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  • Reebok Expands Football Roster with Signing of Elite European Defender Trevoh Chalobah

    New York, NY and London, UK – March 12 – Reebok, the iconic and irreverent sports culture brand, today announced a partnership with professional footballer Trevoh Chalobah, further strengthening the brand’s commitment to the global game.

    The signing builds on Reebok’s expanding presence in elite football following the recently announced partnership with Dušan Vlahović, as the brand continues to assemble a new generation of athletes ahead of its upcoming performance football launch.

    “Reebok is a brand with a deep history in sport, and being part of its return to football is exciting,” said Trevoh Chalobah. “The vision for the next chapter of Reebok Football is ambitious, and I’m proud to represent the brand on the pitch at this moment.”

    Known for his composure on the ball, tactical intelligence and defensive versatility, Chalobah has established himself as a reliable presence at the highest levels of European competition. On and off the pitch, his confident style and individuality reflect the disruptive, irreverent spirit that has long defined Reebok. His signing reflects Reebok’s strategy of partnering with athletes competing on the sport’s biggest stages as the brand strengthens its football platform.

    Chalobah joins a growing roster of athletes representing Reebok across global sport as the brand continues to expand its performance offering across football, basketball, golf and training.

  • With March 15 CA/Browser Forum Deadline Looming Total Economic Impact Study Quantifies Benefits of Automating Certificate Lifecycle Management

    Organizations Reduced Certificate-Related Incident Costs by $2.4M and Cut Renewal Effort from 30 Minutes to Seconds with the AppViewX Platform

     

    NEW YORK, March 12 — AppViewX, a leader in automated Certificate Lifecycle Management (CLM) and Public Key Infrastructure (PKI) software, today released findings from a commissioned February 2026 Forrester Consulting Total Economic Impact™ (TEI) study quantifying the operational and financial impact of lifecycle automation as SSL/TLS validity periods begin shrinking March 15 under the CA/Browser Forum schedule.

    The study, available here, found that a composite organization representative of interviewed customers using the AppViewX platform achieved:

    • 302% return on investment (ROI)
    • $3.9 million in total three-year, risk-adjusted benefits
    • $2.4 million reduction in certificate-related incident costs (three-year, risk-adjusted present value)
    • Less than six months payback

    “There were 15 major outages the year before, which dropped to three the next year after implementing AppViewX. In fact, these three outages were caused by certificates that we had decided not to migrate to AppViewX,” said a Senior Vice President of Data Protection at a financial services organization interviewed for the study.

    As certificate lifespans compress and renewal frequency increases, the study highlights the operational risk of manual processes and fragmented tooling. Forrester found that manual certificate renewals required approximately 30 minutes per certificate, while automated renewals through AppViewX reduced that effort to approximately 0.25 minutes.

    “The March 15 milestone signals more than a compliance change, it marks the beginning of a structural workload shift,” said Stephen Tarleton, Chief Operations Officer at AppViewX. “As validity periods shrink, renewal frequency accelerates and fundamentally changes the operating model for certificate management. Without centralized automation, enterprises risk diverting skilled engineers from higher-value security initiatives just to prevent certificate expirations.”

    Operational Impact of Shorter Validity Periods

    Under the CA/Browser Forum’s phased reduction schedule, certificate lifespans will continue to shorten in stages, increasing renewal frequency across hybrid, cloud, and machine identity environments. The Forrester study found that enterprises adopting centralized lifecycle automation materially reduced both the frequency and cost of certificate-related incidents while scaling certificate management without proportional staffing increases.

    Organizations that adopt modern certificate lifecycle management benefit from:

    • Greater protection against certificate-related outages
    • Faster mean time to resolution
    • Reduced application deployment cycles
    • Improved audit and regulatory compliance

    To address this complexity, the AppViewX platform centralizes and automates certificate lifecycle management through:

    • Automated certificate discovery and inventory
    • Policy-driven renewal and re-enrollment workflows
    • Centralized governance and compliance reporting
    • API-driven integration with DevOps and infrastructure pipelines

    See 47-Day Readiness at RSA Conference 2026

    AppViewX will demonstrate how enterprises are preparing for accelerated certificate renewal cycles at RSA Conference 2026, North Expo Booth #4236. Attendees can see how centralized lifecycle automation reduces renewal effort, mitigates outage risk, and strengthens governance as validity periods shrink.

