Norway's Dry Winter Impacts Europe's Clean Energy Supply
Norway is experiencing its driest winter in decades, leading to a significant reduction in snow reserves that are crucial for hydropower generation. This shortfall has resulted in a 25 terawatt-hour energy deficit, nearly a fifth of Norway's total hydropower output last year. The lack of snow has forced companies to limit water outflows from reservoirs, impacting electricity exports to the UK and Germany and causing a surge in Nordic electricity prices. Norway's hydropower system, which typically meets domestic demand and allows for significant exports, is under strain due to the weather conditions. The situation highlights the vulnerability of weather-dependent energy systems, as noted by Kari Ekelund Thorud, executive vice president for energy at Norsk Hydro ASA. 
