Home
Bergen Energy Lab (BEL)
Webinar

Norwegian energy market in relation to EU

Given the ambitious European climate and energy policy targets, a massive shift from fossil to renewable sources is underway. Today, the share of wind and solar power is already significant and the European Commission proposed an EU target of 27% of renewable electricity for 2030.

Clean energy package (2016) - the European Commission
Clean energy package (2016) - the European Commission
Photo:
Toril H. Christensen

Abstract


Given the ambitious European climate and energy policy targets, a massive shift from fossil to renewable sources is underway. Today, the share of wind and solar power is already significant. Furthermore, in its Clean Energy Package (2016) the European Commission proposed an EU target of 27% of renewable electricity for 2030 - a goal that probably will be increased with the implementation of New Green Deal. This target will mostly be achieved by feeding-in significant amounts of variable wind and solar power into the European power system. Hydropower will be able to complement these increasing shares of variable renewables with its flexibility, firm capacity and the ability to back up variable generation.

This will, however, not happen by itself. The same way as for other initiatives in Norway the success is very dependent on the initiatives and goals of the EU. With a "Green restart" after the Coroan-crises on the continent as well as in Norway it is even more important to do the right things at the right time!
 

Seminar speaker


Toril H. Christensen is Head of Analysis in BKK Produksjon, delivering market and price analysis for hydropower generation and trade both in the physical and financial markets. This includes keeping an overview of the energy- and climate policies both in Norway and the EU and working with the hydropower industry's regulatory frameworks through Energy Norway and Eurelectric.
 

Guidelines for our virtual seminars: 

  • To join seminar click here
  • "Doors open" at 12pm. From 12-12.15 you will be able to present yourself and be introduced to the rest of the participants.
  • After 12.15 and whenever you are not speaking please mute your microphone, as this can disturb others.
  • If you have a comment or a question please use the chat function (speech bubble on the options panel) to signal you have a question.
  • The moderator will introduce you when it is your turn to ask a question – Remember to unmute your microphone!