  • DPIIT And Voltas Limited Join Hands To Accelerate Deeptech Innovation In India’s Cooling And Smart Appliance Ecosystem

    New Delhi, Mar 12th: Voltas Limited, a Tata Enterprise, has entered a strategic partnership with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, to strengthen industry–start-up collaboration and accelerate innovation in India’s cooling and smart appliance ecosystem. The partnership was formalised through the signing of a Memorandum of Understanding (MoU) between Dr. Sumeet Kumar Jarangal, Director, DPIIT, and Mr. Mukundan Menon, Managing Director, Voltas Limited, in the presence of senior officials from both organisations.

    The collaboration aims to support start-ups working on next-generation technologies across areas such as heating, ventilation and air conditioning (HVAC), advanced control systems, power electronics, artificial intelligence and machine learning-based diagnostics, IoT-enabled smart appliances, and digitalisation across manufacturing and service operations. As part of the collaboration, Voltas Limited and Startup India will explore organising innovation challenges under the Bharat Start-up Grand Challenge platform and hosting targeted hackathons aimed at solving industry-specific challenges.

    Speaking on the occasion, Shri Sanjiv, Joint Secretary, DPIIT, said the collaboration reflects the Government’s continued focus on strengthening industry–startup partnerships and promoting indigenous innovation in advanced manufacturing and deep-tech sectors. “Connecting start-ups with leading industry players will enable entrepreneurs to translate innovative ideas into scalable products and solutions with real-world applications,” he added.

    Dr. Sumeet Kumar Jarangal, Director, Start-up India, said DPIIT will facilitate deeper engagement between Voltas and the broader Start-up India ecosystem. “This will include expanding programme outreach, encouraging participation from DPIIT-recognised start-ups, and enabling collaborative initiatives such as innovation challenges, hackathons, and pilot programmes focused on emerging technologies,” he said.

    Mr. Mukundan Menon, Managing Director, Voltas Limited, said the partnership reflects Voltas’ commitment to strengthening India’s innovation ecosystem and supporting the development of next-generation cooling technologies. He further elaborated, collaboration with start-ups can play a key role in advancing energy-efficient cooling solutions, smart appliances, predictive diagnostics, and digital service platforms while enabling emerging technology entrepreneurs to scale their innovations.

    Under the partnership, Voltas will work closely with the Startup India initiative to identify and support high-potential start-ups aligned with emerging industry needs. Startups selected under the programme will gain access to mentorship, technical guidance, research and testing infrastructure, and market linkages to help accelerate product development and commercial adoption. These may include areas such as energy-efficient cooling systems, air-quality monitoring and filtration technologies, advanced inverter controls, predictive maintenance solutions, refrigerant safety systems, and digital tools for installation and servicing.  Selected start-ups may also participate in structured Proof-of-Concept (PoC) programmes, where they will collaborate with Voltas engineering teams for product validation and technology integration. The partnership will also facilitate field trials through Voltas’s service network to support testing, refinement, and eventual commercialisation of innovative solutions.

  • Andrea Lucille Pooler Appointed Chief Operating Officer of Modani Jewels, Soham Diamonds and S.N.J Creations

    New York, NY, March 12 — Modani Jewels, Soham Diamonds, and S.N.J. Creations are pleased to announce the appointment of Andrea Lucille Pooler as Chief Operating Officer for the group’s divisions.

    With more than 25 years of experience in the jewelry industry, Pooler combines strategic leadership with a deep understanding of both the artistry and business of fine jewelry. Her expertise spans manufacturing, retail, and wholesale channels, bridging creative direction with data-driven execution to help jewelry companies grow with structure and purpose.

