Norwegian energy storage equipment manufacturer

4 FAQs about [Norwegian energy storage equipment manufacturer]

What is the largest energy company in Norway?

The largest energy company operating in Norway is Equinor ASA, which was renamed from Statoil ASA in 2018. The company was created by the merger of Statoil and Norsk Hydro in October 2007. Norway’s government is the company’s largest shareholder, owning a majority stake of the company.

Is stationary energy storage a good idea in Norway?

Electric cars now account for 79 per cent of new cars sold in Norway, and the MS Medstraum was recently launched as the world’s first electric fast ferry. In a global report on lithium-ion batteries, Norway ranked first in sustainability. These are impressive records. Even so, stationary energy storage is beginning to steal the limelight.

Does Norway have a battery market?

Today Norway has not one, but two huge battery markets. “There are two market drivers for batteries: EVs and stationary energy storage. Energy storage is coming on strong now. It’s the key to turning intermittent wind and solar into a stable energy source,” explains Pål Runde, Head of Battery Norway.

What is battery Norway?

Battery Norway (Norwegian Battery Platform) is a national industrial collaboration platform focused on innovation and sustainable value creation opportunities, encompassing the entire battery supply chain. It will closely follow the EU’s battery strategy and act as an advisor to the authorities. Battery Norway aims to help to:

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