Basic facts - Norway Location: Northern Europe Natural resources: petroleum, natural gas, iron ore, copper, lead, zinc, titanium, pyrites, nickel, fish, timber, hydropower

Why does Norway have such high energy consumption? Consumption is high at 6.2 tonnes of oil equivalent per person per annum Highest electricity consumption in the world

Norway’s energy mix Complete percentage bar charts for the following countries: UK, Norway, Japan and Iceland

Oil and gas exporter Large reserves of oil in the North Sea The world’s 5th largest exporter of oil and 3rd largest exporter of gas Fossil fuels important source of income and it exports the vast majority of their oil, Oil provides the country with 25% of its GDP Norway tries to discourage the use of oil Norwegian fuel prices are among the highest in Europe due to high taxation

The largest, Kvilldal, 4% of national installed capacity. Natural lakes at high altitudes and lots of rain 99% of electricity and 50% of total energy from HEP 6th largest producer of HEP in the world Largest producer of HEP in Europe Natural lakes = less impact on environment compared to artificially created reservoirs Norway’s main source of energy is renewable by nature and is therefore sustainable The largest, Kvilldal, 4% of national installed capacity.

Norway’s energy policy Wants to reduce dependency on HEP by using a wider range of renewable resources All potential HEP sites have been exploited £2.5billion developing renewable energy and energy efficiency (2006) Trying to increases solar power in to electricity from 17% to 50% State funding in to researching and developing biofuels to use for transport instead of oil Wants to develop a sustainable energy supply

Norway is also investing heavily in wind energy

Conclusion Norway doesn’t have to worry about energy security in the short term because it’s energy rich, politically stable and wealthy Is trying to develop a long term sustainable energy programme Some aspects are already sustainable By putting high taxes on oil this promotes energy sustainability

Trying to influence others The demand for competence building in developing countries are increasing, as well as assisting developing countries in their efforts to develop a sustainable energy sector stands on top of the agenda in Norway. Experience in developing and managing both renewable and non-renewable energy sources leaves Norway with valuable expertise that could be useful for developing countries' effort in managing natural resources. The Norwegian development cooperation in energy is channelled through two initiatives, Oil for Development and the Initiative for Clean Energy in the international development cooperation. Decades of experience in the oil and gas sector has given Norway valuable expertise on how to manage petroleum resources in a sustainable way. http://www.norad.no/en/Thematic+areas/Energy/Clean+Energy

15 marks

15 marks