Norway's Energy Consumption
- Created by: AmyPhipps2000
- Created on: 27-02-18 09:32
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- Norway Energy Consumpiton
- Physical Availability
- HEP is the natural energy choice.
- Due to steep valleys and lots of precipitation in mountainous areas.
- Much of Norway's natural gas and oil is exported (e.g to the UK)
- Coal from Svalbard is also exported.
- HEP is the natural energy choice.
- Cost
- Norsk Hydro runs over 600 HEP sites, which supply 97.5% of renewable electricity.
- HEP costs low once capital investment is complete.
- Transfer of electricity from HEP production in remote areas to urban populations and isolated settlements is expensive.
- Technology
- Deep water drilling enabled both Norway and the UK to develop North Sea extraction.
- Political Consideration
- HEP has been used since 1907, and the Norwegian and Energy Directorate manages the nation's power supply.
- Government has an intervention approach, preventing foreign companies from owning primary sources e.g. waterfalls, mines and forests.
- Royalties and taxes paid from sales of fossil fuels boost standard of living.
- But profits go to sovereign wealth fund to prepare for a future without fossil fuels and investments in sustainable projects.
- Level of economic development
- GDP per capita (PPP) - US$61 500 (2015)
- Energy use per capita - 5854 kg oil equivalent (2014)
- Average annual household energy costs - £2400 (2015)
- Environmental priorities
- 2015 => committed to a 40% reduction in GHE, compared to 1990 levels.
- Third largest exporter of hydrocarbons and is expanding output
- 'Policy for Change' was launched in 2016, with a domestic target of being carbon neutral by 2050.
- 2015 =>Norway's carbon dioxide emissions were 11.74 tonnes per capita
- Up from 11.6 tonnes in 1989.
- Physical Availability
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