OCEaN welcomes new Member: Renewables Norway

Joining as OCEaN’s newest Member, Renewables Norway is a non-profit industry organization representing around 400 companies involved in the production, distribution and trading of electricity in Norway. Their vision is that Norway should take a leading role as the first renewable and all-electric society in the world.

Norway’s interconnections with their neighbouring countries is of vital importance for their security of supply, and it also enables the Norwegian renewable energy industry to participate actively in the European market. This is particularly important due to the fact that, most years, Norway is a net exporter of electricity. Renewables Norway is therefore working actively to improve the regulatory framework in which their member companies operate, both in Norway and in Europe.

Norwegian power production is almost 100% renewable and emission free. 95 per cent of the power production stems from the 1600 hydropower plants which are spread all across the country, and some 3,5 per cent stems from wind power. The latter is expected to grow significantly in the coming years, due to very good wind resources in Norway.

OCEaN welcomes Renewables Norway and looks forward to collaborating on our parallel goals!