• CERAWeek
  • March 18 - 22, 2024

Christer Af Geijerstam

Equinor

President, US Offshore Wind

Christer af Geijerstam is the President of Equinor Wind US. His organization is developing major offshore wind projects Empire Wind for New York and Boardwalk Wind for New Jersey in Equinor’s 80,000-acre offshore wind lease area in the New York Bight. His portfolio also includes Equinor’s recently-acquired 130,000 acre offshore wind lease off Massachusetts, and early development work in California. He is also a Vice President in the New Energy Solutions division of Equinor ASA, the global energy company. Christer began his work at Statoil in 2006, and has lead the development of large energy projects on three continents. He was also the chief of advisor to the CEO of Statoil (prior to the company’s renaming to Equinor). Before joining Equinor, Christer worked for the Norwegian Ministry of Petroleum and Energy as assistant director general in the Exploration Department. He holds a master’s degree in economics from the University of Oslo. Christer, his wife, and their three teenage children moved from Oslo to the New York area in 2017, upon his assignment leading Equinor’s pursuit of renewable energy development in the US.

Sessions With Christer Af Geijerstam

Thursday, 14 March

  • 07:30am - 08:45am (CST) / -

    Offshore Wind: The new frontier

    Panel Power Climate/Environment/Sustainability

    Offshore wind costs are falling in Europe, and earlier this year developers announced astonishingly low prices in the United States and Taiwan. Many countries across Asia, Europe, and North America are betting big that offshore wind can help green their power sector. At the same time, resources are being invested in floating offshore wind technologies, with the aim of unlocking a significant capacity potential in Europe, Japan, and the United States. As a result, the global offshore wind market is set to install over 430 GW of new capacity by 2050, over 80% of it in just six markets, requiring investments over US$ 1 trillion. However, as project complexity and competition from other renewables sources continue to increase, technology advances, supply chain consolidation, standardization, and the ability to leverage best practices from other sectors will be key for the success of this industry.