Possible Norsk Hydro closure could reduce Norway's power use by 12 percent
If Norwegian aluminum and energy company Norsk Hydro closes for a period, there could be extensive consequences for the largest-ever Nordic PPA. The company has committed itself to buy power for 19 years from the enormous 650 MW Markbygden onshore wind farm – a commitment that might be difficult to uphold due to a raw materials shortage.
Norway could for the second time in a short period be the epicenter of shockwaves in the Nordic energy market.
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