Publications

Norwegian industry believes it can reduce emissions substantially by 2030 and is calling for new policy measures to incentivise the necessary action. This will require resources like electricity, biomass, land, and expertise. However, sector roadmaps generally fail to analyse the scale of the implied resource requirements.

A THEMA study has shown that the German power system is resilient even with significant capacity outages and low renewable generation.

In the past year, we have seen that the sharp competitive situation for electricity retail companies continues with increasing cost pressure, regulatory uncertainty, and high competition activity. The experiences from the past year underscore the complexity of electricity retail and the need for good risk management.

In Norway’s Nedre Glomma region, decarbonisation and industrial development have been put on hold due to a lack of available network capacity. It takes years to build out new grid capacity. In this feasibility study, we explore whether it would be possible to connect more consumption, faster if the consumers are more flexible.

Our investigation of the Norwegian market for power price hedging shows an apparent reduction in price hedging activity on the exchange and a greater reliance on using physical supply agreements. These changes reflect, among other things, tax changes, poor financial market liquidity and higher collateral costs.

Reaching Norway’s climate goals will be difficult and more expensive if the oil and gas industry is not electrified. The question is to what extent are savings offset by increased emissions elsewhere. Our analysis of lasting market effects shows that such projects reduce Norwegian, European and global emissions.