Oslo energy storage ratio

Is stationary energy storage a good idea in Norway?

Electric cars now account for 79 per cent of new cars sold in Norway, and the MS Medstraum was recently launched as the world’s first electric fast ferry. In a global report on lithium-ion batteries, Norway ranked first in sustainability. These are impressive records. Even so, stationary energy storage is beginning to steal the limelight.

How big is Norway's battery market?

batteries for stationary energy storage - a market expected to reach EUR 57 billion by 2030. Now, a more mature Norwegian battery industry has greater potential to accelerate the renewable energy transition in Europe. Today Norway has not one, but two huge battery markets.

How many thermal power plants are there in Norway?

Hence, production often depends on the electricity needs of the industry. These power plants use a variety of energy sources, including municipal waste, industrial waste, surplus heat, oil, natural gas and coal. There are 30 thermal power plants in Norway, with a total installed capacity of about 642 MW.

How many hydropower reservoirs are there in Norway?

Norway has more than 1240 hydropower storage reservoirs with a total capacity of 87 TWh. The 30 largest reservoirs provide about half the storage capacity. Total reservoir capacity corresponds to 70% of annual Norwegian electricity consumption. Most of the reservoirs were constructed before 1990.

How much solar power does Norway have in 2023?

About 5% of the solar power in Norway had an installed capacity of more than 50 kW in 2023. In 2023, most of the solar power in Norway is installed on the roofs of households and industry, and primarily cover their own consumption. As of 31 March 2023, there are no dedicated solar power plants in Norway.

How many solar power plants are there in Norway?

In 2023, most of the solar power in Norway is installed on the roofs of households and industry, and primarily cover their own consumption. As of 31 March 2023, there are no dedicated solar power plants in Norway. During 2022, approximately 153 MW of new solar power was installed in Norway.