Energy and marine resources

The growing world population will need more and more food and energy. Sustainable use of marine resources will help to meet this demand.

Photo: Bjørn Luell/Statkraft

Norway is a maritime nation and has built up wide-ranging know-how on energy and marine resources. Norwegian experts have developed technology for sustainable development of natural resources. Our areas of expertise include renewable hydropower, fish and seafood, offshore oil and gas production, and fisheries and energy aid to developing countries. 

Knowledge about the oceans and the resources they provide will continue to be vital for future generations. We must establish sound regimes for resource use so that the blue economy can grow sustainably. This means working towards high environmental standards that are enforced both nationally and internationally.

In 2017, the Government presented a new ocean strategy. It takes as a starting point Norway’s history as a maritime nation, and focuses on the sustainable use and development of the oceans.

AIMS

  • ensure access to affordable, reliable, sustainable and modern energy for all
  • find solutions for meeting the world’s energy needs and share our knowledge and expertise
  • ensure well-functioning international energy markets, global energy supplies and European energy security
  • ensure effective implementation of the law of the sea and environmental legislation at both national and international level
  • ensure that value creation in the blue economy is based on sustainable use of marine resources 
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Oil and gas 40 % of exports

The total export value of crude oil and natural gas in 2015 was around NOK 450 billion. This is approximately 40 % of the total value of Norway’s exports.

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Oil for Development

Norway has long experience of managing petroleum resources in a way that promotes sustainable economic growth and Norwegian welfare. We are now sharing this experience with 12 other countries through the Oil for Development programme.

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Major hydropower producer

Norway is the world’s sixth largest hydropower producer, and the largest in Europe.

ACTION

  • highlighting the importance of the oceans as a source of food and energy
  • using our energy resources, seas and marine resources sustainably
  • promoting the development of sustainable solutions for resource use
  • promoting the development of expertise on sustainable and integrated marine management
  • playing a leading role in the fight against marine litter and microplastics in the oceans 
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Undiscovered resources

Huge areas of the oceans are still largely unexplored, and are likely to provide the world with minerals and other as yet undiscovered resources.

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Plastic waste

Researchers are concerned about the increasing amounts of plastic waste in the seas, and the consequences this will have for marine life.

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36 million seafood meals a day

In 2015, Norway exported an average of 36 million seafood meals every day.

Cooperation with Liberia on renewable energy

Long-term Norwegian support to the electricity sector in Liberia has focused on both strengthening of public sector institutions, support in human capital and expertise, and investment in infrastructure.

Norway has contributed NOK 492 million to the rehabilitation of the 88 MW Mt. Coffee Hydropower Plant that will provide more environmentally friendly and sustainable electricity in Liberia, as opposed to the current use of costly diesel generators. The first turbine was commissioned in late 2016, and the project will be finalized by the end of 2017.

Support has been provided to the Government of Liberia to establish the Liberia Electricity Corporation (LEC) as a competent, professional and financially sustainable electricity utility and to significantly improve electricity services throughout Monrovia. Norway has done this through capacity building programs in LEC and provided financial assistance to the installation and construction of transmission and distribution infrastructure throughout Monrovia.

To ensure professional implementation of the project Norway also supports LEC with financing the Project Implementation Unit. Other development partners for Mt. Coffee are the Government of Liberia, The European Investment Bank, the German Development Bank and the Millennium Challenge Corporation (US).

To increase the capacity and expertise in energy and water resource management in public institutions, Norway also funds a Technical Assistance Agreement between the Liberian Ministry of Lands, Mines and Energy and the Norwegian Water Resources and Energy Directorate (NVE).

The goal of the partnership is to build capacity in MLME to increase knowledge and implementation of legal frameworks,  and updating and maintaining  national hydro meteorological network and database.