    Andrea Lucille Pooler Appointed Chief Operating Officer of Modani Jewels, Soham Diamonds and S.N.J Creations

     

    Andrea began her career as a bench jeweler and designer and later owned her own retail jewelry store, gaining firsthand insight into craftsmanship, design, and customer experience. She went on to hold senior operations roles for one of the world’s largest B2C e-commerce jewelry brands, overseeing production, logistics, customer success, and process optimization for high-volume operations. Most recently, as Principal Consultant at Hill & Co., she led end-to-end business transformation and strategy projects for manufacturers, wholesalers, retailers, and designers, spanning operations and process improvement, financial strategy, branding, merchandising, technology implementation, and team development.

    Beyond her executive work, Pooler remains an active voice in the industry. She currently serves as Editor-in-Chief of THE SOURCE for the Community for Ethical Jewelry, Chair-head of the Women’s Jewelry Association NY Metro Chapter, resident volunteer jewelry appraiser for a retail hospice store, and Business Coach. A passionate advocate for education, mentorship, networking, and leadership, she is committed to empowering individuals and organizations to thrive within a more connected and transparent jewelry ecosystem.

    A frequent writer for industry publications, speaker, and educator.  Pooler has presented at JCK Las Vegas, international jewelry trade shows, the U.S. Small Business Administration, and a range of entrepreneurship and networking associations. Andrea will be presenting two talks at the upcoming JA NY  show, titled “AI without the Overwhelm” on March 15th at 1 pm, and “Curate Less, Run Lean: Why Merchandising and Operations Must Move Together” on March 16th at 1 pm.

    “Modani Jewels is pleased to welcome Andrea Lucille Pooler as its new Chief Operating Officer, strengthening the firm’s leadership team as it continues to scale operations and accelerate growth,” said Sumit Modani, CEO. “Pooler brings extensive operational and strategic experience and will play a key role in driving Modani Jewels, Soham Diamonds, and S.N.J Creations next chapter of expansion.”

    “I’m thrilled to join Sumit and the incredible team at Modani Jewels, Soham Diamonds, and S.N.J. Creations,” said Pooler. “This company has an inspiring heritage and a vision for the future that honors both tradition and innovation. I look forward to helping scale our operations, strengthen global systems, and expand our presence in key markets.”

    Led by Sumit Modani, Soham Diamonds is a third-generation family enterprise known for its craftsmanship, innovation, and integrity. Over the past several decades, the company has evolved from a traditional gemstone and diamond business into a vertically integrated jewelry manufacturer and global organization through its three core divisions: Modani Jewels, Soham Diamonds, and S.N.J. Creations, with offices in New York, Ohio, Mumbai, Hong Kong, and Dubai.

  • From Harsh Environments to the Field: Taiwan Develops a Practical Biological Pesticide

    Chemical pesticides remain a cornerstone of modern agriculture because they are reliable and effective. However, growing concerns about environmental impact, increasing resistance, and long-term sustainability have intensified the search for safer alternatives. Biological pesticides offer clear advantages, yet many fail to perform consistently in the field, breaking down under strong sunlight or proving difficult to integrate with existing agricultural practices.

    At National Kaohsiung Normal University, researchers set out to address this gap by rethinking how biological crop-protection agents are developed. Rather than relying solely on laboratory screening, the team focused on microorganisms that have already adapted to demanding natural environments. Led by Professor Chien-Yan Hsieh, the researchers isolated a strain of Bacillus amyloliquefaciens from mud volcano environments in southern Taiwan—areas characterized by intense sunlight and chemically challenging conditions.

    These harsh environments act as a natural filter. Microorganisms that survive there must tolerate stresses similar to those encountered in open agricultural fields. The selected bacterium produces iturin A, a naturally occurring antifungal compound widely reported to be effective against plant diseases and to have low toxicity to humans and animals. While iturin A has been studied internationally for many years, producing it efficiently at scale and ensuring stability under real-world conditions have remained persistent challenges.

    To overcome these barriers, the research team optimized fermentation processes across both solid-state and submerged systems, improving production efficiency while incorporating agricultural by-products, such as rice bran, to support more sustainable manufacturing. The formulation was also designed to tolerate ultraviolet exposure and remain compatible with commonly used chemical pesticides, allowing farmers to integrate the biological product into existing pest management programs rather than replacing them entirely.

