Norway Power Q4 2018
This quarter we have slightly revised down our forecasts for renewables to reflect new historic data recently released.This notwithstanding, we maintain our view that growth in Norway's power generation will be mostly stagnant over our 10-yearforecast period due to the country having an excess in electricity output. While non-hydropower renewables will be the fastest-growing power source, with new wind farms being brought online from 2018 to 2020, hydropower will remain the dominant sourceof electricity, making up more than 90% of total power output in the country. The development of regional interconnections willimprove Norway's electricity trading capacity.
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