Will Norway become an energy hub?

The next step for Norway as an energy nation Norway Energy hub is Equinor’s industrial plan for Norway’s future energy industry, placing Norway at centre stage in accelerating the energy transition. The plan can lead to 350 billion NOK in investments from the private sector.

Are renewables a smart investment in Norway?

Most homes in Norway are now equipped with smart meters allowing you to harvest solar energy, store it, and even sell it back to energy companies. This makes renewables a smart investment on several levels, and provides a strong incentive for people to get behind the technology. Businesses in Norway also see that the future is in renewables.

What is the future of renewables in Norway?

Businesses in Norway also see that the future is in renewables. In recent years an impressive number of start-ups and innovators have employed new technologies to help speed up Norway’s shift to renewables.

What percentage of Norway's energy comes from hydro-power?

While currently around 97 per cent of Norway’s energy already comes from hydro-power – an enviable accomplishment in itself – the government is now ambitiously pushing its population to make that last three per cent a reality.

Why do we want Norway to remain a stable exporter of energy?

We want Norway to retain its position as an important and stable exporter of energy to Europe. Together with partners, we are investing 50 billion NOK in emissions reductions on the NCS, developing offshore wind, CCS and early phase hydrogen projects. Now we’re raising the bar with a further ~100 billion NOK in investments.

Is solar a long-term solution for Norway?

Better still, according to Rohn, this is a solution that transcends Norway’s borders: “We see solar becoming the long-term solution for the world, because it gives you abundant energy and costs have gone down rapidly.” Just to be clear, Norway is far from squeaky clean when it comes to energy.