High electricity production and net exports

Norwegian electricity production in August was 5.4 per cent higher than in August last year, and the second highest production level recorded in that month since the electricity statistics started in 1979.

Norway’s export of power totalled 2 554 GWh in August 2012, whereas imports came to 44 GWh. This gave a net export of 2 510 GWh. In the same month last year the net export totalled 2 148 GWh. Exchange of power between countries is determined by differences in generation and the consumption situation and prices, in addition to the capacity of the power lines.

The high electricity generation and the high net export may be seen in conjunction with a large amount of water in the Norwegian reservoirs and power system, Statistics Norway reports.

According to the Norwegian Water Resources and Energy Directorate, the reservoir filling was 86.4 per cent at the beginning of August (week 31). At the end of the month (week 35) the filling was 88.1. This is 9.1 percentage points higher than the same week in 2011.

Related news

Latest news

Jotne Subsea Gas Lift for Balder Field

In April 2015, Jotne E&P was awarded an EPC contract to build the subsea gas lift manifold for Exxon Mobil on the Balder Field.

Jotne Awarded Contract for Subsea Protection Structure

In January 2016, Jotne E&P was awarded a contract for the delivery of a subsea protection structure and GRP cover for a Xmas tree at Balder field. The contract was awarded by Ocean Installer.

UiB and CMR in high-tech collaboration

Students from UiB last month joined an experiment with an ultra-high-speed camera. This was a part of the troubleshooting of the Field Kelvin Probe currently under development.

Hatteland Display at International Workboat Show 2016

Hatteland Display are highlighting its diverse portfolio of maritime displays and panel computers on its booth (#1658) at the International Workboat Show 2016 (IWBS 2016) this week.

Servogear Announces Upcoming Events

Servogear announces a busy end of November, beginning of December. They will be participating at important international exhibitions.

Teamtec and ANDRITZ Cooperation

ANDRITZ and TeamTec have signed a cooperation agreement for worldwide marketing of the SeaSOx exhaust gas cleaning system for the maritime industry. 

Export Credit Norway looking for Norway's Best Exporter

Export Credit Norway  has now opened the nomination process for the 2017 Export Award, searching the Norwegian exporter of the year. 

Global Economic Outlook

7 December, Oslo Chamber of Commerce invites to a session with insightful updates on the Norwegian and international economy.

Rebuilding for Hydrogen

M/Y “Che Guevara”, previously owned by Gaddafi, will be converted to run on hydrogen. Greenstat will lead the project and are seeking partners.