The AI boom is making natural gas great again. As global climate ambitions falter and artificial intelligence drives a race for power, gas is regaining political and commercial appeal in a fast-moving push to generate power directly at data centres. Grid congestion, long lead times, and surging data centre loads mean energy policy – not venture capital – will shape who leads the global AI race. Shell sees natural gas demand rapidly rising into the 2040s under a scenario of robust economic growth and coal use decreasing across Asia. Natural gas will take on a transitional role in the scenario
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