Norway’s government appointed on Friday a committee tasked with considering whether the country should develop nuclear energy as an electricity source. Kristin Halvorsen, a former finance minister and currently director of the Center for International Climate and Environmental Research in Oslo, will lead the committee, which is set to deliver its report with the findings by April 1, 2026. Norway ditched the idea of nuclear as a power source in the 1970s, but it is now revisiting the idea.
Currently, hydropower accounts for about 88% of Norway’s power production capacity, with wind farms making up another 11%. Norway joins many other Western countries that have doubled down on nuclear power since the Russian invasion of Ukraine and the energy crisis. Since the start of the war and an energy-market-disrupting series of Western sanctions, nuclear power has regained much support in Europe as a critical aspect of reaching net-zero by 2050.
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Source: FT - 🏆 113. / 51 Read more »