Norway is to curb electricity exports to Europe if water levels for its hydropower plants remain low in a blow to hopes that the Nordic country could help ease its neighbours’ energy concerns ahead of a difficult winter. Under political pressure from high local electricity prices despite abundant hydropower resources, Norway’s centre-left government decided on Monday to prioritise refilling its reservoirs when their water levels are below seasonal averages. Norway is one of the biggest electricity exporters in Europe, often … read more »
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