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They are blessed with oil, geothermal, and wind and, unlike the UK, didn’t piss the North Sea oil money up the wall on frivolous tax cuts.
by walthamstow 2y ago
They are blessed with oil, geothermal, and wind and, unlike the UK, didn’t piss the North Sea oil money up the wall on frivolous tax cuts.
- the_duke 2y agoDon't forget hydro, I think it's 40+% of production in Norway.
- magicalhippo 2y agoIn terms of electricity production it's more like 88% currently[1], along with a total reservoir capacity of 70% of annual production. [1]: https://energifaktanorge.no/en/norsk-energiforsyning/kraftproduksjon/ https://energifaktanorge.no/en/norsk-energiforsyning/kraftpr...
- gspr 2y ago> Don't forget hydro, I think it's 40+% of production in Norway. Hydro is the first row in the table at [1], so it's 84% by capacity (second column) or 87% by typical annual production (third column). [1] The Norwegian Water Resources and Energy Directorate: https://www.nve.no/energi/energisystem/kraftproduksjon/ https://www.nve.no/energi/energisystem/kraftproduksjon/
- vinni2 2y agoMore like 95+%
- walthamstow 2y agoSorry I actually meant hydro, not geothermal!
- gazchop 2y agoAnd places you can park your car outside your house, unlike the UK.
- gspr 2y ago> And places you can park your car outside your house, unlike the UK. This is a common misconception that probably stems from Norway's low population density. However, much of the country is very sparsely inhabited, and the urbanization levels are almost exactly the same as the UK's [1]. A large proportion of the population lives in multi-unit homes with limited street parking, at comparable densities to the UK. [1] https://en.wikipedia.org/wiki/Urbanization_by_sovereign_state https://en.wikipedia.org/wiki/Urbanization_by_sovereign_stat...
- gazchop 2y agoInteresting. So why does it work for Norway but not in the UK? My options are: 1. Drive to the local high power charging station and pay more than a tank of petrol for half the range. Oh that's it.
- gspr 2y agoShared (either private or public) parking very often has chargers. You swipe a tag to sort out billing by user. The cost at these chargers is typically electricity cost + maintenance. Plus lots of employers offer charging at work (usually not free, but the convenience is the point). Edit: This can be read as me telling the other guy how he should sort things where he lives. That wasn't the intention - I'm describing the situation here in Norway.
- ginko 2y agoI give you oil, wind (and hydro) but geothermal? There isn't any serious geothermic activity afaik. Certainly nothing like Iceland but even the UK has hot springs (nothing like that in Norway).
- walthamstow 2y agoSorry I actually meant hydro, not geothermal!
- Etheryte 2y agoMany countries tick those boxes but aren't anywhere close to doing the same reasonable things with them. The main thing Norway has been blessed with has been smart about it, as opposed to having all of the profits go to private hands.
- let_me_post_0 2y agoI think it's because Americans have a hard time understanding Norwegian culture enough to manipulate them. Look at Canada and the UK for examples to the opposite.
- Moldoteck 2y agothey are also taxing gas cars and gas itself to a level that having e-car is just cheaper, even without tax cuts that are reduced now. Basically fossil overtaxation helps compensating for e-car undertaxation. You don't need oil/geo reserves for that. What really helps is huge hydro resources which are giving extremely cheap rates constantly (except close to DK/UK interlinks)
- berkes 2y agoPissing it up the wall is exactly what the Netherlands did with it's now bygone wealth of natural gas. It's why the Netherlands (cold, cloudy, wet climate) is Europe's primary bell-pepper, tomato, cucumber etc producer all year through. It's why it's the largest producer of mushrooms worldwide. Has massive cut-flower exports all year long. Energy for greenhouses and mushroom farms is provided for basically free. Ironically, now that the gas is (economically) finished, the government is essentially buying Russian and Norwegian gas with tax money (not literally, but through subsidies). So your Dutch tomatoes (aside from being tasteless) or the mushrooms on your pizza are for a large part this cheap because Dutch taxpayers paid for the energy to grow them.