Oslo small off-grid energy storage power station

Will Norway build off-grid nuclear reactors?

17 May 2024 Under a new business plan, Norwegian nuclear project developer Norsk Kjernekraft says it plans to construct off-grid small modular reactors in industrial areas where both reliable power and access to heat are needed. The company noted that estimates of future energy demand in Norway vary from 50 TWh to 233 TWh.

Does Oslo need better energy management?

To continue the electrification of these sectors, Oslo needs better energy planning and management to ensure that the city has sufficient grid capacity and alternative energy sources to fulfil the transition. Energy management is needed at both the micro level – construction site or charging station – and the macro level – city and region.

Should Norway build an SMR power plant off-grid?

By building the SMR power plant off-grid and in connection with heat-intensive industry, Norsk Kjernekraft says this ensures good project economics, while municipalities can build industry and jobs and ensure economic growth for future generations. Renewable power production can then be channeled towards other needs in Norway.

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.

Can Oslo achieve a net zero transition by 2030?

Electricity grid performance and energy management is key for Oslo to achieve its net zero transition by 2030. This pilot will focus on supporting emissions-free energy supply to construction machinery and Heavy-Duty Vehicles (HDVs), sectors that are expected to be challenging to electrify.

Should SMR power plants be built off-grid?

Building SMR power plants off-grid increases the value of the electricity because the rental of grid capacity is avoided, the company says. "In this way, the project economy for the nuclear power plants is improved, which is particularly important for the first power plants, which will be more expensive than the next ones.