  • Sarvam Hosts Dignity Dialogues 2026 While Expanding Chapters to Maharashtra and Karnataka

    Sarvam Hosts Dignity Dialogues 2026 While Expanding Chapters to Maharashtra and Karnataka

    Goa, Mar 12th: Sarvam, a Goa-based workplace culture and POSH awareness initiative committed to promoting safe, respectful and equitable workplaces, successfully hosted Dignity Dialogues 2026 – The Uncomfortable Truth Lab on the occasion of International Women’s Day 2026. The national level virtual conclave brought together professionals, leaders and workplace advocates to discuss dignity at work, gender equity and the importance of POSH awareness in organisations. Participants joined the dialogue from states like Maharashtra, Goa, Karnataka, Punjab, Uttarakhand and Delhi, reflecting the growing national interest in conversations around safe and inclusive workplaces. The organisation has also recently expanded its presence with new chapters in Maharashtra and Karnataka, strengthening its engagement with companies across regions to build workplaces rooted in dignity, accountability and inclusion.

    The conclave was initiated by Shivani Panigrahi, Regional Head – Karnataka at SARVAM for PoSH, and moderated by Ashwini Patwardhan, Founder of SARVAM for PoSH. The dialogue was thoughtfully conceptualised and curated by the SARVAM team under the expertise of Amit Jadhav, Regional Head – Maharashtra, reflecting the organisation’s continued commitment to meaningful conversations around workplace dignity.

    A key highlight of the conclave was a live social experiment conducted through anonymous audience polls, allowing participants to reflect on their own workplace experiences. The findings revealed common professional patterns, reinforcing the need for deeper conversations around workplace behaviour and culture.

    Insights from the social experiment conducted during the dialogue revealed a clear shift in workplace expectations: dignity at work is no longer seen as merely a compliance requirement. Instead, participants emphasised that the future of workplace culture will be defined not by the absence of complaints, but by the presence of dignity, trust and accountability embedded in everyday organisational behaviour.

    Speaking during the session, she said, “Sarvam was created with the belief that workplace dignity should never be treated as a checklist item. Our goal is to help organisations build cultures where people feel safe to speak, leadership takes accountability, and respect becomes a lived workplace value. What emerged from this dialogue is that employees today are no longer willing to accept silence as the price of professionalism — the real shift now is the expectation that dignity at work must be visible, measurable and actively upheld by leadership.”

    Opening the discussion, CA Pallavi Salgaocar, Finance Director at Geno Pharmaceuticals and Goa State President of Laghu Udyog Bharati, shared candid insights into the challenges faced by women entrepreneurs and professionals. She highlighted the persistent gender bias in venture funding, noting that women founders are often asked personal questions unrelated to business performance during funding meetings.

    Reflecting on these experiences, she emphasised the need for inclusive decision-making spaces where women leaders are respected for their expertise and vision from the outset.

    “Women should not have to prove their credibility every time they enter a room. The room itself must be inclusive enough to recognise competence and leadership without bias,” she said.

    Salgaocar further stressed that organisations must go beyond measuring productivity to actively assess fairness and representation, encouraging men to play a role in building inclusive cultures.

    Dignity at work is not a privilege it is a fundamental right. Conversations like these must continue beyond Women’s Day if we want to transform workplace culture in a meaningful way,” she added.

    The dialogue also featured CA Priyanka Chaturvedi Agrawal, Director and Co-Founder of Ally of Inclusion, former Director at KPMG India and ESG Director at BNP Paribas Global. She spoke about the role of the Prevention of Sexual Harassment (POSH) framework in strengthening workplace safety and highlighted how sexual harassment often stems from unchecked power dynamics and repeated microaggressions.

    “In many workplaces, silence has been normalised. People hesitate to call out behaviour because they fear being misunderstood or labelled difficult. But silence allows microaggressions and power misuse to continue unchecked,” she said.

    She further emphasised that prevention requires organisations to look beyond formal procedures.

    “True prevention is not only about having policies or committees in place. It is about creating environments where employees feel heard and safe enough to speak even when the issue is still unformed or uncomfortable to articulate,” Priyanka added.

    Notably, the session also saw strong participation from male professionals, reflecting the growing understanding that creating safe and respectful workplaces is a shared responsibility.

