Growth and Economic Performance of the Norwegian Wind Power Industry and Some Aspects of the Nordic Electricity Market

Electricity has been produced in Norway hydropower plants since 1877. The first wind power plant was put into operation 1986. growth production weak the years after turn of millennium, but joined Swedish subsidy scheme Tradable Green Certificates 2012, there significant industry. While most is owned by public sector, majority foreign investors. Since very much discussed Norway, a levelized cost energy (LCOE) model that can be well suited for this type discussion presented. point here one must include all costs, including externalities. Norwegian electricity market dominated single player: Nord Pool. Ninety-six percent sold through exchange Pool, and prices set Pool affect finances producers as Scandinavia Baltic countries. This paper survey growth, development economic performance industry some aspects Nordic