Norwegian Energy Partners

NSP 06-11-2017

The establishment of the new organisation – Norwegian Energy Partners – is the result of a merger between INTSOK and INTPOW in 2017 given the name NORWEP. NORWEP will continue to provide support to the oil and gas supply industries in Norway, but will also now work with the renewable energy sector. The Norwegian Energy Partners will be combining the competence in previous INTSOK and INTPOW to mutual benefit for the whole Norwegian energy industry – as the international oil companies now reshaping and extending their investment strategies and the Norwegian supply industry looking to be well positioned to compete also in the renewable markets. In 2018 the Norwegian Government would give 3.7million Euro to NORWEP – to promote the Norwegian energy sector to the international market.  

INTSOK/INTPOW

INTSOK was an effective vehicle for promoting the Norwegian offshore industry’s capabilities to key clients in overseas markets and providing market information to its partners. The focus was on global opportunities, not only amongst large Norwegian companies but also amongst small and medium-sized enterprises. INTSOK was a network-based organisation where the partners exchange experience and knowledge of market developments internationally. INTPOW was the only national and the principal networking organisation for the Norwegian renewable energy industry. INTPOW’s members were Norwegian authorities, companies and other industry participants with an international expansion strategy. The joint forces between INTSOK and INTPOW will be an even stronger unit to open doors for Norwegian companies and technology.

The new organisation – NORWEP  

Norwegian Energy Partners will be combining the competencies of both organisations to mutual benefit for the whole Norwegian energy industry – building on:

  • The Norwegian energy sector has developed industry with experience, ideas, products and technologies – that are competitive in the most demanding global markets.
  • International oil companies are now reshaping and extending their investment strategies in to the renewable energy sector.
  • The Norwegian industry, known for its safe, reliable and energy efficient solutions, could also have a competitive edge with the increasing awareness around climate change.

The Norwegian Energy Partners role will be to continue the effective work done by INTSOK/INTPOW – for promoting the Norwegian energy industry’s capabilities, technologies and competence to key clients in the overseas markets and providing market information to the partners. NORWEP would still be a network-based organisation, facilitating dialogue between energy companies, technology suppliers, service companies and the Government.

New possibilities – Investment in renewable energy

Investment in renewable energy, energy efficiency and low carbon solutions are rapidly increasing. The Norwegian supply industry has a lot to offer in this changing energy landscape. The petroleum industry has solved technological challenges in a demanding environment on the Norwegian continental shelf since the very beginning of the oil production in Norway. The Norwegian supply industry has over 100 years of experience in developing hydropower, and is increasingly delivering technology to solar and wind development projects. The supply industry’s valuable competence is utilised across sectors. In fact, half of the members of former INTSOK – traditionally delivering to the petroleum sector, also delivers equipment, services and technology to the renewable energy sector.

  • Solar energy
  • Hydropower
  • Wind energy

 

Arctic and cold climate solutions

The Norwegian Energy Partners would also have a special focus on arctic and cold climate solutions – to strengthen Norwegian arctic related technology and competence. NORWEP wants to pave the way for Norwegian industry delivering world class technology and solutions for arctic and cold climate areas, as well as infrastructure – looking at international markets as USA (Alaska), Canada and Russia.

This is of course a very interesting focus for the Northern Periphery and Arctic Programme, NORWEP and the Norwegian Government discussing arctic and cold climate development projects.

Fast track internationalisation

NORWEP will assist the participating companies from the energy sector – in identifying their most optimal international markets based on the products and services the individual companies offer, as well as connect the companies to their respective markets. The result is an internationalisation strategy with defined activities and action plan on how to achieve the objectives. All done to reach a higher level of internalisation of the Norwegian energy business – building on fast track solutions.  

Advertisements

White paper on New Norwegian energy policy

NSP image 29-08-2016

The Norwegian government has this spring presented a White Paper on energy policy – ‘Power For Change – An Energy Policy Towards 2030’. The main message is that security of supply, consequences for climate and economic growth must be considered together to secure an efficient and climate friendly energy supply.  17 years have passed since the Parliament last received a broad overview of the development, status and perspectives of our national energy supply. Since the last White Paper in 1999, the energy markets and the policies of the countries around us have changed considerably. There now exists an international commitment to enhance efforts on emission reductions and climate adaption.

The renewable energy resources and a well-functioning energy sector are competitive advantages for Norway. An efficient energy market and access to reliable and clean renewable energy is crucial for a climate-friendly energy supply. The new Norwegian energy policy will enable increased use of renewable power in new areas.

The government wants the Norwegian energy supply to be the basis for continued growth and welfare. The new Norwegian energy policy would focus on four areas.

1. Enhanced security of supply

The societies focus on security of supply is growing. The government aims to uphold a satisfactory security of supply also in the years to come – and wants to make sure that market solutions enhance the flexibility of the energy system. The goal is to pursue a strengthened Nordic energy cooperation. The government wants a robust power transmission system on all levels, and will work for better coordination between transmission, consumption and production. New technology and the use of smart management systems will contribute to improved security of supply in the future.

2. Efficient production of renewables

Norway is blessed with huge renewable resources and the opportunity to make use of them. The governments energy policy should enable profitable production of renewable power in Norway.  The efforts in developing and using new technologies for renewable energy will continue. Stronger integration with other energy markets is important to maintain the value of Norwegian renewable resources. Therefore, the government aims to increase connections with European energy markets. The regulatory framework will be changed so that others than the state-owned TSO Statnett may own and operate interconnectors. To avoid reduced values of our existing renewable production, the government will not introduce new targets under the Green certificate system – and will also make the licensing process more efficient.

The government wants a long-term development of profitable wind power in Norway. The introduction of a national framework for wind power will contribute to dampen conflicts and contribute with appropriate choices of locating wind power.

3. More efficient and climate-friendly use of energy

The government wants to alter the focus from supporting mature production technologies towards innovation and the development of new energy and climate solutions. Our national agency for the support of green energy and energy efficiency, Enova, is our main instrument in this work. Enova’s overarching aims are reduction of climate emissions, strengthening security of energy supply and the development of technologies that in the long term contribute to lower climate emissions. The government has recently entrusted Enova with the responsibility of contributing to reduce climate emissions from transport. The development of new energy and climate technologies in the industrial sector will continue to be a main area of Enovas work. The government is proposing an ambitious national objective for energy efficiency.

4. Economic growth and value creation through efficient use of profitable renewable resources

The energy sector creates substantial values based on Norways renewable energy resources.

The use of renewable energy also enables value creation in other industries and sectors. The government will facilitate the development of our competitive advantages from deploying our renewable energy resources. The government proposes a new law that will enable industrial owners of hydropower to access predictable supplies in the future.

Future value creation based on our renewable resources is contingent on our ability for innovation and knowledge development. The government aims to achieve a smooth employment of tools from different institutions and innovation programs – building on the strategy “Energy 21” which is jointly developed by the industry, research institutions and public authorities.

Renewable energy focus

For the GREBE Project it is interesting to notice that 3 of 4 policy headlines in the new energy policy – directly focus on Norway’s renewable energy resources and how to make use of them and technological innovations to create renewable business.