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Norway floating wind farms may be profitable by 2035

Floating offshore wind turbines in Norway could prove profitable for developers as early as 2035, removing the need for government subsidies, Boston Consulting Group (BCG) said on Tuesday.

read more... 16/08/2023

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Norway to avoid power supply deficit next 5 years

A slowdown in electricity consumption growth means Norway is likely to maintain a surplus in power supply in the next five years, albeit one that narrows from 20 TWh this year to 4 TWh in 2028, energy agency NVE said on Monday.

read more... 15/08/2023

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Norway approves connection of Western Europe's largest LNG plant to grid

Norway has approved a plan to connect Equinor's Hammerfest liquefied natural gas (LNG) plant to the national power grid in a bid to cut greenhouse gas emissions, despite local opposition, the government said on Tuesday.

read more... 09/08/2023

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Germany commits to ‘blue hydrogen’ in updated national strategy

Germany’s updated hydrogen strategy, unveiled on Wednesday (26 July) places heavy emphasis on imports from Denmark and Norway while securing “blue hydrogen” production from fossil gas using CCS technology to mitigate the related emissions.

read more... 27/07/2023

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Norway approves more than $18 billion in oil, gas investments

Norway's government said on Wednesday it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come.

read more... 30/06/2023

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