Draft, not yet released. In stewardship review. Not indexed until the first approved release.

References and record

Every source the edition rests on, the publication record, the corrections log and the open record.

13 min read0 figures1 table0 notesNR-SECTOR-ENERGY-GLOBAL-2026-BASELINE

Contents
  1. ·Edition home
  2. ·Executive summary
  3. 1Energy is where the systems meet
  4. 2Key findings
  5. 3Systems and sectors at baseline
  6. 4Risks and capability
  7. 5Fuel supply shock under a hot, high-demand season
  8. 6Readings from the other desks
  9. 7The 2027 agenda
  10. 8Systems in depth
  11. AMethodology
  12. BData appendix
  13. CReferences and record
    1. C.1 47 sources
    2. C.2 Publication record
    3. C.3 Corrections log
    4. C.4 Open record
    5. C.5 Where this edition sits among the six pillars
  14. ·Complete edition, for print

C.147 sources

NR-CIT-1, editor first. A DOI is linked where the source has one; Nexus records carry a UNI once the catalogue allocates it (NS-1).

  1. 1IEA (ed.), World Energy Investment 2026, launch presentation, Paris, 28 May 2026. International Energy Agency, Paris. Observation year 2026 (estimates, with 2025 data). Accessed 2026-11-03. Cited in the summary, chapter 2, chapter 3, chapter 4, chapter 6
  2. 2IEA (ed.), Global Energy Review 2026 (revised version, May 2026). International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03. Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 4, chapter 6, chapter 8
  3. 3IEA (ed.), Global Critical Minerals Outlook 2026 (revised version, July 2026). International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03. Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 4, chapter 6, chapter 7, chapter 8
  4. 4IEA (ed.), Energy and AI (World Energy Outlook Special Report). International Energy Agency, Paris, April 2025. Observation year 2024. Accessed 2026-11-03. Cited in the summary, chapter 1, chapter 2, chapter 4, chapter 6, chapter 7, chapter 8
  5. 5IEA (ed.), Gas 2025: Analysis and forecasts to 2030 (Gas Market Report, Q4-2025). International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03. Cited in chapter 2, chapter 6
  6. 6IEA (ed.), World Energy Outlook 2025, launch presentation, Paris, 12 November 2025. International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03. Cited in chapter 6, chapter 8
  7. 7Ember (ed.), Global Electricity Review 2026: 2025 in review (generation, demand, solar, coal). Ember, London. Observation year 2025. Accessed 2026-11-03. Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 4, chapter 6, chapter 8
  8. 8UN DESA Statistics Division (ed.), The Sustainable Development Goals Extended Report 2026, Goal 7 indicator storylines (inputs as of 30 April 2026). United Nations, New York. Observation year 2024. Accessed 2026-11-03. Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 6, chapter 8
  9. 9ENTSO-E (ed.), 28 April 2025 Iberian blackout: final report of the expert panel (publication page; report dated 20 March 2026). ENTSO-E, Brussels. Observation year 2025. Accessed 2026-11-03. Cited in chapter 1, chapter 2, chapter 3, chapter 4, chapter 6, chapter 8
  10. 10POST-CLOSE, context only: US Energy Information Administration (ed.), Short-Term Energy Outlook, October 2026 (released 6 October 2026, after the 30 September evidence close; post-close, context only, supports no baseline claim). EIA, Washington. Observation year 2026. Accessed 2026-11-03.
  11. 11UNVERIFIED, not opened: IEA (ed.), Oil Market Report, September 2026; flows through the strait of 7.6 mb/d in August, 2026 supply 100.7 mb/d and demand 102.5 mb/d, and taken from search-result summaries. International Energy Agency, Paris. Observation year 2026. Accessed 2026-11-03. Cited in the summary, chapter 1, chapter 2, chapter 4, chapter 5, chapter 6, chapter 7, chapter 8
  12. 12UNVERIFIED, not opened: IEA (ed.), collective action on emergency oil stocks agreed on 11 March 2026 (400 million barrels, the largest release in the agency’s history), with export volumes through the strait below 10% of pre-conflict levels and pre-war flows of about 20 mb/d, taken from search-result summaries; the release itself is also noted in the opened minerals outlook [3]. International Energy Agency, Paris. Observation year 2026. Accessed 2026-11-03. Cited in the summary, chapter 1, chapter 2, chapter 4, chapter 6, chapter 8
