Norway features one of the world’s most unique energy profiles, characterized by a nearly 100% renewable electricity grid while simultaneously being a top global exporter of oil and gas.

Norway’s domestic power production is almost entirely decarbonized.

• Hydropower (90.4%): The backbone of the system, leveraging Norway’s mountainous topography and high precipitation.
• Wind Power (8.5%): A rapidly growing sector, including major onshore projects and the world’s largest floating offshore wind farm, Hywind Tampen.
• Thermal/Fossil (1.1%): Primarily used in remote areas like Svalbard or specialized industrial sites.
• Solar & Others (<0.1%): Currently negligible but targeted for growth (8 TWh goal by 2030).

Norway is rapidly advancing as a key player in Europe’s green hydrogen transition, leveraging its abundant renewable energy to target net-zero emissions by 2050. Major projects like Yara’s 24MW plant and Norwegian Hydrogen’s 270MW Ørskog facility aim to decarbonize shipping, heavy industry, and transport. While focusing on domestic industrial use, Norway is also developing export potential.

Norwegian Hydrogen AS is establishing a Nordic network, including a 270 MW plant in Ørskog expected to produce 40,000 tons annually and the Hellesylt Hydrogen Hub. Yara’s Herøya plant is one of Europe’s largest, producing green ammonia for fertilizer. Fortescue is developing the Holmaneset project.

The Norwegian government supports hydrogen through various strategies aimed at achieving net-zero by 2050.