Electricity, December 2008

The high production can be viewed in conjunction with a high inflow to the reservoirs and filling above the median until September, in addition to high electricity prices.

Norway’s exports of power came to 17.3 TWh in 2008, while imports totalled 3.4 TWh. This gave a net export of 13.9 TWh; the second highest figure recorded in the 2000s.

The production of electricity totalled 14 260 GWh in December 2008. This is an increase of 10.4 per cent compared with the corresponding month in 2007 and the second highest figure ever recorded for December.

Continued high electricity consumption

Despite considerably higher electricity prices and roughly the same average temperature in 2008, the consumption of electricity excluding power-intensive manufacturing increased by 0.8 per cent from 2007. This can be viewed in conjunction with the relatively high economic growth from the 1^{s t} to 3^{r d} quarter last year. Households, services and manufacturing other than the power-intensive account for the majority of the consumption.

The consumption in power-intensive manufacturing increased by 1.5 per cent compared with 2007. The consumption of electricity excluding power-intensive manufacturing came to 9 105 GWh in December 2008, which is more or less the same level as in December 2007.

The consumption in power-intensive manufacturing amounted to 2 752 GWh in December 2008; a fall of 4.9 per cent compared with the corresponding month in 2007.

Seasonally adjusted figures

The current consumption of electricity excluding power-intensive manufacturing increased by 13.1 per cent from November to December 2008, while seasonally adjusted figures increased by 0.2 per cent.

See also

Prices of electric energy

Tables:

• Table 1 Electricity balance. Monthly. GWh
• Table 2 Production of electricity, on county level. GWh
• Table 3 Consumption excluding power-intensive manufacturing, seasonal and non-seasonal growth from previous month. Per Cent
• Table 4 Electricity balance. Quarterly. GWh