Who says the energy market isn’t exciting? President Trump’s Iran war might be backfiring on his fight against renewables. A study projects the electrical equipment market will grow from $20 billion to $65 billion over the next four years, with data centers accounting for 40%. And hydropower may be poised for a comeback.  

Meanwhile, outlooks for oil and gas diverge: one study forecasts a 24% decline, while a major producer has increased its 2026 production guidance by 3% and added $150 million in capital spending. Read on to learn more. 

—Theresa Houck, Senior Editor