Gas and oil are on a sharply divergent path. In BloombergNEF’s Economic Transition Scenario, oil demand peaks before the end of the decade, while gas demand continues to grow as expanding power systems seek reliable sources of generation. At the same time, constraints on everything from gas turbine supply chains to grid infrastructure are emerging as critical bottlenecks. So how does the global energy system evolve from here, and what do these competing pressures reveal about what lies ahead for the energy transition? On today’s show, Tom Rowlands-Rees is joined by Ian Berryman, BloombergNEF’s head of energy systems modeling, to discuss findings from the New Energy Outlook 2026.

Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com

Links to research notes from this episode:

New Energy Outlook 2026 - https://www.bnef.com/flagships/new-energy-outlook

Executive Summary - https://about.bnef.com/insights/clean-energy/new-energy-outlook/

Gas and oil are on a sharply divergent path. In BloombergNEF&rsquo;s Economic Transition Scenario, oil demand peaks before the end of the decade, while gas demand continues to grow as expanding power systems seek reliable sources of generation. At the same time, constraints on everything from gas turbine supply chains to grid infrastructure are emerging as critical bottlenecks. So how does the global energy system evolve from here, and what do these competing pressures reveal about what lies ahead for the energy transition? On today&rsquo;s show, Tom Rowlands-Rees is joined by Ian Berryman, BloombergNEF&rsquo;s head of energy systems modeling, to discuss findings from the New Energy Outlook 2026.
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF&lt;GO&gt; on the Bloomberg Terminal or on <a href="https://www.bnef.com/">bnef.com</a>
Links to research notes from this episode:
New Energy Outlook 2026 - <a href="https://www.bnef.com/flagships/new-energy-outlook">https://www.bnef.com/flagships/new-energy-outlook</a>
Executive Summary - <a href="https://about.bnef.com/insights/clean-energy/new-energy-outlook/">https://about.bnef.com/insights/clean-energy/new-energy-outlook/</a>

The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins and Tom Rowlands-Rees sit down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research.

The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins and Tom Rowlands-Rees sit down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research.

The future of energy, transport, sustainability and more from Bloomberg analysts

Switched On

What Explains the Growing Divide Between Oil and Gas

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/525ac7ea-c89f-4907-bd51-b45e013717b5/transcript