Thought Leadership
Signal vs noise: unpacking the energy sector’s path to rising demand
“Tune out the noise, track the signal,” was the counsel of H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, to the ADIPEC conference in Abu Dhabi. The ever-expanding event was dominated by the talk of more: more energy needs, more oil and gas demand, and more AI.
Making it add up: why fossil fuels play a vital role in energy addition
Global energy demand is increasing faster than ever. According to the International Energy Agency (IEA), demand grew more in 2024 than the average rate for the past 10 years.(1) This demand growth was across all types of energy, including renewables, fossil fuels, and nuclear.
The needs will only continue to grow in the years ahead. Demand for electricity will double by 2050, says the IEA, driven by electrification across industries, China’s energy transition, and the growing need to power the..