The global power sector is at a turning point in 2026. Electricity demand growth continues to accelerate, driven by an electrification push across all sectors and booming demand from data centers and transportation. At the same time, renewable energy capacity growth is decelerating due to regulatory hurdles and saturation in some markets, which make the financing of new projects more challenging. Still, these renewable sources, when combined, will become the largest source of power supply globally. Additionally, booming storage capacity and renewed…