23. august 2018 - 10:55

Continuing trends

This morning, Statistics Norway – the public statistics authority – published its projections for investments in O&G, power, industry and mining. Once again, investments in wind power are on the fore

Overall, Statistics Norway are seeing a 5,7% increase in investments across the relevant sectors between 2017 and 2018. For power delivery (kraftforsyning) investments are up over 22%, to a projected 41,7 bill. NOK for 2018. For 2019, the projections for these investments are 38 bill. NOK., a decrease promted by a slight  lessening of investments in power transmission.

The answer is blowing in the wind

Wind power is once again given a special mentioning, with Statistics Norway stating that “the increase in 2018 [over 2017] is particularly associated with an increase in investments in power delivery, coming as a result of the build-out of a number of new wind power plants”.

For our part, we hope and think that the current investment volumes, coming as they do on the tail end of the certificate system, are paving the grounds for continued investments in a green power generation, which will in turn work as a catalyst for new investments in the other sectors covered by the statistic.

That is, after all, is what we call a wind-win situation.


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