    Amit Jadhav, Regional Head – MaharashtraSarvam, emphasised the importance of continuing such conversations across organisations.

    “Workplace dignity cannot be built through policies alone. It is shaped by everyday behaviours, leadership accountability and the courage to question what has long been normalised. Conversations like Dignity Dialogues are meant to open that space where organisations can move beyond compliance and begin building cultures where respect and safety are lived values,” he said.

    Following the dialogue, speakers also noted that conversations around workplace dignity are gaining urgency as organisations revisit their compliance frameworks. Recently, the Government of Maharashtra directed workplaces in the state to conduct a PoSH compliance audit within 30 days, reinforcing the intent of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 to ensure safe and respectful workplaces.

    Responding to this growing need for awareness and compliance support, SARVAM for PoSH continues to work with organisations through training, advisory and culture-building initiatives. The organisation has also recently expanded its presence with new chapters in Maharashtra and Karnataka, strengthening its engagement with companies across regions to build workplaces rooted in dignity, accountability and inclusion.

    Through initiatives like Dignity Dialogues, Sarvam continues to work with organisations across sectors to strengthen POSH awareness, conduct training programmes and facilitate leadership conversations that build safe and inclusive workplace cultures.

    With participation from professionals across industries, the event concluded with a collective call for organisations to embed dignity and accountability into workplace culture, ensuring that conversations on gender equity and workplace safety continue long after International Women’s Day.

  • V-Guard Industries Names Reenaa Mithun Chittilappilly Non-Executive Director

    Kochi, Mar 12: Dr. Reenaa Mithun Chittilappilly has been appointed as Director of V-Guard Industries Ltd., one of India’s leading electrical and electronics brands. The Board of Directors had recommended her appointment as a Non-Independent Non-Executive Director, which was subsequently approved by the majority shareholders through a resolution passed on March 8, 2026. The appointment reflects the company’s continued focus on strengthening its corporate social responsibility (CSR) vision and deepening its engagement with communities. Her appointment is for a tenure of four years from January 28, 2026, to January 27, 2030.

    V-Guard Industries Names Reenaa Mithun Chittilappilly Non-Executive Director

     Dr. Reenaa Mithun Chittilappilly currently serves as Director of the V-Guard Foundation, where she has led several initiatives focused on community development and social impact. Under her leadership, the Foundation has implemented projects such as Edam, a counselling centre supporting women’s mental health, and Nari Shakthi, a programme aimed at empowering widows and single mothers through livelihood and support initiatives.

    In her expanded role on the Board, Dr. Reenaa Mithun Chittilappilly will contribute to advancing V-Guard’s CSR strategy and strengthening the company’s commitment to sustainable and socially responsible growth. The company believes her experience in driving community-focused initiatives will further deepen its engagement with society while reinforcing its long-term sustainability efforts.

  • From Landmark to Leading Role: Scoot and Singapore Tourism Board Recast the Merlion as a Protagonist in Singapore Superfans 2026 Campaign

    From Landmark to Leading Role:  Scoot and Singapore Tourism Board Recast the Merlion as a  Protagonist in Singapore Superfans 2026 Campaign

    Singapore, Mar 12th: In partnership with the Singapore Tourism Board (STB), Scoot, the low-cost subsidiary of Singapore Airlines (SIA), today unveiled the third edition of its Singapore Superfans campaign, a multi-market campaign that flips the script on how Singapore’s most recognisable icon shows up in culture. Instead of serving as just a photo opportunity, the Merlion takes centre stage as a self-aware, slightly mischievous character that ‘nudges’ travellers to discover more of the city. As the airline that enables travel to Singapore, Scoot provides the way in, while the Merlion gets visitors exploring.  

    The campaign’s launch film embraces high-energy nostalgia: a classic rock-inspired music video directed by acclaimed Singaporean director Peggy Goh, with music by Bumblebeat. In it, the Merlion ‘breaks character’; no longer a symbol in the background, but a protagonist with agency, urging viewers to go beyond the obvious and see Singapore through fresh lenses, in turn allowing him a well deserved break.

