised to exceed 2024 levels
Global private equity exits in the fossil fuel sector, particularly in oil and gas, have significantly increased and are on track to exceed the total transaction value of 2024. From Jan. 1 to May 21, private equity exits in this industry reached $18.54 billion across 17 deals, closing in on the $19.41 billion total for full year 2024, S&P Global Market Intelligence reported.
This surge in divestments aligns with the US administration's January executive order to prioritize the development of domestic energy resources, including oil and natural gas. This uptick in the fossil fuel sector contrasts with the overall decline in private equity exits, which fell to a two-year low in the first quarter. During this period, trade sales emerged as the predominant exit strategy for oil and gas companies, followed by IPOs.
In case you missed it
- India could become a net exporter of sustainable aviation fuel, backed by its abundant agricultural residue and growing aviation sector, according to a senior Boeing official.
- Basmati rice exporters in Pakistan are preparing for a possible purchase tender from Iran in early June that could push prices higher.
- Southern European banks face larger-than-expected falls in lending income in the coming quarters as the European Central Bank cuts rates to address the possibility of an economic slowdown caused by US tariffs.
Upcoming events
- 2H 2025 Outlook for US Credit Unions: Growth and Asset Quality in Focus | June 5 (Webinar)
- Unlocking Opportunities: Global Metals Trends and Argentina's Mining Landscape | June 10 (Webinar)
- Simplifying ISDA Notices - Bringing a Modern Practice to a Critical Process | June 10 (Webinar)