Tagged: electricity

Japanese disasters boost Norwegian natural gas income

The price of natural gas on the world market has risen markedly in the wake of the earthquake, tsunami and  serious problems with the nuclear power plants in Japan. The reason? The electricity must...

Lower power production

The production of electricity amounted to 7 769 GWh in August, 19 per cent lower than the corresponding month last year. Lower inflow of water to the reservoirs and lower reservoir level in August 2010...

Increase in energy prices

The CPI grew 0.3 per cent in November. Prices of energy goods were the most important factors behind the growth. The CPI rose 1.5 per cent from November 2008 to November 2009, while CPI-ATE...

Moderate growth in energy consumption

The growth in the overall energy consumption in Norway has been moderate in the last decade, with a 3 per cent increase from 1998 to 2008. From 2007 to 2008, the consumption rose by...

Low electricity consumption, increased exports

The consumption of electricity in power intensive manufacturing is still record low. In September it was reduced by 23 percent compared with the corresponding month last year. Production remained almost unchanged, while exports increased...

Powerful increase in energy costs

In 2008, total energy use in manufacturing, mining and quarrying was 80 082 GWh, a small decrease from the previous year. However, total energy costs increased by 17.2 percent in the same period Record high...

Norway and Sweden seek joint green certificates by 2012

Norway and Sweden have signed an agreement to develop a common financial support system for renewable energies. The two Scandinavian countries aim to introduce a joint market-based system of ‘green certificates’ by 2012. Extra...

Norway to back industry power deals with $3.3 bln

OSLO, Aug 21 (Reuters) – Norway plans to establish a state guarantee scheme next year worth up to $3.3 billion to promote long-term electricity contracts in power-intensive industries, the government said on Friday. “The...