Rystad Energy has launched Spektra, an AI-native market intelligence platform developed in collaboration with 78 leading energy companies, financial institutions and government agencies. The web-based platform consolidates the company's entire dataset into a single workspace, enabling faster access and analysis of energy data. Spektra integrates with tools like Copilot, ChatGPT and Claude through open MCP standards and includes AskRystad, a conversational AI tool for natural-language queries. The platform draws on over 20 years of proprietary data, covering 85,000 oil and gas fields, two million wells, 200,000 power and renewables assets, and 15,000 data centres. The platform is now available to all clients in beta, with full commercial launch scheduled for 20 August 2026.

Rystad Energy launches Spektra: the next-generation market intelligence platform, shaped by the clients who use it. New AI-native platform draws on 20+ years of proprietary energy data and was built and refined through a pilot program with 78 client companies. Oslo, June 29, 2026 (GLOBE NEWSWIRE) - Rystad Energy, a leading independent energy intelligence company, today announced the launch of Spektra, an entirely new AI-native platform that enables energy professionals to access, analyze and share energy data faster and more intuitively than ever. Web-based, lightning fast and designed around real-world advanced workflows, Spektra brings every Rystad Energy dataset into a single collaborative workspace, eliminating friction across the entire research process. Energy professionals who rely on market intelligence have long faced familiar frustrations: data spread across multiple tools, slow load times and interfaces not built around how analysts, traders and financial decision-makers actually work. The time-cost of these inefficiencies is real but often unrealized - and Spektra is built to change that. With built-in AI and API capabilities, and seamless integration with tools like Copilot, ChatGPT and Claude via open MCP standards, it has never been easier to access Rystad Energy's world-class data. "Reliable decision-making starts with better data and powerful tools. Spektra brings both of those qualities together in an intelligent platform that is fast, flexible and tailored to real workflows. It draws on 20 years of proprietary data, and integrated AI features allow users to interrogate our data in entirely new ways. The result is a platform that will help professionals navigate the future of energy with ease," said Jarand Rystad, founder and CEO of Rystad Energy. Spektra was developed and refined in close collaboration with our clients, including 78 of the world's leading energy companies, financial institutions and government agencies. Spektra runs entirely in the browser, meaning no installation or IT dependencies, and it works seamlessly across laptops, tablets and on mobile. Workspaces can incorporate multiple datasets and are shared by link, enabling easier collaboration and eliminating the need to switch between tools. Built on more than 20 years of independent research, Spektra draws on one of the energy sector's most comprehensive data universes, including 85,000 oil and gas fields, more than 2 million wells, 200,000+ power and renewables assets, and 15,000+ data centers, all independently sourced and verified. Feedback from users during the pilot phase was highly enthusiastic, with the platform's enhanced speed, stability and ease of use the most consistently cited improvements. Once users tried Spektra, many said there was no going back. "Interactive and straightforward," Middle East national oil company "This is the holy grail," global investment bank "Very user-friendly - I was able to learn how to navigate the platform in just a few minutes," Fortune 500 industrial company Today's beta launch is another step in the broader evolution of how clients interact with Rystad Energy. In addition to powerful web-based workspaces, Spektra comes with MCP connectors and an API gateway, giving clients the flexibility to consume and integrate capabilities in the way that works best for their role, team and organization. Spektra launches with our conversational AI tool, AskRystad, integrated directly into the platform, allowing users to query our datasets through a natural-language interface. Spektra is now available to all clients in beta, with the full commercial launch set for 20 August 2026, during Rystad Energy Innovate. Spektra is available to all Rystad Energy clients starting today. For more information, visit https://www.rystadenergy.com/ai-innovation-story About Rystad Energy Rystad Energy is a leading independent energy intelligence company dedicated to helping clients navigate the future of energy. By providing high-quality data and thought leadership, our international team empowers businesses, governments and organizations to make well-informed decisions. Our extensive portfolio of products and solutions covers all aspects of global energy fundamentals, spanning every corner of the oil and gas industry, the renewable energy sector, clean technologies, supply chains, and power markets. Headquartered in Oslo, Norway, with an expansive global network, our data, analysis, advisory, and education services provide clients a competitive edge in the market. Media contact Elliot Busby VP, Head of Media & Communications Rystad Energy [email protected] Attachments

