Nordic Green Power Boom Seen Exceeding Target on Wind Boost
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Sweden and Norway will probably exceed a joint target for renewable energy production by the end of the decade, industry consultant Nena AS said.
A goal of 28.4 terawatt-hours of annual renewable output by 2020 may be exceeded by 1 terawatt-hour, Joachim Jernaes, an Oslo-based analyst at Nena, said Monday by phone. More than 60 percent of the capacity needed has already been built, according to Nena, whose clients include banks and utilities. A terawatt-hour supplies 200,000 Swedish households for a year.