This is an archived release.
Large increase in operating profit in power industry
The operating profit in the power industry came to NOK 37.7 billion in 2010; an increase of 29 per cent compared with 2009. This may be seen in conjunction with higher electricity prices in 2010 that more than compensated for the lower production.
Production plants had the highest operating profit in 2010. This is also the case for previous years. The operating profit of production plants amounted to NOK 27.5 billion. Grid companies achieved an operating profit of NOK 6.6 billion, whereas the operating profit of remaining plants totalled NOK 3.6 billion.
Annual profit in the power industry came to 21.8 billion in 2010. This is an increase of 26 per cent compared with the previous year.
Rise in gross investments
The gross investments (purchase minus sale of fixed assets) in the power industry rose from NOK 10.9 billion in 2009 to NOK 11.8 billion in 2010. Gross investments in hydro power plants came to NOK 3 495 million, whereas gross investments in thermal power plants and wind power plants were NOK 122 and 633 million respectively. Investments in central grid systems, regional grid systems and local grid systems were NOK 779, 972 and 3 026 million respectively in 2010.
Increase in electricity consumption
There was an increase of 7 per cent in total net electricity consumption from 2009 to 2010 and the consumption totalled 120.6 TWh. The electricity consumption in services and households rose by 1.3 and 3.1 TWh respectively. The increase may be seen in light of the colder weather in 2010. The electricity consumption in power-intensive manufacturing rose by 2.1 TWh.
Rise in electricity prices for households
Households’ total electricity bill consists of power price, grid rent and public taxes (consumer tax and VAT). The total price for households increased from 71.5 øre/kWh in 2009 to 87.4 øre/kWh in 2010, excluding VAT. Power price, grid rent and consumer tax were 49.0, 27.7 and 10.7 øre/kWh respectively.
Lower electricity generation and net import
Electricity generation totalled 123.6 TWh in 2010; a decrease of 6 per cent compared with 2009. Norway’s exports of power came to 7.1 TWh in 2010, while imports totalled 14.7 TWh. This gave a net import of 7.6 TWh.
- Table 01 Power stations, by size (maximum output). 1974-2010
- Table 02 Hydro-electric power stations, by size (maximum output) and county/ownership group. 2010
- Table 03 Production, imports, exports and consumption of electric energy. 1950, 1955 and 1960-2010. GWh
- Table 04 Production of electric energy, by type, county and ownership group. 2008-2010. GWh
- Table 05 Net consumption of electric energy, by type and consumer group. 2009 and 2010. GWh
- Table 06 Net consumption of total electric energy, priority and non-priority, by consumer group and county. 2009 and 201. GWh
- Table 07 Net consumption of total electric energy in households per capita, by county. 1994-2010. kWh
- Table 08 Prices on electricity and grid rent excluding taxes, by consumer group. 2010. øre/kWh
- Table 09 Prices on electricity and grid rent to households, by county. 2010. øre/kWh
- Table 10 Prices of electric energy traded in the wholesale market and concession power. 1994-2010. øre/kWh
- Table 11 Number of utilities and generators, persons engaged and staff-years, by type of utility and activity. 2009 and 2010
- Table 12 Economic main figures for the electricity market. 2000-2010. NOK million
- Table 13 Income statment for enterprises in electricity supply, by type of utility. 2009 og 2010. NOK million
- Table 14 Key figures for enterprises in electricity supply, by type of utility. 2009 and 2010.
- Table 15 Income statment for enterprises in electricity supply, by ownership group. NOK million
- Table 16 Key figures for enterprises in electricity supply, by type of utility
- Table 17 Acquisition and sale of fixed assets, by type of capital. 2010. NOK million
- Table 18 Acquisition of fixed assets, by type of utility, county and ownership group. 2010. NOK million