Origin of electricity in Norway

Mandated by European legislation, Guarantees of Origin (GoO) is a tracking system that ensures transparency and provides customers with valuable information about the origin of their renewable energy. The total breakdown of the origin of electricity sold by Fortum Hedging AS in Norway during the previous calendar year (2022) and the total breakdown of the origin of electricity purchased by our customers under their electricity sales contracts are communicated below.

Residual Mix in Norway

The residual mix accounts for the electricity volume that has been consumed in Norway during a year deducted with the volumes of guarantees of origin issued for same period, the average specific carbon dioxide emissions and the amount of nuclear fuel used from electricity production according to the residual mix.

Unless the origin is verified and agreed between Fortum Hedging AS and its customers (and such verification is done outside of this notification by Guarantees of Origin), the residual mix in Norway is sold under the agreements. In 2022, the residual mix of sold electricity in Norway was as following:

14% renewable energy
16% nuclear power
70% fossil production

The average specific carbon dioxide emissions from the electricity production from the residual mix was 502 g/kWh, and the amount of spent nuclear fuel in the residual mix was 0,59 mg/kWh.

The amounts are based on the calculations by NVE (Electricity disclosure - NVE).

14%
Renewable energy

16%
Nuclear power

70%
Fossil production