Nordic Renewables

Outlook 2021 - 2045

Fall 2020, 22nd edition

Available from October 28th

Windmills over the mountains

Key discussions for the Fall 2020 edition

  • