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2nd Quarter 2012: Norway has never exported so much electricity since 2000

The Norwegian Water Resources and Energy Directorate (NVE), which is the Norwegian Energy Regulator, has just published the data for the second quarter of 2012 in terms of export of electricity from the country. The conclusions for the covered period are as follows:

- power generation was high, but lower that normal. Hydropower producers have used their capacity in advance of the awaited smelting of winter snow, which they must have space for;
- a relatively warm weather entailed a reduced level of consumption;
- net export of electricity from Norway was 5.2 TWh, the highest recorded since 2000;
- during the same period in 2011, Norway imported 0.6 TWh;
- electricity prices remained relatively low: around 20 øre/kWh in South Norway; 22 øre/kWh in Mid-Norway; 21 øre/kWh in North-Norway;

References: NVE website and press release (in Norwegian) and quarter reports.

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