As 2025 comes to a close, our team sat down for a candid, end-of-year conversation on the headlines that defined energy markets this year. The discussion was intentionally informal—complete with ugly sweaters and even a surprise Santa appearance—but the insights were anything but light.
Over the past year, energy buyers navigated a market shaped by growing large-load demand, persistent infrastructure constraints, evolving policy signals, and continued volatility across power and natural-gas markets. Data centers, electrification, and AI-driven load growth increasingly collided with grid planning realities, forcing buyers to think more strategically about risk, reliability, and long-term pricing exposure.
In the video, we reflect on the developments that mattered most in 2025 and, more importantly, what they signal for 2026. From tightening reserve margins to shifting fuel dynamics and the expanding role of analytics in procurement decisions, one theme was consistent: energy strategy is no longer a “set it and forget it” exercise.
Video: Energy Discussion with Santa
This conversation also serves as a preview of our 2026 Energy Playbook, which dives deeper into the trends shaping power and natural-gas markets and outlines practical considerations for buyers planning budgets, contracts, and risk strategies in the year ahead. We will be expanding on these themes during our January webinar, where we’ll move from headlines to actionable guidance.
We appreciate the opportunity to stay connected with clients and partners as the year winds down. Whether you’re watching the video for insights, a smile, or both, we look forward to continuing the conversation in 2026.