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 September 2009 to establish a common market for green electricity certificates.

Nena’s green certificate analysis of the joint Swedish-Norwegian market is a fundamental forecast for the green certificate market the next 25 years. 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.

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