Hydroelectric power is the backbone of future energy systems

Hydroelectric power accounts for 93 per cent of Norway’s electricity production. This means that we have an almost emission-free and highly flexible energy system, which gives us an advantage as we head towards a zero-emission society in the future.

Flexible hydroelectric power makes it possible to phase in large amounts of new unregulatable, renewable power such as offshore wind power.

More than 90 per cent of Norway’s hydroelectric power stations are publicly owned. Value creation benefits society as a whole through the imposition of taxes, duties and dividends payable to the state and municipalities. It is important that we pave the way for the development of Norwegian hydroelectric power.

These are Eviny’s views:

• The authorities must consider both the environment and power production when reviewing previously granted hydroelectric power licences. Their utility value must be weighed against the environmental consequences.
• The fiscal system for hydroelectric power must facilitate investments in new and existing production.
• The licensing process must be reduced.