  13. 13UNVERIFIED, not opened: IEA (ed.), Gas Market Report, Q2-2026; Ras Laffan offline since early March 2026 and nearly a fifth of global LNG supply removed, taken from search-result summaries. International Energy Agency, Paris. Observation year 2026. Accessed 2026-11-03. Cited in chapter 1, chapter 2, chapter 4, chapter 6, chapter 8
  14. 14UNVERIFIED, not opened: IRENA (ed.), Renewable Capacity Statistics 2026 (about 692 GW added in 2025; 5,149 GW total), taken from search-result summaries; the page returned an access error. International Renewable Energy Agency, Abu Dhabi. Observation year 2025. Accessed 2026-11-03. Cited in chapter 6
  15. 15UNVERIFIED, not opened: Energy Institute (ed.), Statistical Review of World Energy 2026 (75th edition; fossil fuels about 86% of primary energy, hydropower 2.7%, electricity demand up 3%); values taken from a trade-press summary that was opened, not from the Review. Energy Institute, London. Observation year 2025. Accessed 2026-11-03. Cited in chapter 1, chapter 2, chapter 6, chapter 8
  16. 16UNVERIFIED, not opened: IEA (ed.), Electricity Mid-Year Update 2026 (23 July 2026; demand growth 3.6% in 2026 and 3.8% in 2027 in search summaries); no figure from it is used in a finding. International Energy Agency, Paris. Observation year 2026. Accessed 2026-11-03. Cited in chapter 6
  17. 17UNVERIFIED, not opened: IEA (ed.), World Energy Investment 2026, full report (clean energy about USD 2.2 trillion and fossil fuels about USD 1.2 trillion in search summaries). International Energy Agency, Paris. Observation year 2026. Accessed 2026-11-03. Cited in chapter 2
  18. 18UNVERIFIED, not opened: Shehabi, A. et al., 2024 United States Data Center Energy Usage Report, Lawrence Berkeley National Laboratory, Berkeley, December 2024; the page returned an access error and no figure is used. Observation year 2023. Accessed 2026-11-03. Cited in chapter 6
  19. 19UNVERIFIED, not opened: Shukla, P.R. et al. (eds.), Climate Change 2022: Mitigation of Climate Change, Contribution of Working Group III to the Sixth Assessment Report. IPCC, Geneva, 2022. Observation year 2022. Accessed 2026-11-03. Cited in chapter 6, chapter 8
  20. 20UNVERIFIED, not opened: UNFCCC (ed.), Outcome of the first global stocktake, decision 1/CMA.5 (December 2023; tripling renewable capacity and transitioning away from fossil fuels in energy systems), cited from memory. UNFCCC, Bonn. Observation year 2023. Accessed 2026-11-03. Cited in chapter 6
  21. 21UNVERIFIED, not opened: IEA (ed.), Net Zero Roadmap: A Global Pathway to Keep the 1.5 °C Goal in Reach, 2023 update. International Energy Agency, Paris. Observation year 2023. Accessed 2026-11-03. Cited in chapter 6
  22. 22UNVERIFIED, not opened: IEA (ed.), Electricity Grids and Secure Energy Transitions. International Energy Agency, Paris, 2023. Observation year 2023. Accessed 2026-11-03. Cited in chapter 4, chapter 6
  23. 23UNVERIFIED, not opened: IEA (ed.), World Energy Employment 2025. International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03. Cited in chapter 4
  24. 24UNVERIFIED, not opened: IEA (ed.), Energy Efficiency 2025. International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03. Cited in chapter 4
  25. 25UNVERIFIED, not opened: IEA (ed.), Oil 2025: Analysis and forecast to 2030. International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03. Cited in chapter 6
  26. 26UNVERIFIED, not opened: IEA (ed.), Electricity 2025: Analysis and forecast to 2027. International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03. Cited in chapter 6
  27. 27UNVERIFIED, not opened: IRENA (ed.), World Energy Transitions Outlook 2024. International Renewable Energy Agency, Abu Dhabi. Observation year 2024. Accessed 2026-11-03. Cited in chapter 6
  28. 28UNVERIFIED, not opened: IRENA (ed.), Tracking COP28 outcomes: tripling renewable power capacity and doubling energy efficiency by 2030. International Renewable Energy Agency, Abu Dhabi, 2024. Observation year 2024. Accessed 2026-11-03. Cited in chapter 6
  29. 29UNVERIFIED, not opened: IAEA (ed.), Energy, Electricity and Nuclear Power Estimates for the Period up to 2050, 2025 edition. International Atomic Energy Agency, Vienna. Observation year 2025. Accessed 2026-11-03. Cited in chapter 6