    The campaign brings this personality to life across Instagram, Red Note and TikTok through content that showcases the Merlion’s character whilst encouraging audience participation. Combining innovative creative technology* with human storytelling, the approach creates an ongoing narrative that invites viewers to engage and respond, taking the campaign beyond traditional one-off advertising.

    Mr Calvin Chan, Chief Commercial Officer, Scoot, said, “Travellers today are looking for experiences that feel personal, expressive and connected to culture, rather than being postcard perfect. This campaign reflects that shift by reimagining a familiar icon as an active character people can engage with and respond to. We’re creating new ways for audiences to connect with Singapore, whether they’re discovering it digitally or planning a future visit.”

    The campaign aligns with STB’s broader ‘We Don’t Wait For Fun’ campaign, which specifically targets Early Career travellers aged 25-39 who prioritise authentic and spontaneous experiences. This demographic represents a key segment for both STB and Scoot, characterised by their desire for culturally immersive travel. By reimagining Singapore’s iconic Merlion as a relatable and engaging protagonist, the campaign speaks directly to this audience’s preference for engaging and shareable experiences.

    Mr John Conceicao, Executive Director, Marketing Partnerships, Planning & Capability Development, Singapore Tourism Board, added, “For early-career travellers in particular, fun doesn’t wait for perfect plans or ideal moments. Fun starts when curiosity strikes. This collaboration captures that same spirit of ‘We Don’t Wait For Fun’, prompting travellers to explore our destination beyond our most familiar sights. Strategic partnerships, such as this collaboration with Scoot, amplify our reach to target markets whilst allowing us to engage with travellers in more impactful ways.”

    Launching on 12 March 2026 across Australia, China, India, Indonesia and Malaysia, the campaign extends into a creator-led social challenge: #MerlionMadeMeDoIt. Key opinion leaders in each market will kick off the challenge as they respond to the Merlion’s plea to “pose somewhere else”. In turn, they invite their audiences to propose the next viral photo-op moment in Singapore that does not involve the Merlion. Top entries from each market win trips to Singapore worth up to SGD 3,500, including flight, accommodation and exclusive experiences.

    To build on the momentum of the social activation, the campaign culminates in a limited-time sale designed to convert inspiration into travel. Travellers in Australia, China, India, Indonesia and Malaysia can enjoy special sale fares on Scoot flights to Singapore from 20 March to 27 March 2026, giving audiences who have engaged with the Merlion-led challenge a timely reason to turn curiosity into reality.

  • Wood Mackenzie: Middle East conflict drives European power price volatility as gas disruption removes 1.5 Mt LNG weekly from global markets

    LONDON/HOUSTON/SINGAPORE, March 12, 2026 – Gas supply disruption from the Middle East conflict will drive sustained volatility in European power markets, with TTF prices above €50/MWh passing through to electricity prices across major markets, according to Wood Mackenzie analysis published today.

    While European power is less dependent on gas, the disruption removes approximately 1.5 Mt per week (2.2 bcm) from global LNG markets—equivalent to 19% of global LNG exports. TTF day-ahead gas prices soared above €55/MWh ($18.7/mmBtu) on 9 March following QatarEnergy’s force majeure declaration the previous week. European gas storage sits 10% below last year’s levels following January’s cold spell. Europe’s ability to switch from gas to coal-fired generations in the power sector has declined sharply since 2022, with a 77% gas price increase now reducing gas generation by only 5%.

    “Europe added 306 TWh of low carbon power supply between 2022 and 2025, reducing fossil fuel dependence and resulting in the contribution of gas and coal falling by 292 TWh,” said Peter Osbaldstone, Research Director, Europe Power at Wood Mackenzie. “But gas generators still set marginal prices on a frequent basis in major markets. When TTF rises €30/MWh, German power prices follow with €40/MWh increases.”

    Osbaldstone added: “We’ve traded one vulnerability for another. Less overall gas dependence improves energy security. While gas’ role in power price formation varies by country, in Europe’s connected market its influence can be hard to avoid. Losing alternative supplies, such as coal capacity, means gas price shocks hit harder – Europe needs gas generation so it pays the price.”

