Wednesday 5 October 2011

Norway: Europe’s Powerhouse?


Could Norway's policy commitment to de-carbonisation of its economy, just mean it is exporting production of its CO2 emmissions abroad?

Today, Norway is a global oil and gas exporter. What is less well known is that Norway is becoming an increasingly important supplier of electricity to Europe’s power markets. Statnett is the Norwegian state owned power utility that has become a significant player in the Scandinavian power market. Norway’s extensive hydro power resources have kept the lights on in Copenhagen, when the wind has failed to turn Denmark’s fleet of wind turbines. http://www.oxfordprospect.co.uk/Norway-Europe's-Powerhouse.html

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