Electricity Industry Profiles—Norway
Electricity Industry Profiles—Norway
Electrification of Transport will Drive New Investment in Renewable Energy, Forecast to be €5.90 Billion during 2015–2030
14-Sep-2017
Europe
Description
Norway is already almost entirely powered by renewable energy, with hydro traditionally dominating. The investment of €5.90 billion in a combination of wind, hydro, and other renewable energy will boost the share of RES in the electricity generation mix to 99% by 2030. Increasing interconnections will lead to greater integration of Nordpool (The Nordic electricity market) with the Baltic states and the wider EU electricity market. This will improve the resilience of the European market and boost renewable energy. Frost & Sullivan projects that with surplus renewable energy sources (RES), Norway could become Europe’s Green Battery. Norwegian natural gas will play an important supply role as an alternative to coal, reducing CO2 emissions in Europe.
Table of Contents
Executive Summary—Norway
Research Scope
Research Profile
Forecasting Methodology
Key Findings
Drivers and Restraints
Drivers and Restraints Explained
Electricity Market Overview
Energy Policy
Energy Policy (continued)
Energy Policy (continued)
Fuel Mix Forecast
Installed Capacity Forecast
Power Investment in Euro
Support Mechanisms & Major Incentives
Electricity Generation
Electricity Retail Market
Transmission Network
Growth Opportunity 1—Vertical Integration
Strategic Imperatives for Power and Energy Companies
Legal Disclaimer
The Frost & Sullivan Story
Value Proposition: Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
Related Research
Popular Topics
No Index | No |
---|---|
Podcast | No |
Author | Swagath Navin Manohar |
Industries | Energy |
WIP Number | 9AAE-00-63-00-00 |
Is Prebook | No |