  30. 30UNVERIFIED, not opened: NERC (ed.), Long-Term Reliability Assessment, 2025 edition, North American Electric Reliability Corporation, Atlanta, cited from memory. Observation year 2025. Accessed 2026-11-03. Cited in chapter 4, chapter 6
  31. 31UNVERIFIED, not opened: UNEP (ed.), Emissions Gap Report 2025. United Nations Environment Programme, Nairobi. Observation year 2025. Accessed 2026-11-03. Cited in chapter 6
  32. 32UNVERIFIED, not opened: SEI, Climate Analytics, E3G, IISD and UNEP (eds.), The Production Gap Report 2023. Stockholm Environment Institute, Stockholm. Observation year 2023. Accessed 2026-11-03. Cited in chapter 6
  33. 33UNVERIFIED, not opened: Regulation (EU) 2024/1252 establishing a framework for a secure and sustainable supply of critical raw materials (Critical Raw Materials Act), Official Journal of the European Union, 2024, cited from memory. Observation year 2024. Accessed 2026-11-03. Cited in chapter 6
  34. 34UNVERIFIED, not opened: Regulation (EU) 2024/1747 amending Regulations (EU) 2019/942 and (EU) 2019/943 on the electricity market design, Official Journal of the European Union, 2024, cited from memory. Observation year 2024. Accessed 2026-11-03. Cited in chapter 3, chapter 6
  35. 35UNVERIFIED, not opened: Commission Delegated Regulation (EU) 2024/1366 establishing a network code on cybersecurity aspects of cross-border electricity flows, Official Journal of the European Union, 2024, cited from memory. Observation year 2024. Accessed 2026-11-03. Cited in chapter 3, chapter 4, chapter 6
  36. 36UNVERIFIED, not opened: ISO 50001:2018, Energy management systems: requirements with guidance for use. International Organization for Standardization, Geneva. Observation year 2018. Accessed 2026-11-03. Cited in chapter 4, chapter 6
  37. 37UNVERIFIED, not opened: IEC 62443 series, Security for industrial automation and control systems. International Electrotechnical Commission, Geneva. Observation year 2018. Accessed 2026-11-03. Cited in chapter 6
  38. 38UNVERIFIED, not opened: IEA (ed.), Climate Resilience for Energy Security. International Energy Agency, Paris, 2022. Observation year 2022. Accessed 2026-11-03. Cited in chapter 6
  39. 39UNVERIFIED, not opened: IEA (ed.), Renewables 2025: Analysis and forecasts to 2030. International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03. Cited in chapter 6
  40. 40UNVERIFIED, not opened: IEA (ed.), Global Hydrogen Review 2025. International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03. Cited in chapter 6
  41. 41UNVERIFIED, not opened: IEA (ed.), Global Methane Tracker 2025. International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03. Cited in chapter 6
  42. 42UNVERIFIED, not opened: IEA (ed.), Energy Technology Perspectives 2024. International Energy Agency, Paris. Observation year 2024. Accessed 2026-11-03. Cited in chapter 6
  43. 43UNVERIFIED, not opened: Davis, S.J. et al., Net-zero emissions energy systems, Science 360(6396), eaas9793, 2018, cited from memory. American Association for the Advancement of Science. Observation year 2018. Accessed 2026-11-03. Cited in chapter 3, chapter 4, chapter 6
  44. 44UNVERIFIED, not opened: Creutzig, F. et al., Towards demand-side solutions for mitigating climate change, Nature Climate Change 8, 260 to 263, 2018, cited from memory. Springer Nature. Observation year 2018. Accessed 2026-11-03. Cited in chapter 6
  45. 45UNVERIFIED, not opened: Ueckerdt, F. et al., Potential and risks of hydrogen-based e-fuels in climate change mitigation, Nature Climate Change 11, 384 to 393, 2021, cited from memory. Springer Nature. Observation year 2021. Accessed 2026-11-03. Cited in chapter 6
  46. 46UNVERIFIED, not opened: Zscheischler, J. et al., Future climate risk from compound events, Nature Climate Change 8, 469 to 477, 2018, cited from memory. Springer Nature. Observation year 2018. Accessed 2026-11-03. Cited in chapter 6
  47. 47US Energy Information Administration (ed.), Short-Term Energy Outlook, September 2026 (Brent about USD 91 a barrel in the fourth quarter of 2026; Middle East oil flows assumed constrained through the fourth quarter of 2026). EIA, Washington. Observation year 2026. Accessed 2026-11-03. Cited in the summary, chapter 1, chapter 2, chapter 3, chapter 5, chapter 6, chapter 7, chapter 8

