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How Norway Became Europe’s Biggest Power Exporter

Category: Business News

The world’s largest synchronous electricity network has allowed many European countries to make power trading a part of everyday grid balancing. Until now, France has usually acted as the grid’s largest exporter, thanks to its location and nuclear fleet. But in 2020, Norway rose above France to become Europe’s powerhouse. What changed in the two countries, and is this an anomaly or a trend?

Source: power-technology.com


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Walter Mondale: Exemplifying an Upper Midwest Modesty and Norwegian Good Humor

Category: Business News

Walter Mondale, who transformed the role of the vice president during Jimmy Carter’s one-term presidency, yet suffered a crushing political defeat as the Democratic nominee against incumbent Ronald Reagan in 1984, has died. He was 93. Mondale, often called by his nickname “Fritz,” died Monday in Minneapolis, his family said in a statement. No cause […]

Source: Deadline


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Virtual Visit by HRH Crown Prince Haakon of Norway to the State of California

Category: Business News

Day 1 Focusing on Norway and California’s partnership in the global effort to combat climate change, their strong coastal cultures, and their shared interest in deploying new technology to promote a sustainable future, the program for Day 1 will addresses how important an exchange of ideas is to achieving common climate goals. HRH Crown Prince […]

Source: Norway Events


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Norwegian Corporate Training Startup Attensi Raises $26M from NYC’s Lugard Road, DX Ventures

Category: Business News

Corporate training startup Attensi — which originally emerged out of Oslo, Norway — has raised $26 million from New York-based Lugard Road Capital, DX Ventures (a VC fund backed by Delivery Hero) and existing shareholder Viking Venture. The new funding will be used to expand in North America and Europe. Attensi uses a gamified approach to corporate training, […]

Source: TechCrunch


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Chevron, in Deal with Norway’s Moreld, Becomes First Major US Oil Company to Invest in Offshore Wind Project

Category: Business News

Chevron is the first U.S. oil major to invest in offshore wind power after signing a deal with Norway’s Moreld to help develop the turbine technology of tech firm Ocergy, while European oil giants Shell, Equinor and Total have already waded deeply into offshore wind projects.  “Offshore wind power is undergoing a period of rapid innovation […]

Source: Forbes


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