Rise in operating profit
Energy and manufacturing;Svalbard
elektrisitetaar, Electricity, annual figures, electricity production, electricity consumption, hydro electric, thermal power, wind power, power-intensive manufacturing, electricity prices, power company, power stations, electricity plant, profit and loss account, operational accounts, employees, electric supply mains, transformers, import, exportEnergy and manufacturing, Electricity and other energy , Energy and manufacturing, Svalbard



Electricity, annual figures2013


Rise in operating profit

The operating profit in the power industry came to NOK 29.3 billion in 2013; an increase of 10 per cent compared with 2012. This may be seen in conjunction with higher electricity prices.

Electricity balance. Annual. GWh.
2013 Share Per cent
2012 - 2013
Production, total 133 975 100.0 -9.3
Hydro power production 128 699 96.1 -9.9
Thermal power production 3 395 2.5 1.1
Wind power production 1 881 1.4 21.5
Imports 10 135 141.9
Exports 15 140 -31.2
Gross consumption 128 970 -0.7
Pump storage use and other own consumption 1 406 -32.9
Loss and statistical difference 8 024 -11.8
Net consumption 119 540 100.0 0.7
Mining and manufacturing etc. 51 928 43.4 0.4
Services etc. 26 647 22.3 0.0
Private households and agriculture 40 965 34.3 1.5
Figure 1. Income statment for enterprises in electricity industry. Fixed 1998-prices
Figure 2. Investment in fixed assets. 1998-prices
Figure 1. Income statment for enterprises in electricity industry. Fixed 1998-pricesFigure 2. Investment in fixed assets. 1998-prices

Production plants had the highest operating profit in 2013, at NOK 21.8 billion. The operating profit of grid companies amounted to NOK 4.5 billion, while the operating profit of remaining plants totalled NOK 3.0 billion.

Annual profit in the power industry came to NOK 14.1 billion in 2013. This is 7.2 per cent more than the previous year.

Rise in gross investments

The gross investments (purchase minus sale of fixed assets) in the power industry rose from NOK 16.7 billion in 2012 to NOK 19.1 billion in 2013. Gross investments in hydro power plants came to NOK 5.0 billion, while gross investments in thermal power plants and wind power plants were NOK 21 and 450 million respectively. Investments in central grid systems, regional grid systems and local grid systems were NOK 4.4, 1.5 and 3.5 billion respectively in 2013.

Lower electricity generation

Electricity generation totalled 134.0 TWh in 2013; a decline of 9.3 per cent compared with 2012 - a year with record high electricity generation. Norway’s exports of power came to 15.1 TWh in 2013, while imports totalled 10.1 TWh. This gave a net export of 5 TWh.

Increase in the electricity consumption

There was a rise of 0.7 per cent in total net electricity consumption from 2012 to 2013 and the consumption totalled 119.5 TWh. Household and agriculture roughly accounted for a third of the total electricity consumption. Other industries with a high share were power intensive manufacturing (29 per cent) and services (21 per cent).