Nordic Batteries’ Post

In an ocean of pessimistic articles about a self-sufficiant European battery industry, it's relieving to read articles like this. Last week, Finansavisen's Kapital published an article where Lars Lysdahl, partner in Rystad Energy, elaborates on reasons to invest in the European battery industry, and specifically in Norway. With cheap and green electricity, this energy-intensive industry is in advantagous to locate in Norway. Lysdahl also points out that batteries' competitiveness is not only based on price, which is the main source of scepticism around European battery industry. He mentions that lower geo-political risk increases the acceptance for stiffer prices, as well as sustainability. Taking a look at the oil-, hydropower- and aluminium industry, being behind the competitors has not been an obstacle for Norwegian production. There are therefore good reasons to believe that this industry, with is exponentially growing demand, has a bright future. Overall, Nordic Batteries are excited to participate in battery market during this rapid transformation, and provide optimism regarding the centralization of the battery production chain. As Truls Johansen in Elinor Batteries says: "It seems absurd to produce much needed batteries for storing renewable energy, but use fossil energy in the production". Thank you, Lars Lysdahl, for communicating the benefits and bright future of the Norwegian battery adventure. https://lnkd.in/dh6QVKsM #EnergyTransition #NordicBatteries #BatteryTechnology #sustainability #innovation #norwegianenergy #greenenergy #technology #startups #selfsufficiant #europeanenergy

Norge har klart å bygge ledende kapitalintensiv industri før

Norge har klart å bygge ledende kapitalintensiv industri før

finansavisen.no

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