Post on 21-Dec-2015
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Norway: Powered by NatureBuenos Aires, November 3, 2010
Norway in a Nutshell
•4 ½ million people
•Hydropower accounts for about
98-99 per cent of the total
electricity production.
•Norway has a great deal crude
oil and natural gas. Norway is
one of the largest exporters of
crude oil in the world.
•Why is such a small country so
innovative in energy?
Energy Competence
•Norway has a responsibility, as well as a national advantage, within
the energy sector.
•Knowledge and competence from traditional sources such as
hydropower and oil and gas will be able to play an important role in the
work to find solutions that improve the production and use of energy.
•Norway has the ambition to create value in the energy and
environment domestically and around the world
Key to innovation is government funded research
Government Support is Key
•Ministry of Petroleum and Energy
•Research Council of Norway
•Enova
•Innovation Norway
Research Council 2010 Budget
Approximately NOK 23.6 billion (about 4 ½ billion USD).
The Bio-oil Refinery Project, part funded by the Research Council of
Norway and Aston Unversity (UK), are developing integrated bio-oil
technology to transform biomass more efficiently into biofuels through
fast pyrolysis.
FMEs: National Centres for Environmentally Friendly Research
Public, Industry and Research As Partners
Enova
Enova has supported 14 wind
power projects that are expected
to deliver an annual production
of about 1,600 GWh .
About NOK 130 billion annually is
spent on new construction and
rehabilitation of existing buildings.
Enova's goal is to reduce energy
consumption and increased use of
renewable energy in buildings.
Innovation Norway
Supporting a profitable partnership
Competent Norwegian supplier
IRD-contract
Competence Reference and/or market channel
New or improvedproduct/service/process/method
Demanding customer
Innovation
IRD-contracts in the innovation process
Idea Development Commercialization Growth
Tax-incentives
Commercial sources
Non commercial sources
Business Angels Venture Capital & PE
Stock Exchange
Tax deducation scheme (Skattefunn)
R&D grants
Risk loans
Seed Capital
Stipends
IRD-contracts
Regional development grants
International Growth
Some Norwegian Success Stories
Osmotic Power
Solar Technology in Cold Norway?
•Norway has a long metallurgical
history, from which solar
comptence is easy to modulate
for the solar industry
•There is a great deal of activity
in this sector in Norway, and
they are creating value around
the world based on their solar
processes
Hywind
Turbine size: 2.3 MW Turbine weight: 138 tons Turbine height: 65 m Rotor diameter: 82.4 m Draft hull: 100 m Displacement: 5300 m3 Diameter at water line: 6m Diameter submerged body: 8.3 m Water depths: 120-700 m Mooring: 3 lines
Wastewater Innovation
Thank you for your attention!
Alana.prashad@innovationnorway.no