4 ms·

They are also lucky to have cheap electricity from hydro.

• marvin 6y ago
  It isn't that cheap anymore. New undersea cables to Europe means we can export/time arbitrage a lot, and that increases prices.
  • marcusklaas 6y ago
    So the Norwegians are getting even richer, great!
    • kwhitefoot 6y ago
      No, individual Norwegians are getting poorer because we now have to pay closer to European market prices for electricity. Mind you the weather this summer was so wet that the prices went negative on a couple of occasions.