The Energy Transition in Norway

Norway is positioning itself as a key leader in Europe’s critical minerals and energy transition, leveraging its rich resources and commitment to sustainability. The country boasts a dominant role in hydropower, with its vast renewable energy capacity playing a crucial part in its low-carbon energy strategy. Norway’s focus on rare earths, battery materials, and critical metals such as cobalt, copper, and graphite supports Europe’s clean energy and technology sectors. The country’s well-established mining industry is complemented by its excellence in Environmental, Social, and Governance (ESG) practices, ensuring that its resource extraction aligns with sustainable development goals. Norway’s energy mix is increasingly diversified, with investments in wind power and a continued reliance on natural gas as a key transitional fuel. As a member of NATO, the European Economic Area (EEA), and various international forums, Norway’s geopolitical alliances strengthen its position in the global energy landscape. Norway’s commitment to both mineral extraction and clean technologies, alongside its focus on recycling and resource efficiency, underpins its ambition to drive the European green transition. Additionally, Norway’s overseas territories, including its Antarctic holdings, play a strategic role in its resource exploration activities. Through its integrated approach, Norway is set to maintain its leadership in Europe’s sustainable energy future.