Norway's Energy Consumption

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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.
    • 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.

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