Wednesday, 24 October 2018
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NVE has published their annual report on the electricity market, the analysis outlines the future development of the Nordic electricity system, with an in-depth focus on the Norwegian market. The report is available in full here.
Large investments in wind power are expected in Norway, with 11 TWh being installed through the Elcert scheme in (support period ends in 2021). Another 10 TWh could be installed between 2022 to 2030, bringing annual wind power production to 25 TWh.
Norwegian electricity production is forecast to increase from 140 TWh today to 171 TWh in 2030. This could lead to an increase of around 27 TWh or 20% in the avai...