Statkraft
Two years back, the firm planned to assign NOK 44-67 billion for these objectives.
Norway depends largely on hydropower, as over fifty percent of its electricity is produced by facilities established prior to 1970. Consequently, the majority of the declared investments will be utilized for modernization and upkeep.
Furthermore, around 10% will be allocated to onshore wind energy projects.
source: ntb.no
Norway depends largely on hydropower, as over fifty percent of its electricity is produced by facilities established prior to 1970. Consequently, the majority of the declared investments will be utilized for modernization and upkeep.
Furthermore, around 10% will be allocated to onshore wind energy projects.
source: ntb.no