This is a profile image of Christer Tryggestad

Christer Tryggestad

Senior PartnerOslo

A leader of our global Electric Power and Natural Gas (EPNG) and Oil and Gas (O&G) Practices; also leads the Knowledge Committee of the Global EPNG Practice and McKinsey’s Scandinavian energy sector

Christer serves clients in the energy space on topics along the entire oil-and-gas and power value chains, including upstream oil and gas, energy trading and marketing, conventional and renewable power generation, transmission and distribution, energy retail, and district heating. In addition, Christer has worked extensively with energy intensive industries.

Christer has covered a wide range of functional topics in his client work. Recent examples include:

  • developing a Nordic growth strategy for power sales, grid operations, and district heating for a Scandinavian power company
  • evaluating acquisition opportunities within renewable energy in Europe for a private-equity company
  • implementing a new organizational structure and core processes for a leading oil company
  • implementing an integrated performance-improvement program, covering both operating-expenditure and capital-expenditure levers for a global oil-and-gas company
  • establishing processes for development and evaluation of employees and leading workshops to strengthen leadership in group—top-team alignment for a large Northern European power utility

In addition to his client work, Christer has led a series of knowledge initiatives within energy. He leads the work to develop and maintain McKinsey’s Global Energy Perspective (GEP). Furthermore, he has led the following knowledge efforts: developing an overall European gas supply-and-demand perspective; developing McKinsey’s proprietary global gas model and using this to outline a global gas perspective, including LNG flows; crafting an integrated power perspective for Europe (interplay between gas, coal, nuclear power, and renewables); assessing future power price volatility and flexibility measures (including demand flexibility in connection with smart-grid applications) in the European power market; and developing the European power CEO perspective that outlines McKinsey’s view on how the market is expected to develop.

Published Work

Global Energy Perspective 2023: CO2 emissions outlook,” McKinsey & Company, January 2024

Global Energy Perspective 2023: Industrial electrification outlook,” McKinsey & Company, January 2024

Unlocking opportunities from industrial electrification,” McKinsey & Company, July 2022

Capturing the battery value-chain opportunity,” McKinsey & Company, January 2022

Curbing methane emissions: How five industries can counter a major climate threat,” McKinsey & Company, September 2021

Climate math: What a 1.5-degree pathway would take,” McKinsey Quarterly, April 2020

The decoupling of GDP and energy growth: A CEO guide,” McKinsey Quarterly, April 2019

Five key questions clients ask about our energy demand outlook to 2050 ,” McKinsey & Company, November 2018

The new rules of competition in energy storage,” McKinsey & Company, June 2018

What if the latest wind and solar auction results were the new reality of electricity prices?,” McKinsey & Company, March 2018

The future of HR in oil and gas,” McKinsey & Company, June 2017

Education

INSEAD
MBA

Norwegian Institute of Technology
MS, technical cybernetics