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A few weeks ago, an obscure Chinese company, DeepSeek, caused panic in the internet technology business by offering almost the same product for a lot less. The big guys in the business, of course, pooh-poohed the new entrant and the market recovered, sort of. Technological change in energy takes longer…
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The Energy Tech Gap Between Solar and Oil & Gas
A few weeks ago, an obscure Chinese company, DeepSeek, caused panic in the internet technology business by offering almost the same product for a lot less. The big guys in the business, of course, pooh-poohed the new entrant and the market recovered, sort of. Technological change in energy takes longer…