Plugged In: the energy news podcast SUMMER SPECIAL Episode 4: CEO of Rystad Energy
Jul 24, 2025
Jarand Rystad, CEO and Founder of Rystad Energy, dives into the shifting landscape of global energy. He highlights the changes in China's oil demand and its transition from coal to renewables. The podcast discusses the complexities surrounding hydrogen production and the challenges of battery and solar power in Europe. Rystad also sheds light on the competitive dynamics between Europe and China, emphasizing the need for strategic responses in energy markets.
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China's Renewable Energy Leap
- China has rapidly advanced its renewable energy capacity, reaching ambitious targets years ahead of schedule.
- This shift has structurally reduced China's thermal electricity generation for the first time in decades.
China's Oil Demand Plateau
- China's oil demand is peaking, driven by growth in electric vehicles and structural changes.
- Petrochemical and jet fuel demand may still grow, but overall oil consumption is plateauing or declining soon.
Design Policies to Drive Green Investment
- Policymakers should design ambitious plans that make investing in green technologies economically sound.
- A clear regulatory framework encourages overinvestment in early-stage green technologies with long-term benefits.