Solar power part of the Norwegian energy mix.
More and more frequently, increased electricity prices and a lack of electrical power are debated in Norway. The country needs more power to meet demand and alleviate price pressure on electricity. The power deficit in Norway is a fact already in 2027 if significant measures are not taken. The government has finally realized that solar power is a necessary part of the new power mix for Norway. The goal is set to produce 8 TWh of renewable energy from the sun by 2030. It is no longer a secret that the sun is an energy source that can be much better utilized even in cold Norway. By producing 8 TWh of solar power in Norway, solar power will contribute to increasing the security of power supply throughout the year, even though solar power is efficient for about 8 months a year. With increased solar power, hydropower producers can reduce hydropower production in the summer months and "save" on water.
To achieve the ambitious goal of 8 TWh, we must make use of the large, impressive roofs available on commercial and operational buildings across the country. Solar power plants are profitable to develop today, and looking at market analyses from NVE, the electricity price will be around 80 øre per kWh of produced energy in the coming years. An advantage of self-produced solar power is also saving on grid fees for the produced power. The average grid fee is just over 40 øre. So, with a saving of 1.20 kr per produced kWh, investing in a solar power plant is profitable. The facility will be paid off in under 10 years, and as the owner of a small solar power plant, you will have almost free electricity for the next 20 years. Most people forget this, and if you are long-term oriented, you will benefit greatly from being part of the green shift and installing solar panels on your roof.
