The saying "when the going gets tough - the tough gets going" is what will prevail in the time to come. That is also the synopsis of last week’s ONS in Stavanger, Norway. With the current power crisis in Europe and the geopolitical challenges, the energy transition required to reach our targets, can seem difficult to accomplish.
The ONS Foundation is a world-leading, non-profit organisation facilitating discussions and collaboration on energy, technology and innovation. The event took place last week, and the theme for this year’s happening was trust.
To gain trust, the presence of 3 elements is of great importance. Positive relationships, expertise and good judgement and consistency – all which are challenged now in the times of instabilities, war and economic uncertainties.
The global community is re-establishing and needs to find new paths. What will the geopolitical repositioning look like; which alliances will emerge and who will and can rely on who? How has the pandemic altered economics, international collaborations and energy markets? And which opportunities arise and how will energy investors respond?
In what has been defined as an energy crisis in Europe, there are more question on how we can manage the transition to renewables than ever before. Yet there is little doubt that it is needed, nor that there is a strong will amongst governments, institutions and companies – to push it through. As Dr. Fatih Birol, leader of the IAE, stated during his speech on the opening session at the ONS: “We must not think that the impossible isn’t possible”
There is a need for more renewable energy, more batteries, more grid and more chargers - the entire transition depends on it. That was also the recurring topic of many of the sessions during ONS. With the knowledge that we will be dependant on oil and gas for some time, we need to keep searching for new innovations, solutions and collaborations – to accelerate the efforts.
Even Mr. Musk paid the event a visit – and according to him – to show gratitude towards Norway and for proving the rest of the world that the transition to electric mobility is possible.
And it is in this exact sweet-spot Mer is positioned to accelerate the shift – in Norway, in Sweden, in UK, in Germany and in Austria. With over 125 years of experience in renewable energy through Statkraft and over a decade in the EV industry – Mer is ready to accelerate the efforts in our present markets.
"I came here out of gratitude for the Norwegian people's support for electric vehicles and I would like to say thank you for Norwegians' support for sustainable transport over many years!"
— Elon Musk
On the very first day of ONS, Mer's CEO Kristoffer Thoner attended a panel debate on "Batterys role in the electrification of the society". Also attending was:
The discussion was moderated by Christer Tryggestad, senior partner in McKinsey.
What became evident during this session and what the moderator so perfectly summarized at the end, was the following:
"These are fantastic opportunities, and looking apart from the geopolitical challenges – this is definitely an exciting time!"
— Kristoffer Thoner, CEO of Mer