The World's #1 Renewable Energy Network for News, Information, and Companies.

Norway May Boost Hydro Output 12% by 2020, Survey Shows

Norway May Boost Hydro Output 12% by 2020, Survey Shows

Norway, Europe's biggest producer of hydropower, may increase annual production by 12 percent through 2020 as the country strives to meet EU targets for higher renewable energy output, an investor survey showed.

Hydropower investors are ready to build new plants and upgrade existing stations, adding at least 15 terawatt-hours of annual output to Norway’s average 130 terawatt-hours over the next eight years, a survey published today by the Oslo-based Center for International Climate and Environmental Research, Cicero, showed.

“Investors believe in a surprisingly high potential for raising production,” Kristin Linnerud, senior research fellow at Cicero, said today by e-mail from the Norwegian capital.

According to an agreement with the EU, Norway must step up the share of renewable energy in gross final energy consumption to 67.5 percent by 2020, an increase of 6.4 percentage points from 2010. Meanwhile, Norway and Sweden plan to boost annual renewable power production by 13.2 terawatt-hours each by 2020, using electricity certificate subsidies tradeable in both countries.

Altogether, hydropower developers have identified a potential for raising annual output by as much as 20 terawatt- hours, the survey showed. “However, they may underestimate the complexity and costs related to winning licensing from Norway’s water resources and energy directorate. I think 10 to 12 terawatt hours is more realistic, when accounting for limiting factors such as access to financing and power grids,” Linnerud said.

The Nordic country gets 99 percent of its electricity consumption by running water through turbines. Increases in power production are subject to permits from Norway’s Water Resources and Energy Directorate.

Norway could double installed capacity in its hydropower plants if it builds new cross-border links to ship the surplus electricity abroad, Christian Rynning-Toennesen, chief executive officer of Statkraft SF, Norway’s biggest power producer, said on Jan. 11.

Copyright 2013 Bloomberg

Lead image: Norway via Shutterstock


Major US Corporations Pledge To Increase Renewable Energy Usage, Decrease Carbon Footprint

Justin Sink, Bloomberg Executives from 13 major U.S. corporations are announcing at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Na...
Cannonsville Dam leaking

Cannonsville Dam: Work Being Performed To Repair Leak at Future Hydro Site

Elizabeth Ingram

The New York City Department of Environmental Protection announced work is under way to repair Cannonsville Dam, which has been leaking muddy water.

Regional News from the July/August 2015 Digital Edition of Renewable Energy World

Renewable Energy World Editors EcoFasten Solar announced that it launched a new mounting "Rock-It System" that it would be displaying during Intersolar. Product compliance was determined through testing per UL Subject 2703, which reviews integ...


Volume 18, Issue 4


To register for our free
e-Newsletters, subscribe today:



5th Annual Hydro Plant Maintenance

Join maintenance professionals to discuss the challenges in maintenance ...

StartUp Green

AREI, American Renewable Energy Institute, in partnership with ...

Renewable Energy 2015

Renewable Energy 2015 (RE 2015) is Vermont’s annual convention bri...


Clean Energy Patents Maintain High Levels in First Quarter, Solar L...

U.S. patents for Clean Energy technologies from the first quarter of 201...

SAP for Utilities Blog

The Eventful Group produces the annual SAP for Utilites Conference ...

Renewables make huge strides globally in 2014

Renewable sources of energy are making an increasing impact on the globa...


Tweet the Editors! @megcichon @jennrunyon


Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now