Geothermal shifts from potential to delivery at WGC 2026. Rystad successful Market Briefing Breakfast (source: Rystad Energy) A joint Rystad Energy and ThinkGeoEnergy briefing at WGC 2026 highlighted how geothermal is moving from market potential to project delivery. A joint breakfast briefing hosted by Rystad Energy and ThinkGeoEnergy during the World Geothermal Congress 2026 in Calgary highlighted how the geothermal sector is entering a new phase, one increasingly defined by project execution rather than market awareness. Held on the sidelines of the congress, the breakfast meeting brought together industry leaders, investors, developers, and technology providers to discuss the findings of the recently published report, Geothermal at an Inflection Point: Market Dynamics, Technology Evolution, and Growth Pathways. The event marked the culmination of discussions between Rystad Energy and ThinkGeoEnergy that have taken place over the past two years through industry conferences, market discussions, and ongoing engagement with stakeholders across the geothermal sector. Those conversations ultimately led to a collaboration on a joint market report and the organisation of the breakfast briefing in Calgary, graciously lead by Rystad Energy. Bringing together complementary perspectives. While Rystad Energy contributes a global energy market perspective backed by extensive data and market intelligence, ThinkGeoEnergy brings nearly two decades of close engagement with geothermal projects, companies, investors, and policymakers worldwide. The objective of the collaboration was to combine these perspectives and provide a realistic assessment of where the geothermal market stands today and what factors will determine its future growth. "We're proud to have co-published Geothermal at an Inflection Point: Market Dynamics, Technology Evolution, and Growth Pathways," said Henning Bjorvik, Partner and Head of Renewables Research at Rystad Energy. "The report bridges market intelligence and on-the-ground industry insight to give a fuller picture of where geothermal stands today." The report concludes that geothermal is gaining strategic relevance as global energy markets increasingly seek firm, low-carbon solutions for both power generation and heating applications. Demand drivers continue to strengthen. Several themes discussed during the breakfast session reflected the report's findings. Electricity demand continues to grow rapidly, driven by data centres, digital infrastructure, electrification, and industrial expansion. At the same time, governments, utilities, and industrial users are seeking reliable energy sources that can support decarbonisation objectives while strengthening energy security. Participants also discussed how improvements in drilling performance, reservoir understanding, project development models, and financing structures are helping improve project economics and attract new sources of capital. On the heating side, geothermal is attracting increasing attention as municipalities and utilities seek alternatives to volatile fossil fuel markets and look for pathways to decarbonise district heating systems. These developments are contributing to a growing perception that geothermal is becoming increasingly bankable across both conventional and next-generation geothermal projects. Industry perspectives from across the value chain. A panel discussion brought together representatives from across the geothermal ecosystem. Attendees heard insights from Fervo Energy on the company's recent initial public offering, as well as perspectives from RBC Capital Markets, which has played a key role in geothermal project financing and acted as a joint bookrunner on the Fervo IPO. Additional contributions came from FutEra Power, which shared perspectives on geothermal development opportunities in Canada, and from Ormat Technologies, which discussed market developments, enhanced geothermal systems (EGS), and the role of technology innovation in scaling geothermal deployment. The discussion reinforced a recurring theme emerging throughout the World Geothermal Congress: the foundations for geothermal growth have strengthened considerably, but successful delivery remains the industry's primary challenge. From visibility to implementation. The report notes that geothermal's momentum is being supported by stronger policy frameworks, improving project finance structures, and increasing recognition of the technology's ability to provide both clean electricity and low-carbon heat. However, project development remains highly dependent on local conditions, regulatory frameworks, permitting timelines, drilling performance, and access to financing. As a result, growth is unlikely to be uniform across regions or technologies. The consensus emerging from both the report and the Calgary discussion was clear. The geothermal sector has largely moved beyond proving its relevance. The focus is increasingly shifting toward delivering projects at scale and translating growing market interest into installed capacity. ThinkGeoEnergy extends its thanks to Rystad Energy, particularly Henning Bjorvik, Alexandra Gerken, Shruti Raghuram and the wider Rystad team, for the collaborative effort behind both the report and the event. Appreciation is also extended to the panelists and participants who contributed their time and perspectives during a busy week at the World Geothermal Congress. It has been an absolute pleasure Alexander Richter