Fresh report points to hydrogen as a future industry in Norway
The fresh McKinsey report «Norge i morgen” presents an optimistic view of Norway in 2030 if “our potential is utilized to the fullest”.
The consultancy agency points to 10 industries capable of compensating for the future decline in oil and gas revenues. These 10 industries can potentially lead to 310 billion NOK in increased economic growth (BNP) and 210.000 jobs in Norway.
According to McKinsey, Norway could be a leading nation in the production and export of hydrogen and hydrogen technology. However, it all boils down to Norway’s ambition and the willingness to set clear targets and most importantly, act on them. In Frithjof Norman Lund, CEO of McKinsey Norway, own words: we need to step on the gas!
Read the report here.
The 10 industries:
Hydrogen: BNP 71 billion NOK and 33.000 jobs
Havvind: BNP 24 billion NOK and 36.000 jobs
Batteries: BNP 40 billion NOK and 33.000 jobs
CCS: BNP 15 billion NOK and 15.000 jobs
Green maritime industry: BNP 11 billion NOK 10.000 jobs
Industrial software: BNP 27 billion NOK and 26.000 jobs
Circularity: BNP 46 billion NOK and 14.000 jobs
Aquaculture: BNP 54 billion NOK and 18.000 jobs
Tourism: BNP 14 billion NOK and 17.000 jobs