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Energy market
Norway hydro PPA — 98% renewable, Europe's lowest prices
Norway produces 98% hydro and exports 25 TWh/year. Hydro PPAs €32–48/MWh, ideal for AI data centers (Stavanger, Lefdal, Mo i Rana).
TSO
Statnett
Annual surplus
25 TWh
PPA price
32–48 €/MWh
Capital
Oslo
Surplus hotspots
- ●Vestlandet (hydro)
- ●Nordland (hydro)
- ●Finnmark (wind)
Data center hubs
- ●Oslo
- ●Stavanger (Green Mountain)
- ●Mo i Rana
Frequently asked questions
Why is Norway so competitive?+
Hydro depreciated since the 1960s + low domestic demand = €18/MWh LCOE.
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