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Lowest electricity price in four years
The household electricity price in 2024 was 6,6 percent lower than in 2023. This is the lowest level registered since 2020.
Strong increase in investments in 2024
Final investments for 2024 covering oil and gas, manufacturing, mining and quarrying and electricity supply increased sharply compared to 2023. It is particularly the investments in oil and gas industry that contribute to this strong increase. Investments in electricity supply contributed also to this increment, while investment in manufacturing showed some decreased. The latest estimates for 2025 indicate a further investment growth.
Clear growth in petroleum investment in 2024
Total investments in oil and gas activity in 2024, including pipeline transportation, ended at NOK 251 billion in 2024. In nominal terms, this is 16.7 per cent more than in 2023. For 2025, operators on the Norwegian continental shelf now estimate investments to be NOK 254 billion, which is only marginally higher than the estimate given in the previous quarter.
Salmon price in the period of February 3rd – February 9th
In the period of February 3rd – February 9th the export price of fresh salmon came to NOK 92.18 per kilo, down by 2.4 per cent compared to the previous seven-day period.