.When it comes to energy, Jarand Rystad is the numbers guy. The former McKinsey & Company partner founded Oslo-based Rystad Energy, an independent research and energy intelligence company that sells data and analysis on oil, gas, coal and renewable forms of energy.
FRANKFURT, Germany — When it comes to energy, Jarand Rystad is the numbers guy. The former McKinsey & Company partner founded Oslo -based Rystad Energy, an independent research and energy intelligence company that sells data and analysis on oil, gas, coal and renewable forms of energy.
Peak oil, we were in a very good place with EV adoption in Europe and America though it has stalled a little bit due to lack of subsidies. And then we have peak gas, which as you know, consumption is going down in Europe much faster than anyone believed. So taking these three fossil fuels - coal, oil and gas - in aggregate, I think we are talking about maybe the end of this decade will be a peak for fossil, maybe even slightly before.
Q: The energy transition is sometimes viewed as a matter of banning things and introducing things that are going to cost more. Can you speak to that?
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