Norway plans to limit electricity exports

Due to the declining gas supply from Russia, there is currently a strong international demand for electricity from Norwegian hydropower plants.

The Scandinavian country is one of the largest electricity exporters in Europe. Thanks to its numerous hydroelectric power stations, Norway usually produces much more electricity than it consumes. But with rising prices and low water levels in reservoirs, there have been calls to limit power exports in recent months.

The government could therefore propose to limit exports if the level of water reservoirs drops sharply, Energy Minister Terje Aasland told local media NTB Newswire.

The sharp rise in electricity and gas prices is putting European solidarity in terms of energy supply to the test. Hungary, which has declared a state of energy emergency, is already trying to ban exports.

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