The Inexperienced Shift
Stein-Gunnar Bondevik is Government Vice President of Public Relations at Troms Kraft. He says the grid firm is planning on investing between NOK 500 and 700 million yearly within the coming years.
“This mirrors different actions within the area. The Inexperienced Shift results in main modifications and alternatives. We see factories popping up all around the nation, and if we within the Excessive North are to maintain up, we want a grid to go along with that ambition”, Bondevik says and provides:
“The Inexperienced Shift results in new alternatives, new investments, new worth chains. Electrical energy and energy manufacturing are key in all this. We play an important position, not solely with regards to distribution of power, but additionally in there being a stability available in the market. Proper now, the Excessive North has overproduction of electrical energy, and we hope the brand new investments within the Arctic might contribute to closing this hole.”
Checklist of scheduled investments in Northern Norway:
Hammerfest LNG: In 2018, Equinor and its companions introduced that they’d determined to take a position some NOK 5 billion in Askeladd, the second section of the Snow-White improvement. In June 2020, Equinor signed a Letter of Intent with Technip FMC relating to provides for the event of Askeladd Vest, which is to be related to Askeladd. Funding body: NOK 10-15 billion.
Johan Castberg: The Johan Castberg discipline lies within the Barents Sea and consists of the three deposits Skrugard, Havis and Drivis. Equinor has invested some NOK 21 billion within the Barents Sea as per 21.12.2019 and is planning to take a position some NOK 36 billion from 2020 onwards.
The Wisting Area: Wisting is an oil discipline within the Barents Sea. Equinor and its companions are scheduled to begin manufacturing by 2022.
Hydrogen manufacturing facility in Berlevåg: The event of hydrogen based mostly on wind energy from Raggovidda [the Raggo Plain]. Funding body: NOK 3-4 billion.
Ammonia manufacturing facility in Hammerfest: Equinor and Horisont Energi have signed a Letter of Intent to discover the chance for developing a facility to provide carbon-neutral ammonia based mostly on blue hydrogen. In response to the plan, the power is scheduled to have a manufacturing capability of multiple million ton of ammonia yearly. Funding body: NOK 8-10 billion.
Battery manufacturing facility in Mo i Rana: Freyr has plans for large-scale battery cell manufacturing in Northern Norway. The corporate expects to determine as much as 1,500 new jobs over the subsequent 4 to 5 years, most of those within the Helgeland area. Funding body: NOK 30-40 billion.
Hydrogen manufacturing facility within the Salten area: Meløy municipality needs to determine a hydrogen manufacturing facility in Glomfjord. Scheduled to be accomplished by 2023.
Andøya House Orbital: Andøya House Orbital is to develop and assemble what might develop into the primary industrial base for launching small satellites in Europe. The primary launch is scheduled for early 2022. Funding body: Roughly NOK 1 billion.
Wind energy tasks in Northern Norway
Wind energy farm at Kvitfjell, close to Tromsø
Hammerfest Wind Energy Plant
Wind Energy Plant in Tysfjord (Sørfjord Wind Energy Plant, into operation in 2020)
Øyfjellet Wind Energy Plant (Helgeland area, 72 generators scheduled to be prepared by 4Q 2021)