markets - Swedbank
markets - Swedbank
markets - Swedbank
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The Nordic power market – a key driver forprofitability• Yearly generation in Norway: 130 TWh – ofwhich 95% hydropower• 90 % of Norwegian hydropower is publiclyowned• Power prices are set on the Nordic powerexchange (Nord Pool) – and prices are driven by– Short run marginal cost of coal power generation– Hydrological situation in the Nordic region– Transmission lines• Green certificates from 201211
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