Andreas Schierenbeck, CEO of Hitachi Energy, shares insights from the World Economic Forum in Davos. He discusses the unstoppable electricity supercycle, driven by electrification and digital demand. The conversation highlights how AI and renewables are revolutionizing energy solutions and the critical role of electricity in transitioning from fossil fuels. Schierenbeck emphasizes Hitachi’s commitment to sustainability and the challenges of managing grid demands, particularly in Norway, while advocating for cooperation to enhance energy security.

Andreas Schierenbeck, CEO of Hitachi Energy, shares insights into the grid equipment bottleneck affecting renewable energy deployment. He discusses the complex manufacturing of transformers and the long lead times for essential components. The conversation addresses investment trends and the urgency of scaling production to meet rising energy demands. Additionally, the challenges of recruitment amid geographic supply chain issues highlight the necessity of strategic planning and collaboration to enhance infrastructure efficiency and support a cleaner energy future.