Tag: Renewables and Energy Transition

Ignite Talks: The Future of Energy, with Hilde Tonne, Statnett CEO, Kristian Røkke, Aker Horizons CEO, and Kristin Kragseth, Petoro CEO

Analysts the world over say that it is no longer a question of if industrial companies will take the necessary steps toward cleaner, more efficient, more profitable operations. It’s a question of when and how. 

This upcoming Ignite Talks session will dive into how energy companies are evolving in response to the energy transition and using data and technology to transform their business — all the while improving their operations’ profitability and sustainability.

Sign up for all Ignite Talks sessions here.

Sovereign wealth funds and renewables

Last month, Norway’s $1.3 trillion sovereign wealth fund made its first investment into renewable energy infrastructure. The fund acquired a 50% ownership share in the Ørsted Borssele 1 & 2, the Netherlands’ largest offshore wind project. 

“Unlisted renewable energy infrastructure is a new asset class for the fund. We look forward to continuing to execute on our investment strategy for unlisted renewable energy infrastructure,” said Nicolai Tangen, CEO of Norges Bank Investment Management.

It’s not just Norway…

A shifting political climate, growing demands for more electricity, and expectations of a post-pandemic economic boom have some experts asking if offshore wind’s moment has finally arrived in the US.

Industry experts say offshore wind has reached a cost tipping point, a development driven by new technology, better and cheaper materials, and smarter use of data.

A shifting political climate, growing demands for more electricity, and expectations of a post-pandemic economic boom have some experts asking if offshore wind’s moment has finally arrived in the US.