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Norway is a Petrostate. Nuff said. Note on Hydro power. This may change in the future when water supply runs out due to climate heat up. They might resort to u
by dvorack101 2y ago
Norway is a Petrostate. Nuff said.
Note on Hydro power. This may change in the future when water supply runs out due to climate heat up. They might resort to using pumps to fill the reservoirs like other countries do (it's not all green). Also depending on a certain high oil price, the use of pumps to fill the reservoirs can be a business model.
https://blog.sintef.com/energy/norwegian-pumped-storage-hydropower-could-help-stabilise-electricity-prices/ https://blog.sintef.com/energy/norwegian-pumped-storage-hydr...