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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
159 Local authorities
Private Sole owner
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.
- Summer '14