Lower operating profit
Energy and manufacturing
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Electricity, annual figures2007

As from December 2015 the statistics is published with Electricity.



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Lower operating profit

The operating profit fell from NOK 30.3 billion in 2006 to NOK 25.2 billion in 2007. This can be viewed in conjunction with lower electricity prices in 2007.

Income statement for enterprises in electricity supply. NOK 1998.

Key figures for enterprises in electricity supply. 2007

Production plants had the highest operating profit in 2007. This is also the case for previous years. The operating profit of production plants amounted to NOK 17.1 billion. Wholesale plants achieved an operating profit of NOK 1.0 billion, while the operating profit of grid companies and remaining plants totalled NOK 3.5 and 3.6 billion respectively. The operating profit margin is defined as operating profit divided by operating income. The operating profit margin increased by 0.8 percentage points from 2006 to 2007 and came to 15.0 per cent for the power industry.

The gross investments in the power industry rose by 40.1 per cent compared with 2006 and came to NOK 11.2 billion in 2007. Investments in water power plants, hydro-electric power stations, thermal power plants and wind power plants were NOK 600, 2 992, 1 672 and 1 016 million respectively.

Investments in fixed assets. NOK 1998.

Potential, developed and permanent water courses

Electricity prices

The total electricity bill of households consists of power price, grid rent and public taxes (consumer tax and VAT). The total price of households fell from 75.9 øre/kWh in 2006 to 63.2 øre/kWh in 2007, excluding VAT. Power price, grid rent and consumer tax were 29.2, 24.0, 10.0 øre/kWh respectively. The power price for pulp and paper products and power intensive manufacturing came to 22.5 and 18.6 øre/kWh respectively in 2007.

Power production

The production of power came to 137.2 TWh in 2007; an increase of 13.0 per cent compared with 2006. Norway’s exports of power came to 15.3 TWh, while imports totalled 5.3 TWh. This gave a net export of 10.0 TWh.

Higher consumption of electricity

There was an increase of 3.5 per cent in electricity consumption from 2006 to 2007 and total net consumption totalled 114.9 TWh. Consumption in households amounted to 33.5 TWh in 2007; an increase of 1.2 TWh compared with 2006.