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In November, DNV released "Energy Transition Norway 2022", a report that provides valuable insights into the country's future energy system. In this article, we share key takeaways from DNV's report and give an input into where Norway is heading.
Key takeaways:
- According to DNV, Norway is not on track to reach its climate targets. DNVs global forecast model demonstrates that Norway will only reduce its emissions by 25% instead of proclaimed 55% by 2030, and by 79% as opposed to net zero by midcentury (compared to 1990 levels).
- Norway is on track to have an electricity deficit between 2026 and 2030, a barrier to developing the green industry. Yet, if t...
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