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Much of the hydrogen discourse over the past decade has been aspirational: visions of a clean hydrogen economy, deep decarbonization of industry and transport, and futuristic power systems built around electrolysis. In many of my earlier pieces on OilPrice, I warned that hydrogen was entering a “reality phase” — where hype must give way to execution, economics, and scaling. Now we are beginning to see real projects crossing the threshold, and the balance is shifting. But the path forward is fragile: execution, policy alignment,…
Concern has been rising that artificial intelligence is killing jobs, and there is evidence to support this. But in the energy industry, executives are loving AI. A fifth of energy companies are already using the technology, and an overwhelming majority of executives believe AI is a force for good. For energy, it has been. AI is driving energy demand much higher than ever before, and it has reasserted the reliability of supply as a top priority. In a report released this week, the UAE’s ADNOC and Microsoft reported that 87% of companies they…
Shipping and aviation are considered to be some of the hardest to abate sectors when it comes to decarbonization. Together, these two sectors account for a whopping 10% of global greenhouse gas emissions, and that figure is likely going to rise as more goods are shipped and more flights are booked each and every year. But a new biofuels breakthrough may provide a long-range fuel alternative for the heavy transport and aviation industries. Emissions from the aviation sector have quadrupled since the 1960s, even as flying has become more than twice…
After decades of stagnation, nuclear energy is staging a comeback — and it’s no longer the gigawatt-scale reactors of the past leading the charge. Small modular reactors, once dismissed as niche or speculative, have moved to the center of a global energy and geopolitical pivot. Their appeal lies in scalability, siting flexibility, and the promise of dedicated, carbon-free baseload power—a vital ingredient in an era defined by the AI energy demand surge and industrial decarbonization. The shift from ambitious blueprints to billion-dollar…
The government of Mozambique may not agree with the latest estimate for an LNG project led by TotalEnergies, which said earlier this week the price tag for the facility had gone up by $4.5 billion. The French supermajor attributed the cost increase to the four years, during which work on Mozambique LNG was suspended following a deadly attack by Islamist militants that promoted a force majeure. TotalEnergies lifted the force majeure this week but said the delay had caused a significant cost increase and asked the local government to extend the construction…
