Is solar power a viable option in Norway?
Norwegian hydropower is currently so cheap that power companies do not consider it attractive to build solar power plants in Norway. In recent years, however, companies have started selling or leasing solar systems to private customers and businesses in Norway. Despite the low energy prices, solar power is growing rapidly in Norway.
How does solar power work in Norway?
Solar power is only produced during the day, thus it must either be used immediately, stored or sold via the central electricity grid. In Norway, production of solar energy can offload the tapping of water reservoirs. Smart grids and digitization: Most Norwegian households will soon be equipped with smart meters.
How will solar energy impact Norway?
Together with wind, solar energy will account for most of the replacement of fossil fuels. Norway is closely linked to the European energy market. Regardless of the growth of solar in Norway, the development in the EU will have consequences for Norwegians.
Who owns the Solar System in Oslo?
The PV system is owned by Oslo municipality, which provided support through its Smart Oslo innovation fund. The system will be used mainly for self-consumption and will also sell excess power at spot prices to the grid under Norway's net metering scheme.
Do companies know about solar energy in Norway?
During interviews, some firms however, point out that they experience a limited attention and knowledge about PV. As a general indicator of attention to PV, we searched news media and parliamentary databases to observe the frequency of mentioning of solar energy compared to other renewable energy technologies in Norway.
Is solar energy the cheapest source of electricity in Norway?
Large cost reductions have led solar energy to become the cheapest source of electricity in many countries, with large expectations for future growth (IEA, 2020; IRENA, 2021). What does this mean for Norway?
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