Renewable energy will be the main contributor to long-term generation capacity increases in the Nordic electricity market. In particular since Sweden and Norway agreed in early September to establish a common market for green electricity certificates. “With Norway joining the system, this market will receive a lot of support. Green certificates will soon become the central driver for new investments”, says Christian Sjødin, managing director of Nena AS .

Nena is now offering a green certificate analysis of the joint Swedish-Norwegian market. How does the system work? How stable is it? Will small-scale hydro suddenly dominate new wind investments?

Judging regulatory frameworks and political settings, analysing potential renewable capacity, estimating cost structures of wind, hydro and biomass and forecasting the price of green certificates set the basis of this analysis, updated semiannually.

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