How much solar power will Norway have by 2040?
For example, the Norwegian water resources and energy directorate (NVE) has stated that PV contributing with 7TWh to the Norwegian electricity system by 2040 could be realistic (Lie-Brenna, 2021). The roadmap for the Norwegian PV industry suggests 2-4 TWh by 2030, provided 20-30% annual growth rates (FME-SUSOLTECH & Solenergiklyngen, 2020).
What is the opportunity space for Norwegian PV companies?
Overall, the opportunity space for Norwegian firms therefore is large both in the global and national realm. We observed that the Norwegian PV industry is highly varied, both in terms of value chain position and type of market.
Do companies know about solar energy in Norway?
During interviews, some firms however, point out that they experience a limited attention and knowledge about PV. As a general indicator of attention to PV, we searched news media and parliamentary databases to observe the frequency of mentioning of solar energy compared to other renewable energy technologies in Norway.
Is there a potential for PV in Norway?
There is a large untapped potential in the use of PV in Norway, for instance in the built environment. While there are expectations for growth in installations, we observe that regulatory barriers and inconsistent policies provide barriers to realize such potentials.
What are the regulations for the Norwegian solar PV industry?
Following regulations for the Norwegian solar PV industry is critical. The supply companies acknowledge that any equipment that is delivered to Norway should be translated in a Scandinavian language with a Norwegian user manual for installation. Other regulations refer to CO2 footprint.
Is solar energy the cheapest source of electricity in Norway?
Large cost reductions have led solar energy to become the cheapest source of electricity in many countries, with large expectations for future growth (IEA, 2020; IRENA, 2021). What does this mean for Norway?
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