Summary
One of the fastest growing industries in Norway is the renewable energy sector. The countries geographical location coupled with strong government initiatives has played a major role to attract investments in this segment. Growing demand for clean energy and the potential for hydro and wind energy are expected to boost the market.
The report begins with an overview of the industry indicating installed capacity growth and the electricity generated. Figures pertaining to the installed capacity for hydro and wind power have been provided. An analysis of drivers explains factors contributing to the huge potential based on the geographical distribution for power generation, high precipitation levels, technological developments, favourable water system and fluctuating crude oil prices and falling petroleum production. The key challenges identified include power distribution leading to cost escalations and conflicts with other business interests.
The report highlights the government bodies involved in renewable energy market. The major government programmes and initiatives forwarded by the government towards the development of the industry including Energy21, ENOVA, Offshore Renewable Energy Act, RENERGI as well as various international cooperation agreements have been discussed. The legal framework in the energy sector including various laws and acts to be considered in the application of a new project has been covered
Competition section profiles the major players in the market. The section contains a snapshot of their corporation, financial performance and business highlights, providing an insight into the existing competitive scenario.
Table of Contents
Page 1: Executive Summary
Overview
Page 2: Total renewable energy (including size and growth)
Page 3: Hydro power market (including market size and growth)
Page 4: Wind power market (including market size and growth)
Drivers & Challenges
Page 5: Summary
Page 6-9: Drivers
Page 10: Challenges
Government Bodies & Initiatives
Page 11-13: Major government bodies
Page 14-18: Major government initiatives
Legal Framework
Page 19-22: Legislation with regard to the renewable energy sector
Competition
Page 23: Overview
Page 24-29: Players in multiple energy markets
Page 30-31: Players in hydro energy market
Page 32-33: Players in wind energy market
Key developments
Page 34: Key Developments
Appendix
Page 35: Appendix I: Major hydropower stations
Page 36: Appendix II: Major waterfalls and growth in offshore wind power generation potential
Page 37: Appendix III: Wind power projects sanctioned by the government
Page 38: Appendix IV: Realized wind energy projects