    Key Facts:

    • Strait of Hormuz disruption removes 1.5 Mt LNG per week (2.2 bcm, or 19% of global exports)
    • TTF day-ahead prices topped €55/MWh on 9 March 2026, up from around €30/MWh pre-conflict
    • Gas correlation with power prices: R² = 0.97 in Germany, R² = 0.99 in Italy
    • European gas storage: 10% below 2025 levels after January 2026 cold spell
    • Low carbon supply share: 66% in 2025, up from 51% in 2022
    • 306 TWh low carbon supply added between 2022 and 2025
    • Fuel-switching capability in major power markets limited: 77% gas price increase reduces gas generation by only 5%
    • Potential coal switching capacity: approximately 20 TWh of additional power supply, primarily in Germany 

    Gas sets marginal prices despite reduced power supply share

    Renewable and low carbon sources now provide 66% of European supply, up from 56% in 2022. Between 2022 and 2025, low carbon supply increased by 306 TWh. Gas and coal’s contribution fell by 292 TWh over the same period.

    However, gas-fired plants continue setting prices in Italy, Great Britain and Germany as the source remains critical to system balance during periods when the availability of renewables is lower. . While Germany’s share of gas-fired supply has been lower than markets like Italy, Spain and Great Britain, it’s remained quite flat (around 18%) from 2022 to 2025 as nuclear phase-out completed and coal retirement mount. Looking forward, we expect the role of gas in German power price setting to increase towards 2030, as coal retirements continue to mount, a marked contrast to other markets.

    The limited fuel-switching flexibility locks in the linkage between gas and power prices. Wood Mackenzie analysis shows a 77% increase in gas prices—from €36/MWh to €64/MWh—reduces gas generation by only 5%. Coal-fired supply could increase by approximately 20 TWh, with German generators adding 12 TWh. Germany also maintains 4.5 GW of hard coal in strategic reserve, though with an average age of 50 years and limited recent running the capability of these generators to offer sustained support is uncertain.

    Policy intervention probability increases

    European governments spent €60 billion on crisis-related electricity subsidies in both 2022 and 2023 – despite lower wholesale prices in the latter of these years. Germany introduced subsidies to support industrial energy costs covering 2026-2028. During the 2022 energy crisis, governments implemented revenue caps ranging from €40/MWh to €180/MWh depending on technology and market. Spain and Portugal introduced agas price cap mechanism (€40-65/MWh), limiting the bids of gas-generators in Spain and Portugal and suppressing wholesale power prices from June 2022 through May 2023.

    “Affordability pressure is real and policy makers are very sensitive to it,” Osbaldstone said. “But the best policy outcomes must be time-limited and ideally avoid distorting wholesale price signals. We learned in 2022 that blunt interventions create unintended consequences.”

    Potential 2026 interventions include revenue caps, windfall taxes on generators, consumer subsidies and temporary market rule changes following 2022 precedents.

    Energy security returns to policy priority

    A prolonged disruption will strengthen the strategic case for renewables, nuclear, grid expansion and storage to reduce import dependence. Nuclear policy shifted in 2025. Sweden established state loan support of $25 billion for new nuclear build. Italy lifted its longstanding moratorium. Poland is advancing six reactors with $17 billion in direct investment support. Spain reconsidered operational extensions for plants approaching decommissioning dates originally set for completion by 2035.

    The REPowerEU initiative, launched May 2022 in response to Russia’s invasive of Ukraine and Europe’s ensuing gas supply disruption, delivered an 18% reduction in gas demand by end-2023 through voluntary measures. The program set targets for 45% renewable share by 2030 and strengthened gas storage requirements.

    The EU remains legally bound to 90% emissions reduction by 2040. Policy shifts will focus on sequencing and emphasis rather than reduced ambition. Europe’s political momentum remains firmly behind decarbonisation and reducing reliance on imported energy, but the path is becoming more complex.

    “Another supply shock this soon after 2022 will crystallise decisions that have moved slowly,” Osbaldstone said. “Nuclear timelines, grid investment, storage deployment, interconnection priorities—all get forced up the political agenda when energy security is threatened.”

