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Decarbonising Norway's upstream industry - is it profitable?

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22 June 2020

Decarbonising Norway's upstream industry - is it profitable?

Report summary

The decarbonisation of Norway’s prolific upstream sector will be integral in the country’s efforts to meet its climate targets. With power turbines contributing up to 85% of Norway’s upstream emissions, electrifying offshore platforms - through power from shore or floating offshore wind - is one solution. In this report, we provide an overview of electrification in Norway and examine the economics of three upcoming projects: 1. Utsira High 2. Troll B+C 3. Hywind Tampen Can these projects compete with traditionally higher-return upstream projects?

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    Decarbonising Norway's upstream industry - is it profitable.pdf

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