Distribution of electricity production in Norway 2021, by source

The vast majority of electricity produced in Norway comes from hydro power. In 2021, hydro accounted for 91.5 percent of electricity output in the Nordic country. Wind power contributed another 7.5 percent to Norway's electricity mix. Hydro electricity production in Norway amounted to roughly 144 terawatt hours in 2021.

Hydro power plants in Norway

   As of January 2021, there were almost 1,700 hydro power stations in Norway. Most of these were small or medium-small sized. The most common size was medium-small plants, with production capacity ranging from one to ten megawatts. Meanwhile, there were less than 100 plants with a capacity above 100 megawatts.

Energy companies in Norway

   There are several large energy companies in Norway, such as the fully state-owned Statkraft, the aluminum and renewable energy company Norsk Hydro, and Agder Energi. The largest energy company in the country, in terms of revenue, is Norsk Hydro, with revenue of around 150 billion Norwegian kroner in 2021 (roughly 17 billion U.S. dollars, based on December 31, 2021 exchange rates).