Green battery technology – towards a low-carbon, circular ecosystem in Norway
With clean, renewable energy, modern mining, a world-class process industry and unrivalled access to used EV batteries, Norway is the ideal place to develop the battery value chain.
Advantages beyond expertise and technology
Norway offers more than advanced technologies, ultra-high health and safety standards, and world-class services. It has a number of unique advantages for business, too.
Electricity generation in Norway is based nearly 100% on renewable energy sources. In 2023, an impressive 89% of Norway’s electricity was produced from hydropower and 9% from wind power (source: Norway - Countries & Regions - IEA).
Thanks to its stability, digitalised society, world-class infrastructure and strong economy, Norway is a great place to do business. In the World Bank’s latest ranking, Norway ranked no. 4 in Europe for Ease of Doing Business (source: Doing Business 2020).
Norway is no. 2 in the world on the Human Development Index (source: Country Insights | Human Development Reports). The country offers a high standard of living, excellent healthcare and education, good work-life balance, public safety and a clean environment.
