PRESS RELEASE: T. Rowe Price Launches Season 5 Of 'The Angle' Podcast Series With Exploration Of The Global Energy Sector

T. Rowe Price, a global investment management firm and a leader in retirement, announced the latest season of "The Angle," an investment-themed podcast focused on timely topics shaping financial markets.

In its fifth season, "The Angle" takes listeners on a dive into the current state and future of the global energy sector, with a focus on emerging themes shaping the industry landscape.

Throughout the season, host Jackie Fortner is joined by a distinguished lineup of guests, including Maria Elena Drew (head of Global Sustainability), Rick de los Reyes (natural resources portfolio manager), Priyal Maniar (natural resources investment analyst), Elliot Shue (corporate credit analyst), and Vineet Khanna (utilities investment analyst). Together, they explore a range of timely topics:

• Oil and Gas: The Persistent Role for Fossil Fuels
  Maniar and Shue examine the enduring importance of oil and gas in the global energy mix. The episode discusses the balance between long-term structural forces and short-term market shocks, the evolving narrative around "peak oil demand," and how fossil fuels and clean energy are set to coexist as the world transitions toward a future with more sustainable and reliable sources of energy.
• Energy Transition: Charting the Path to Cleaner and Cheaper Power
  Drew discusses the global energy transition, including how different regions are navigating the "energy trilemma" of sustainability, security, and affordability, and how technological and political shifts are accelerating the move toward zero-carbon and renewable energy sources.
• Fueling Intelligence: Energy's Critical Role in AI Evolution
  Khanna explores the interplay between energy infrastructure and the accelerating growth of artificial intelligence. As AI drives a surge in electricity demand, the episode investigates the challenges and opportunities facing utilities and the wider power industry, including the need for investment in generation and grid modernization.
• Beyond the Core: Advancing Nuclear Solutions for the Future
  In the season finale, de los Reyes and Drew discuss the resurgence of nuclear power as governments seek secure and low-carbon energy sources to meet rising demand-particularly from AI and digitalization. The conversation covers barriers to scaling nuclear capacity, the promise of small modular reactors (SMRs), and the critical role of uranium supply.

"Our goal with this season is to help investors, innovators, and policymakers better understand the dynamic energy landscape and the implications for global markets," said Fortner. "As we learn in this season, energy shifts take decades to play out, not years. There is no one-for-one instant swap. Through candid discussions with our investment experts, we aim to provide clarity on the forces driving commodity cycles, the realities of energy transition, and the investment and societal opportunities that lie ahead."

The new season also features personal stories from the field, highlighting the hands-on research and global perspective that inform T. Rowe Price's investment approach.

Episodes of "The Angle" are available across multiple platforms, including Spotify and Apple Podcasts. Future episodes will be announced as they are produced. For more information on the podcast please click here.