    Market outlook depends on conflict duration and infrastructure damage

    Whether prices normalise quickly or risk premia persist depends on conflict duration and damage to export infrastructure. Assuming no damage to Qatar’s LNG facilities, restart would require approximately two weeks as production trains return sequentially. Construction at Qatar’s mega-trains will likely pause for the conflict’s duration, creating potential longer-term supply implications.

    Before the conflict, the global gas market appeared balanced at $11/mmBtu (€31/MWh), with more than 35 Mt of new LNG supply expected in 2026 and subdued Asian demand. Asian LNG prices for April 2026 delivery have climbed and are expected to trade at a premium to Atlantic basin prices as buyers seek alternatives.

  • Founders Forum Concludes Its Flagship India Forum in Mumbai

    Mumbai, Mar 12: Founders Forum concluded its flagship India Forum in Mumbai with leading tech entrepreneurs, CEOs, and capital allocators from venture capital, private equity and institutional investors. Part of Founders Forum’s global community, the closed-door, invite-only gathering saw over 130 founders, leaders, and investment partners attend and engage in insightful discussions on technological innovation, capital deployment, and long-term value creation across markets.

    Founders Forum Concludes Its Flagship India Forum in Mumbai

     The India edition was hosted in partnership with HSBC and Boston Consulting Group (BCG) and executed by integrated marketing firm Communicate India. Conversations during the forum covered themes including the evolving definition of the unicorn in a more measured funding environment, navigating India’s multi-market scale paradox, the state of capital deployment, practical applications of artificial intelligence within business, entering and expanding from the India market, climate and sustainability, founder capital journeys, investor decision-making standards, and the future of AI-driven storytelling.

    “The conversations in Mumbai reflected the exciting times for the Indian start-up community, which is focused on building enduring companies with strong technological foundations and long-term capital partnerships,” said Carolyn Dawson, CEO of Founders Forum Group.

    “India is one of the world’s most significant innovation economies, and what is encouraging is the depth and global ambition we continue to see from founders here. We met founders who’ve been building for global markets and sustainable growth, getting more competitive, efficient and ambitious all at once. It’s an exciting time for us to relaunch Founders Forum India and strengthen ties between them and our global community of investors, corporates, and scaled founders,” said Dawson.

    “India stands to benefit from a worldwide investment recalibration taking place. Markets that once felt like obvious bets are looking less predictable, pushing smart investors to diversify and think harder about where they want long-term exposure. What makes India’s momentum sustainable is the connective tissue between India and other leading innovation hubs. When founders and investors build trust across borders, collaboration becomes continuous rather than occasional, and that is how lasting global success is created. We are proud to help strengthen those bridges through Founders Forum India,” added Dawson.

    Founders Forum India saw speakers and delegates from across the country including founders from JSW One Platforms, Livspace, Rebel Foods, Pocket Aces, Ollo, Huma, Nothing, Cobra Beer, Shiprocket, EDT and Brahma AI, and principals from Chiratae Ventures, Blume Ventures, HSBC India, Boston Consulting Group (BCG), Stashfin, Kedaara Capital, IvyCap Ventures, Trifecta Capital, Stride Ventures, Netcore Cloud, and Pittie Group, among many others.

    Founded in London in 2005, Founders Forum began as an intimate, peer-to-peer gathering of European tech entrepreneurs seeking more honest and practical dialogues similar to those found in Silicon Valley peer groups at the time. Since then, Founders Forum Group has hosted more than 40 forums across 20+ cities worldwide and built a group of businesses supporting founders from early formation through to global scale and exit. Its flagship global forum recently marked its 20th anniversary, convening many of the world’s most influential founders and investors.

    Past Founders Forum gatherings have brought together leaders from across technology, capital, and public life. Previous attendees include; Daniel Ek (Spotify), Sir Demis Hassabis (DeepMind), Aravind Srinivas (Perplexity), Greg Peters (Netflix), Toyin Ajayi (Cityblock Health), Rene Haas (ARM), Stella Li (BYD), Roy Reznik (Wiz), Whitney Wolfe-Herd (Bumble), David Allemann (On Running), Jamie Dimon (JPMorgan Chase), Anne Boden (Starling Bank) and many more.