Norwegian energy market
E863806
The Norwegian energy market is a highly regulated, hydro-dominated power system integrated with the Nordic and European markets, characterized by state involvement, competitive wholesale trading, and extensive use of renewable energy sources.
Statements (74)
| Predicate | Object |
|---|---|
| instanceOf | energy market ⓘ |
| allowsHouseholdSupplierSwitching | true ⓘ |
| applies | EU energy market rules via EEA ⓘ |
| balancingMarketOperator | Statnett NERFINISHED ⓘ |
| CO2IntensityOfPower | very low ⓘ |
| country | Norway ⓘ |
| dayAheadMarketOperator | Nord Pool NERFINISHED ⓘ |
| distributionGridOwnership | multiple regional DSOs ⓘ |
| dominantGenerationTechnology | reservoir hydropower ⓘ |
| electricityGenerationShareHydro | >90% ⓘ |
| encouragesDemandResponse | true ⓘ |
| hasCapacityMechanism | no explicit capacity market ⓘ |
| hasCompetitiveWholesaleTrading | true GENERATED ⓘ |
| hasConsumerProtectionRules | true GENERATED ⓘ |
| hasGreenCertificateSchemeHistory | joint Norwegian-Swedish green certificate market (ended) ⓘ |
| hasGrowingEVShare | true ⓘ |
| hasHighElectrificationLevel | true ⓘ |
| hasMultiplePriceAreas | true ⓘ |
| hasOffshoreWindPlans | true ⓘ |
| hasOnshoreWindDevelopment | significant but contested ⓘ |
| hasRegulatedNetworkTariffs | true GENERATED ⓘ |
| hasRetailCompetition | true GENERATED ⓘ |
| hasSecurityOfSupplyFocus | true ⓘ |
| hasSignificantStorageCapacity | true ⓘ |
| hasSubstantialCrossBorderCapacity | true ⓘ |
| hasTimeVaryingElectricityPrices | true ⓘ |
| hasUnbundledTransmissionAndGeneration | true ⓘ |
| intradayMarketOperator | Nord Pool NERFINISHED ⓘ |
| isConnectedTo |
Danish power system
ⓘ
Dutch power system ⓘ Finnish power system ⓘ German power system ⓘ Swedish power system ⓘ UK power system ⓘ |
| isHighlyRegulated | true ⓘ |
| isHydroDominated | true ⓘ |
| isImportantForRegionalBalancing | true ⓘ |
| isIntegratedWith |
European power market
ⓘ
Nord Pool power exchange NERFINISHED ⓘ |
| isLiberalizedWholesaleMarket | true ⓘ |
| isPartOf |
European Economic Area energy market framework
NERFINISHED
ⓘ
Nordic power market ⓘ Nordic synchronous area NERFINISHED ⓘ |
| mainEndUseSectors |
households
ⓘ
industry ⓘ transport ⓘ |
| mainGenerationCompanies |
BKK
NERFINISHED
ⓘ
Hafslund Eco NERFINISHED ⓘ Lyse NERFINISHED ⓘ Statkraft NERFINISHED ⓘ |
| mainInterconnectors |
NorNed
NERFINISHED
ⓘ
NordLink NERFINISHED ⓘ North Sea Link NERFINISHED ⓘ Skagerrak interconnectors NERFINISHED ⓘ |
| mainPowerExchange | Nord Pool NERFINISHED ⓘ |
| marketDesign | energy-only market ⓘ |
| networkTariffRegulator | NVE-RME NERFINISHED ⓘ |
| peakDemandSeason | winter ⓘ |
| policyMinistry | Ministry of Petroleum and Energy NERFINISHED ⓘ |
| primaryEnergySource | hydropower ⓘ |
| regulator | Norwegian Water Resources and Energy Directorate NERFINISHED ⓘ |
| regulatorAbbreviation | NVE NERFINISHED ⓘ |
| renewableShareInElectricityGeneration | >95% ⓘ |
| retailPricingStructure | spot-price based contracts common ⓘ |
| stateInvolvementLevel | high ⓘ |
| supportsCO2Reduction | true GENERATED ⓘ |
| transmissionSystemOperator | Statnett NERFINISHED ⓘ |
| TSOOwnership | state-owned ⓘ |
| usesMarketCoupling | true ⓘ |
| usesRenewableEnergySources |
hydropower
ⓘ
small-scale bioenergy ⓘ wind power ⓘ |
| usesWaterReservoirsForFlexibility | true ⓘ |
| usesZonalPricing | true ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.