Sparks fly over the EU energy union

Debate over whether Norway should join the EU’s new energy union, and thus subject itself to EU market regulation, was reaching fever pitch this week. The issue has divided not only the Parliament but also the already-weakened Labour Party, as fears rise over the potential for much higher electricity rates that would hurt not only […]

Government saves a scenic waterway

Advocates of the environment and great outdoors could finally celebrate a victory over the Norwegian government on Monday, when Prime Minister Erna Solberg and Oil Minister Terje Søviknes announced they would protect a scenic waterway in the mountains of their home county of Hordaland in Western Norway. It’s called Øystesevassdraget, and it’s been the site […]

Biofuel may backfire as a budget bluff

Plans by the Norwegian government to mandate usage of much more biofuel, as another so-called “green” measure that helped secure last year’s state budget compromise, may end up backfiring as little more than a budget bluff. New statistics suggest that more production and consumption of biofuel may actually raise carbon emissions instead of lowering them, and at another huge […]

Mixed reaction to Statkraft privatization

A proposal to sell off some of the state’s stock in the now wholly state-owned electricity producer Statkraft has received a mixed reaction from the Members of Parliament who’d need to approve the partial privatization. The proposal, put forward by the Conservative Party that leads Norway’s minority coalition government, is backed by its two small […]

IEA urges higher electricity rates

If there’s one thing that’s relatively reasonably priced in Norway, it’s electricity, but international experts think electricity rates could and should double within the next 15 years. They also think diesel- and gasoline-driven cars will all but disappear by 2050. These are among conclusions in a new report from the International Energy Agency (IEA), the independent organization set […]

Single households assert themselves

More than half of all households in Oslo are now made up of just one person living alone, according to state statistics SSB. Singles also account for around 40 percent of households nationwide, and now they’re joining forces to protest alleged discrimination. The singles don’t think it’s right, for example, that they pay the same amount […]

Reaction mixed to huge windmill plan

Both praise and objections were blowing around Norwegian plans announced on Tuesday to go ahead with what’s billed as the largest land-based windmill project in Europe. State-owned energy firm Statkraft, local utility TrønderEnergi and an investor consortium called Nordic Wind Power plan to build the windmills on the Fosen peninsula, at Hitra and in Snillfjord. It’s […]

Oslo Stock Exchange defies oil price dive

Despite the economic turbulence in Norway that’s been fueled by the dive in oil prices, the Oslo Stock Exchange could report an overall increase of 5.6 percent in its main index when the trading year ended. The index closed at 610.26, marking the fourth year in a row of rising share prices. The increase was […]

‘Green growth’ predicted for 2016

Researchers think 2016 will be the year that mainland-based businesses and services in Norway will start growing again, with renewable energy ventures finally showing some “hardcore” growth. Per Espen Stoknes of the Norwegian Business School BI told newspaper Dagsavisen that rates for solar and wind energy may fall and that there will be a “considerable” increase […]

Winds blew right for Statoil boss

Irene Rummelhoff, Statoil’s new top boss in charge of renewable energy, was grinning from ear to ear this week after the company could announce some good news for a change. After months of cutbacks in other areas, Statoil made “the final investment decision” to build the world’s first floating wind farm, and Rummelhoff will be in […]