Jarand Rystad, the man behind Norway’s leading energy analysis house, Rystad Energy, believes we need to settle for continued high electricity prices for a while longer.
– The world lacks energy, says Rystad to Stavrum & Eikeland.
Watch the whole episode:
Listen to the episode as a podcast:
Regardless of the war or not in Ukraine, electricity prices will be much higher than normal. But if there is a war, we can get record high electricity prices. Europe is dependent on Russian gas and if it disappears, as much as 150 terrawatt must be replaced.
– This corresponds to the entire annual Norwegian hydropower production, says Rystad.
Rystad has faith in the green shift, but believes that the politicians and the authorities could have been even more furious about the porridge and driven harder with offshore wind.
– Offshore wind will be able to produce as much as today’s hydropower in 2050, says Rystad.
At Stavrum and Eikeland, Rystad explains the connections between Norwegian electricity prices and the international energy market, which gives an insight into why electricity prices are as high as they are.
He also answers whether the Chinese are the big winners in the green shift, whether the voters and the people have been led astray, whether there are enough renewable energy sources to cope with energy demand and not least whether electricity prices are not just a lottery.
Several episodes
Here you can hear several episodes of Stavrum & Eikeland on Nettavisen podcast or Spotify or Apple podcasts.
Guests have been former Prime Minister of Denmark, Helle Thorning-Schmidt, former Prime Minister Erna Solberg (H), Labor leader and current Prime Minister Jonas Gahr Støre, NRK’s Fredrik Solvang, influencer Linnea Myhre, athletics father Gjert Ingebrigtsen, finance chief Knut Brundtland, shipowner Herbjørn Hansson , as well as investors such as Jens Ulltveit-Moe, Jan Petter Sissener, Kristian Adolfsen, Johan H. Andresen and Reynir Indahl, to name a few.
–
