Skip to content

Norway Mulls Curbing Electricity Exports to Avoid Shortages

  • State may propose rule to limit exports if hydro levels drop
  • Government is under pressure to keep bills low for households
Electric vehicles at charging stations in Oslo.
Electric vehicles at charging stations in Oslo.Photographer: Fredrik Bjerknes/Bloomberg
Updated on

Norway, one of Europe’s biggest electricity exporters, is considering measures to limit power shipments to prevent domestic shortages amid surging prices, according to local media reports.

The government may propose a rule to limit exports if the water level for Norway’s hydro reservoirs drops to “very low” levels, to ensure security of supply, said Energy Minister Terje Aasland, according NTB newswire. The limit would take account of seasonality and would differ across the about 1,800 hydro reservoirs, he said.