These concentrate mainly on the wholesale and spot

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Unformatted text preview: 43 of these are wholly owned by local authorities. A company that is wholly local-authority-owned may nevertheless have several local authorities as shareholders. Many companies have several owners, and cross-ownership is on the rise in this sector. Foreign ownership is relatively limited in the Norwegian electric power supply sector, but there are some foreign companies present in Norway. These concentrate mainly on the wholesale and spot markets. Table 1. Ownership as of January 1, 2006 Ownership Stake 232 35 28 159 Local authorities County municipality Central government Private Sole owner 143 12 9 83 Source: Norwegian Water Resources and Energy Directorate. Available on: <www.nve.no/modules/module_109/publisher_view_product.asp> Local authorities and county councils own around 50% of Norway’s electricity generation capacity. The government, through Statkraft AS, owns about 30%, and private companies roughly 13%. The 10 largest generating 26 © Ifri F. Harbo / The European Gas and Oil Market companies in Norway account for nearly 70...
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This document was uploaded on 03/30/2014.

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