Emissions Targets and Energy Efficiency Opportunities in Norway

Date: April 1, 2011
Pages: 32
Price:
US$ 2,900.00
Publisher: Datamonitor
Report type: Brief Review
Delivery: E-mail Delivery (PDF)
ID: E5A1D89E4DDEN
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Emissions Targets and Energy Efficiency Opportunities in Norway
Introduction

In line with international agreements, Norway has set itself ambitious environmental targets, with its latest reforms aimed at meeting them. In 2008, the country agreed to steep emissions cuts of 30% below 1990 levels by 2020, in line with the overall European Union (EU) target of 20%. However, the country went a step further later in 2008 and committed to carbon neutrality by 2030.

Features and benefits
  • Analysis of key facets of Norway's emissions and energy efficiency targets and initiatives.
  • Analysis of Norway's performance with respect to its set targets for emissions control and energy efficiency.
  • Key business opportunities generated by Norway through policies and measures undertaken to achieve its emissions and efficiency targets.
  • Analysis of Norway's long term plan, and the importance of carbon capture and storage in the country.

Highlights

Norway is not a party to the EU 20-20-20 targets. However, its emissions reduction schemes have paralleled those of the EU as the country’s economy becomes more closely entwined with the Union. A large chunk of its carbon mitigation is expected to come through the ETS and cooperative projects with other countries.

Norway has a 30% emissions reduction target, the achievement of which will be through energy efficiency measures as well as emissions reduction and renewable energy initiatives.

The country plans to be carbon neutral by 2030, and the achievement of this is dependent on its efficiency, renewable energy, and emissions performance. When it comes to reducing emissions, Norway has pinned its hopes on programs like the ETS, which will ensure that it can push a lot of measures outside the country, at least in the short term.

Your key questions answered
  • Assess Norway's potential for investment in sectors involving energy efficiency and emissions mitigation.
  • Analyze trends for energy usage, emissions control and legislations in place in Norway in order to meet its emissions targets.
  • Identify sectors with high levels of legislative support and their future outlook.
OVERVIEW

Catalyst
Methodology
Executive summary

COUNTRY SNAPSHOT

Macroeconomic indicators
Energy sector overview

INTRODUCTION

Emissions mitigation in Norway
  Current action plan
Role of energy efficiency
Carbon capture and storage (CCS)
  Viability of CCS
  CCS in the EU and Norway

EMISSIONS MITIGATION IN NORWAY

Commission on Low Emissions
Major schemes
  Emissions trading scheme
  Taxation
  Pollution Control Act
  Climate awareness campaign
Emissions by sector
Emission reduction measures by sector
  Transport
  Petroleum and energy
  Manufacturing
  Buildings
  Waste
Opportunities afforded by potential and current measures
Future outlook

ROLE OF EMISSIONS TRADING IN NORWAY

The Kyoto Protocol and emissions trading in Norway
Emissions outside the ETS in Norway
Emissions performance of Norway
Future outlook

ENERGY EFFICIENCY IN NORWAY

Compliance and measures employed
  Housing and services
  Transport
  Industrial
Energy efficiency performance
Future outlook

CONCLUSION

Trends for energy efficiency and emissions
Business opportunities
Performance and future outlook

APPENDIX

Mechanism of ETS in Norway
Reduce energy use – Industry
Sources
Further reading
Glossary
  Biofuel
  Biomass
  Carbon dioxide (CO2)
  Carbon dioxide equivalent (CO2e)
  Carbon footprint
  Carbon offset
  Carbon trading
  Cleantech
  Climate change
  Cogeneration
  Compound annual growth rate (CAGR)
  Emissions trading
  Geothermal energy
  Greenhouse gases (GHGs)
  Hydropower energy (hydro)
  Microgeneration
  Photovoltaic (PV) and solar thermal energy
  Renewable energy
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Emissions Targets and Energy Efficiency Opportunities in Norway
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