C.2Publication record

Publication

Title
Global Energy Risk & Resilience Report 2026: Baseline Edition
Series
Reports · Global Sector Series GS-02
Edition
Baseline Edition 2026 · inaugural annual
Version
v1.0.0 · draft for stewardship review
Publication ID
NR-SECTOR-ENERGY-GLOBAL-2026-BASELINE-v1.0.0
Evidence close
30 September 2026
Publication date
October 2026
DOI
concept and version DOI at deposit

Publisher

Publisher of record
The Global Centre for Risk and Innovation (GCRI), for the Nexus Consortium
Place
Toronto
Editor
Saeed Valadbaygi, Chief Steward and Managing Editor
Stewards
GCRI · technical truth · the Global Risks Forum (GRF) · public meaning · the Global Risks Alliance (GRA) · capital meaning
Licence
text CC BY 4.0; data on the terms of each source
Copyright
© 2026 GCRI · Nexus Consortium
Language
English (en-GB) source edition
Correspondence
Registry correction pathway · editorial office

Colophon

Format
A4 portrait · screen, print and archival PDF
Typefaces
Space Grotesk (display) · Geist (text) · IBM Plex Sans Italic (standfirsts) · IBM Plex Mono (data)
Design standard
Reports Foundational Edition, Volume I, Part VII
Accessibility
tagged PDF and HTML targets; text alternatives for every figure
Production
Reports editorial team, GCRI

Release path for this version

Table C.1Release path for this version
StepWhat happensWhen
Drafteditorial self-check complete at evidence closeOctober 2026
Steward reviewfive passes on the exact draft (keys T · M · F · N)Q4 2026
Approvalpublication authority approves the exact digestbefore release
Depositconcept and version DOI minted; registry pointer setat release
Successionthe 2027 energy edition reports changes against this baseline2027
Current version
v1.0.0 draft, stewardship review
Previous edition
none, first edition of the series
Next edition
NR-SECTOR-ENERGY-GLOBAL-2027-v1.0.0
Latest version
resolve the concept DOI or the registry record
Correction route
Registry correction pathway
Notice types
erratum · addendum · supersession · withdrawal

C.3Corrections log

0correction notices. No edition has been released yet, so none can be corrected; the log below lists each edition’s current version.

EditionVersionDateStateChangeNotice
GS-02NR-SECTOR-ENERGY-GLOBAL-2026-BASELINE-v1.0.0October 2026DraftBaseline Edition 2026, inaugural annual edition,None

Notice types: erratum, addendum, supersession, withdrawal. A correction is a new version with a published notice; the earlier version stays resolvable, and no edition is ever edited in silence.

