Power supply and the electricity grid
A secure and reliable power supply is essential in any modern society. Norway has an extensive electricity grid for the transmission of power from producers to consumers.
The power market and prices
The market price of power, which is determined each day on the Nord Pool Spot power exchange, is a result of supply and demand. Norway is part of a common Nordic power market and is integrated with the power market in Europe.
The Ministry of Petroleum and Energy has the overall responsibility for managing the power supply in Norway.