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Analyzing the Power Market in Norway

Norway power market: Latest market analysis presented

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2014-02-17 09:57:01 - Analyzing the Power Market in Norway - a new market research report on

Energy consumption per capita in Norway is among the highest of the OECD countries. Norway´s energy generation is dominated by hydropower. However, the country has also been focusing on the development of other forms of renewable energy generation. A major reason for this is that the country possesses abundant cheap hydropower resources. The presence of an energy intensive industrial sector has also boosted energy demand in the country, although Norway continues to be a net exporter of electricity, as energy consumption is less than generation.

Energy production in Norway is not restricted to hydropower alone, and the country possesses substantial reserves of oil and gas, which it produces and exports to other nations. Thermal power generation in the country comprises gas-



and oil-fired power plants.

Norway sells electricity to the Nord Pool spot AS on a wholesale level. Entities that hold trading licenses can trade electricity at the retail level. There are currently 33 suppliers in the country, which supply electricity to all of the grids. A total of 96 players operate in the entire country. Norway has gained expertise covering all stages of hydropower development, from planning and design to the delivery and installation of technical equipment.

Statkraft and E-Co Energi AS are the top layers in the industry.

We analyze the Power Market in Norway in its research offering Analyzing the Power Market in Norway. The report begins with a brief profile of the global energy industry and moves on to analyze the power situation in Western Europe. We analyze the power sources in the region as well as power consumption and generation statistics. We also include a geographic segmentation of the power market in Western Europe.

Moving on to the analysis of the power industry in Norway we look at industry statistics, the power consumption in Norway, installed capacity of power in the country as well as the regulations impacting the power industry.

The various power sources in Norway are also analyzed such as thermal power sources, renewable energy sources as well as nuclear power sources amongst others. The power trade in Norway is also looked at. Next we look at the power transmission and distribution network as well in Norway along with a brief profile of the electric grid in the country. Major power projects in the Norway are also analyzed.

The report wraps up with an analysis of the major industry players as well as the competition in the industry.

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Mike King
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