Societies need to stop thinking of energy as something abundant, the boss of one of Europe’s biggest gas companies has said as he warned that bills will remain higher for years.
Equinor chief executive Anders Opedal said that a lot of energy has been wasted as countries got used to cheap oil and gas. But after Russia escalated its war with Ukraine, the European energy market has lost its biggest supplier of gas, a vital fuel for much of the economy.
“I think we need to treat energy as something that is not abundant. It actually has a value. I think we’ve had a lot of cheap energy in the past and we’ve probably wasted some of it,” he told BBC Radio 4’s Today programme. “So, to make sure that we are making the right investments everyone wants to use as little energy as possible.”
