Høvik, Norway, December 03 2025 – Norway’s energy transition is slower compared to other European countries with a lack of electricity generation set to leave it with a power shortfall, according to new report from DNV. Energy Transition Outlook Norway forecasts demand for electricity is increasing six times faster than the development of new power. This could have major consequences for domestic industry as well as limiting Norway’s ability to be a more significant partner to Europe’s changing energy needs.
