Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Norway

Oil,gas exports can make Norway Europe’s green battery

byCT Report
17/08/2016
in Norway
Share on FacebookShare on Twitter

OSLO:  The oil and gas exports that made Norway rich are also key contributors to climate change. Norway may have an answer for that. The country’s mountains, lakes and rivers could eventually be turned into something like a giant battery   storing power generated by wind farms and solar cells elsewhere in Europe, then sending electricity back when renewable output slumps.

The idea is to use excess power generated by renewables to pump water upstream behind dams. When the electricity is needed, the water would be released, rushing past turbines as the energy is turned back into useful electricity.

You might also like

Norwegian police raid shipping company office over waste export

03/02/2020

Norway’s PM to appoint Jan Tore Sanner as finance minister: media

30/01/2020

The concept appears particularly attractive for the EU, which will redesign its electricity market over the next years to reflect the growing share of renewables in the system. The European Commission is expected to make its proposals on the topic by the end of this year.

The country would be able to deliver a lot of power “when the sun doesn’t shine and the wind doesn’t blow, in times where Europe needs huge volumes fast,” Norway’s energy minister Tord Lien said.

The “green battery” idea excites Maroš Šefčovič, the European Commission vice president in charge of the energy union.

“Norway, despite its vast hydrocarbon reserves, develops its renewables and energy storage capacities in an impressive way,” Šefčovič said.

Norway is already one of the world’s top hydro power producers, able to cover almost all its own electricity needs with what’s generated from the country’s abundant lakes and glaciers. That, in turn, allows Norway to export almost all of its oil and gas.

Šefčovič, who traveled to the country earlier this year, was particularly taken by the 1.2 gigawatt Kvilldal power plant. Impressed, he declared that the dam “has a bigger storage capacity than would the Chinese wall plastered on both sides [with] the most sophisticated batteries of today.”

Related Stories

Norwegian police raid shipping company office over waste export

byadmin
03/02/2020

Norway’s national economic crime unit raided the local office of international shipping company Teekay Offshore this week on suspicion of...

Norway’s PM to appoint Jan Tore Sanner as finance minister: media

byadmin
30/01/2020

OSLO: Norwegian Prime Minister Erna Solberg will appoint Conservative lawmaker Jan Tore Sanner as the new finance minister, business daily...

After Tesla’s record year in Norway, rivals gear up for 2020

byadmin
21/01/2020

OSLO: New electric car sales in Norway rose by a third last year amid soaring demand for Tesla Inc’s (TSLA.O)...

Norwegian Air hoping to agree Boeing 737 MAX compensation this year

byadmin
02/01/2020

OSLO: Norwegian Air (NWC.OL) hopes to agree compensation from Boeing (BA.N) by year-end over the grounding of the 737 MAX,...

Next Post

Spain’s ports strengthen economy

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.