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Norway May Boost Hydro Output 12% by 2020, Survey Shows

Norway, Europe’s biggest producer of hydropower, may increase annual production by 12 percent through 2020 as the country strives to meet EU targets for higher renewable energy output, an investor survey showed.

Hydropower investors are ready to build new plants and upgrade existing stations, adding at least 15 terawatt-hours of annual output to Norway’s average 130 terawatt-hours over the next eight years, a survey published today by the Oslo-based Center for International Climate and Environmental Research, Cicero, showed.