C.4Open record

This edition’s open record

Publication ID
NR-SECTOR-ENERGY-GLOBAL-2026-BASELINE-v1.0.0
Desk identifier and series alias
NR-SEC-GS-02-2026-BL
Collection
None
DOI
Concept and version DOI at deposit, on Zenodo with DataCite metadata
Versions
Each correction is a new version (isNewVersionOf); the concept DOI resolves to the latest
Bundle
RO-Crate 1.2 with CITATION.cff, CodeMeta and PROV-O provenance; a signed manifest
Licence
CC BY 4.0 (SPDX CC-BY-4.0) for original material; metadata CC0 1.0

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Account
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C.5Where this edition sits among the six pillars

Foundry seals the evidence and Universe tests it; Reports publishes it; Standards takes its corrections and Academy teaches from it.

  1. F03 Sealed observations and indicator series Foundry Sealed observations and indicator series behind a profile (closeout).
  2. F04 After-action and scenario findings for Universe After-action and scenario findings for chapters 10 and 13 (after action review).
  3. F05 National Portfolio movement for chapter Foundry National Portfolio movement for chapter 11 (after action review).
  4. Applied in editions Standards Nexus Standards: applied in editions.
  5. GS-02 edition Reports Global Energy 2026, published in every format with its sources, citation and corrections.
  6. F06 Method and correction findings as change Standards Method and correction findings as change proposals (correction).
  7. F12 Q4 synthesis informs the next-year Universe Q4 synthesis informs the next-year mandate (renewal).
  8. Taught in the open Academy Risk Academy: taught in the open.

What Foundry and Universe hand to this edition, and what it hands to Standards, Universe and Academy. From the programme spine; GS-02 is a drafted Baseline Edition, so these handoffs run from its first operational quarter.

HandoffBetweenWhat crosses, and when
F03Foundry to ReportsSealed observations and indicator series behind a profile (closeout).
F04Universe to ReportsAfter-action and scenario findings for chapters 10 and 13 (after action review).
F05Foundry to ReportsNational Portfolio movement for chapter 11 (after action review).
RingNexus Standards to ReportsNexus Standards: applied in editions.
F06Reports to Nexus StandardsMethod and correction findings as change proposals (correction).
F12Reports to UniverseQ4 synthesis informs the next-year mandate (renewal).
RingReports to Risk AcademyRisk Academy: taught in the open.

Cite this annex

Valadbaygi, S. (Ed.). (2026). Annex C: References and record. In Global Energy Risk and Resilience Report 2026: Baseline Edition, The State of the World’s Energy System. (Baseline Edition 2026, Report No. NR-SECTOR-ENERGY-GLOBAL-2026-BASELINE) [Draft under review]. The Global Centre for Risk and Innovation (GCRI).

Every citation form of the whole report, BibTeX and RIS included, is on the edition home. Cite this report

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Reports is the Consortium’s quarterly publication, written by six desks. This page sits with the GCRI Systems Evidence desk. What you know about this subject can become evidence, a case or a correction in the next edition, credited to you and published under CC BY 4.0 where it is your own work. Sent to the wrong desk, it is forwarded, not refused.

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Sector signature

The sectors behind Global Energy.

A reading aid: the sectors the findings run through and how strongly they depend on each other.

Select corners · hover lines6 / 15 relations

Signature

Energy and its partners

Energy gives power for transport and telecoms to infrastructure (0.8), pumping and treatment to water (0.5) and fertiliser, machinery and cold chains to food (0.5).

W · E · I · F · H · B

Sectors
4 of 6
Relations
6 of 15
Coupling
0.46 share of total

Strongest relations in play

  • Energy → Infrastructure · power for transport and telecoms0.8
  • Water → Energy · cooling water and hydropower0.6
  • Water → Food · irrigation0.8
  • Infrastructure → Water · pipes, dams and treatment works0.6
Teaching values for a typical city-region, not measurements for any place. Coupling is the summed strength of the relations in play, as a share of all fifteen.
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