Northern Norway offers a unique combination of the lowest power prices and the greenest energy.
No other country or area can offer such a combination. This situation is assumed to continue as Northern Norway already has a large surplus of renewable power with additional renewable energy being built, which will put a downward pressure on the power prices. As such Northern Norway will continue to be Greenest and Cheapest in the future.
The graph is an illustration from IEA showing the combination of carbon emissions per kWh and the cost of electricity. It is to be noted that Northern Norway’s production is not only fossil free, but comes purely from renewable energy sources.
Source: International Energy Agency