In 2025, the energy sector's perspective on hydrogen has transitioned from an initial wonder fuel to a more practical understanding of its limitations. Industry proponents gathered in Houston, Texas, at the CERAWeek by S&P Global energy conference to embrace this momentum shift. The Biden administration's emphasis on hydrogen for emissions reduction and job creation, through lucrative tax incentives, initially sparked a flurry of project proposals. However, the subsequent lengthy review process dampened the initial excitement. Despite this, industry experts like Chevron's vice president of hydrogen, Austin Knight, remain optimistic about real projects like the ACES Delta joint venture with Mitsubishi Power in Utah. These projects aim to convert renewable power into hydrogen for 'hard-to-abate' industries like steel and chemicals. The industry now values hydrogen as a precise tool for specific applications rather than a Swiss knife solution. The focus on practicality was evident at the CERAWeek conference, where the Hydrogen Hub was replaced with the New Energies Hub, underlining a broader approach to clean energy solutions. Companies like Black & Veatch are securing deals for renewable hydrogen plants, signaling a shift towards smaller, more sustainable projects. The emphasis now lies on projects with clear financial viability, offtake agreements, and a focus on industries seeking to reduce emissions. This shift represents a positive evolution in the clean energy sector, with a more pragmatic and financially sustainable approach to hydrogen projects.