Norway, known for its rich access to natural resources, utilizes hydropower as a primary source of energy production. With over 1730 hydropower plants and more than 100 reservoirs, we distinguish ourselves as the world's seventh-largest producer of hydropower. This extensive use of hydropower plays a vital role in meeting the country's energy needs. In 2023, Norway reported a hydropower production of nearly 140 TWh, representing about 90 percent of the country's total power production. This high proportion of hydropower in the energy mix demonstrates Norway's ability to exploit its natural conditions to produce clean and renewable energy. This not only contributes to the country's energy security but also underscores Norway's role in promoting sustainable energy solutions.
Energy Nation
Norway can thank hydropower for being the energy nation it is today. Hydropower has contributed to industrial development aqnd value creation. The legal framework for hydropower and production is built on the principle that the country's hydropower resources belong to and should be managed for the benefit of the public. This includes requirement for public ownership of large hydropower facilities.
The advantages of Norwegian hydropower are numerous. First and foremost, hydropower is a stable renewable energy source, as the water can be stored in reservoirs and utilized as needed. Norway has half of Europe's reservoir capacity, and over 75 percent of Norwegian production capacity is adjustable. The ability to use regulated hydropower in conjunction with other energy sources, such as solar and wind, contributes to flexibility in the power system.
Our work
Thommessen has assisted small and large hydropower operators for decades, and we have extensive experience with all types of legal issues related to hydropower. Thommessen has, among other things, assisted in the establishment of Norway's third-largest hydropower operator, Lyse Kraft DA, and in the consolidation of the hydropower operations of Eidsiva and Hafslund.
