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.  

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GREBE Reports on Technology Case Studies

Wavenet - page 4

Many regions of the NPA have some of the best renewable energy resources; however in many cases they are not being effectively exploited. The Case Studies aim to address this by the assessment of a range of renewable energy technologies to determine the drivers and barriers for their transferability to other areas in the NPA where the same renewable energy resource  are available but are not widely exploited.

The Case Studies exemplify how, through the proper identification of appropriate and scaled technological solutions, renewable energy resources in each partner region, can meet the demands of energy markets. The technology case studies were informed by engagement with technology providers and other relevant stakeholders. The focus of the case studies is on technological choices (details of how these operate, innovations etc.), funding mechanisms, processes of delivery and adaptation in different partner regions, assessment of technical and financial risks, and demonstration/piloting routines.

The case study collection provides evidence and data on important drivers and barriers and an in-depth analysis of the Renewable Energy technologies feasibility prospect to be transferred across partner regions. The case studies cover technologies, market access and business growth paths.

These cases studies are based on the following technologies:

TableTM

Further information can be found on the case studies section under the publications page here: http://grebeproject.eu/publication/

The New Climate Economy

L1000117
Longyearbyen, Svalbard, Norway

Renewable energy and innovative climate technology would play a key role in the transformation of energy systems from fossil to renewable – due to the report: ‘The New Climate Economy’ from The Global Commission on the Economy and Climate. We are going towards a low emission society that will require changes in energy use, consumption and production patterns.

The report ‘The New Climate Economy’, shows how technological innovation and investments in efficient low emission solutions can create new possibilities for improved economic growth. A main conclusion from the report is that there is often no contradiction between economic growth and climate action. In order to achieve growth, we need to use more renewable energy, and also developing new technological solutions. In the transformation of energy systems from fossil to renewable, innovation and technology development would play a key role.

The change process to a low emission society is demanding, but also creates new growth opportunities. The periphery regions of Europe are well positioned to take part in the development of new energy and climate technology – based on their assets; renewable energy production, environmental knowledge, sustainable technology development focus and climate technology goals.

Technology development

The technology development takes place in a market with players range from major companies with designated development departments to individual enterprises and entrepreneur companies. The large companies are important for driving development, the smaller and creative suppliers often provide new ideas. The key elements for renewable and climate technology development:

  1. Private industry – is the most important driver of technology development. They develop new technology when this is competitive with established solutions. If the private industry companies and business are to invest in innovation – there must be a possibility to make profit and a market hat is willing to pay.
  2. Price level – In the energy market it has always been the price level that come first, then requirements for renewable energy and environmental standards – is this situation about to change?
  3. Recession – Technology development often take place during periods of recessions – the necessity of improving efficiency and innovation is stronger when competition gets tougher during periods with lower demand.
  4. Public support – for development of renewable energy and climate technology has proven to be important. It exists in a range of policy instruments – covering the entire development course from research to demonstration of new technology, and thus ensuring that projects reach the commercialization phase.

Necessary help

It takes time to develop new technological solutions. Without any profitable prospects, there is no basis for technology development. It is important that those with the ability and willingness to take the investment risk, receive the necessary help along the way. The GREBE Project should strengthen the efforts to bring new technology to the market, and ensure the realization of new technology projects – give the necessary help to companies that wants to bring new renewable and climate technology to the market.

The change to renewable energy is on it’s way.