
Norway is the sole Nordic nation with a capacity shortage, meaning the amount of power that could be produced when needed during peak hours.
Denmark, Sweden and Finland are already seeing negative capacity, and towards 2030, the entire Nordic region will be reliant on electricity imports during peak consumption, as unregulated renewable energy sources cannot supply enough power in the absence of sunlight and windy weather, reveals new report from the Norwegian Water Resources and Energy Directorate (NVE).
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