Approximately five years ago, Equinor announced that enough was enough. It was clear early on that the gas-fired power plant Mongstad was a far cry from being a money-spinner. This might even have been evident from the beginning given that Ørsted in 2013 – a mere three years after the plant’s inauguration – noted a loss of DKK 160m after selling it for DKK 1.7bn to the Norwegian oil company. But the consistent and severe operating losses led Equinor to announce the gradual phase-out of the plant in February 2017.