Norway reports highest power export on record for 2021

Photo: Casey Horner / Unsplash

Norway exported 25.8 TWh of power in 2021, while 8.2 TWh was imported. That resulted in an export surplus of about 17.6 TWh, new figures from Statistics Norway (SSB) show.

Compared with 2020, which was the previous peak year, exports rose by 3.4%.

“A new record was set for exports in 2021. The level is 30% higher than the average for the last five years,” senior adviser Magne Holstad at Statistics Norway (SSB) stated.

“The high level of exports is due to the fact that last year there was high power production, relatively high prices in Europe, and the fact that several foreign cables were put into operation,” he added.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews

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