Renewable Energy - Norway - Sample


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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.

Published in: Technology, Business
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  • Nice image. By simply looking at it you can really tell that it speaks about environment is the solution to the problems that we are facing right now. The bulb symbolizes the electricity and a solution. Inside it you can see to where the answer lies. So I guess just by basing from the image from this presentation, it will give you an idea that our natural resources like this renewable energy resources such as wind energy which is the ultimate solution in producing a safe and free power supply.
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Renewable Energy - Norway - Sample

  1. 1. Renewable Energy - Norway August - 2009
  2. 2. Executive Summary Norway is the leading producer of electricity based on renewable energy sources Market Hydro and wind energy generation is the predominant in the sector In 20--, installed capacity stands at XX MW while electricity generated is pegged at YY GWh LE Drivers: Conducive geographical distribution for power generation, high precipitation levels, P technological developments, favorable water system and fluctuating crude oil prices and falling Drivers & petroleum production Challenges interests S M Challenges: Power distribution leading to cost escalations and conflicts with other business A Energy21 – Promotion of environmentally friendly consumption and generation of energy ENOVA – Strategy for research and development of technology within the energy sector Introduction of the Offshore Renewable Energy Act – Creating a regulatory framework for Government offshore wind plants Initiatives RENERGI Programme – Clean energy for the future International Cooperation – Participating towards expanding markets and in order to partake in latest technological advancements Company 1 is the leading player in Norway accounting for generating a% of total market Major Players Multiple Energy Markets Hydro Power Wind Power Competition Company 2 Company 4 Company 6 Company 3 Company 5 Company 7 RENEWABLE ENERGY – NORWAY.PPT 2
  3. 3. •Market Overview •Drivers & Challenges •Government Bodies & Initiatives •Legal Framework •Competition •Key Developments •Appendix RENEWABLE ENERGY – NORWAY.PPT 3
  4. 4. The liberalized regime in the renewable energy sector in Norway has led to a strongly growing market Overview Installed Capacity •In Europe, Norway is the leading producer of MW electricity based on renewable energy sources 40,000 z% LE •Renewable energy is the primary source of V W X Y 30,000 U electricity generation •Hydro and wind energy generation is the predominant in this segment MP 20,000 10,000 •Players in solar and bio-fuel market are SA prevalent however they cater primarily to the export market due to the lack of domestic demand 0 2004 2005 Electricity Generation (GWh) 2006 2007 2008 Thermal Power •Private ownership is found in all areas of the Hydro Power power sector (generation, transmission and Wind Power GWh trading) Q S T 150,000 R e% P b% d% ~b% of the private companies are solely engaged c% a% in trading 100,000 g% i% j% •Expected to have access to up to L TWh of 50,000 f% h% renewable energy in 20-- -20-- 0 k% l% m% n% o% 2004 2005 2006 2007 2008 Source: RENEWABLE ENERGY – NORWAY.PPT 4
  5. 5. Drivers and challenges Drivers Conducive geographical distribution for power generation Challenges High precipitation levels Power distribution leading to cost escalations Technological developments Conflicts with other business interests Favorable water system Fluctuating crude oil prices and falling petroleum production RENEWABLE ENERGY – NORWAY.PPT 5
  6. 6. Framework of the government institutions in the energy sector Ministry of Petroleum & Energy Department for Economic Energy & Water Resource Climate Industry & Oil & Gas Department and Administrative Affairs Department Technology Department Water Resources Hydro Power and Renewable and Energy Policy Electricity Market and Area Planning Energy Law Energy Efficiency Norwegian Water Resources and Enova SF Statnett SF Energy Directorate SAMPLE Ministry of Petroleum and Energy’s main task is to provide an integrated energy policy based on efficient use of Ministry of Petroleum and Energy’s main task is to provide an integrated energy policy based on efficient use of energy resources energy resources Source: RENEWABLE ENERGY – NORWAY.PPT 6
  7. 7. Company 1 is the leading player in Europe in power generation through renewable sources Overview Market Share (’08) Company 1 •A large number of players with Company 1 Company 2 dominating the domestic market k% Company 3 LE a% •Players choosing between 2 strategies Company 4 Company 5 Diversified production by encompassing a wide i% j% variety of energy markets Focussing on specific renewable energy markets MP h% g% f% e% b% Company 6 Company 7 Company 8 A namely hydro, wind, solar or bio-fuel d% c% Company 9 Installed Capacity of Major Players (’08) 0 2,000 4,000 6,000 S 8,000 10,000 12,000 MW Mean Annual Production (’08) 0 5 10 15 20 25 30 Company 10 Others 35 40 45 TWh Company 1 L Company 1 A Company 2 M Company 2 B Company 3 N Company 3 C Company 4 O Company 4 D Company 5 P Company 5 E Company 6 Q Company 6 F Company 7 R Company 7 G Company 8 S Company 8 H Company 9 T Company 9 I Company 10 U Company 10 J Source: RENEWABLE ENERGY – NORWAY.PPT 7
  8. 8. Players in Multiple Energy Markets (1/6) Company Snapshot: Company 1 Corporate Information Financial Performance Revenue Revenue Profit Headquarters Oslo USD bn USD bn LE Profit / Loss Founded 19-- 6 1.5 C P Area of Generates hydropower, wind power, gas Expertise power and district heating 4 B 1.0 A M Key People A1 (Chairman) D 2 0.5 A A2 (CEO) Business Highlights S 0 2006 2007 2008 • Operates U hydropower plants and V gas power plant, W wind farms, X district heating plants in Norway 2009 (upto Q2) 0.0 • Plans on developing facilities for Y TWh of new hydropower capacity in Norway and Z TWh outside Norway by 20- - • Opened a P MW Rodberg hydroelectric plant in Buskerud County, Norway which is estimated to generate Q GWh/year on an average • In the period 20-- -20--, it is estimated that the company will invest ~USD L mn in a various R&D programmes, projects and schemes. It is already associated with M research centers • Plans on investing ~USD N mn in wind farm projects in Scotland Source: RENEWABLE ENERGY – NORWAY.PPT 8
  9. 9. Thank you for the attention For more detailed information or customized research requirements please contact: Natasha Mehta, CFA Gagan Uppal Phone: +65 8448 0449 Phone: +91 98364 71499 E-Mail: E-Mail: About Netscribes Netscribes is a knowledge-consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, content-management services, and knowledge-software services. At its core lies a true value proposition that draws upon a vast knowledge base. Netscribes is a one-stop shop designed to fulfil clients’ profitability and growth objectives. Disclaimer: This report is published for general information only. Although high standards have been used the preparation, Research on India, Netscribes (India) Pvt. Ltd. or “Netscribes” is not responsible for any loss or damage arising from use of this document. This document is the sole property of Netscribes (India) Pvt. Ltd. and prior permission is required for guidelines on reproduction. RENEWABLE ENERGY – NORWAY.PPT 9