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To look ahead, we first need to look back. As 2025 came to an end, the energy market faced major shifts that influenced prices worldwide, but what were the biggest forces at play? In this video, Emma Trevor from npower Business Solutions (nBS) breaks down the five key drivers that shaped last year’s energy landscape - from global supply and demand trends to geopolitical factors and market volatility. She also shares expert insights on what these patterns could mean for businesses and consumers as we move into 2026. 00:00 - Introduction: what are the top five key drivers? 00:27 - First key driver: geopolitics 02:23 - Second key driver: global trade 02:48 - Third key driver: weather 03:41 - Fourth key driver: European gas storage 04:05 - Fifth key driver: liquefied natural gas 04:33 - Looking forward at the energy markets in 2026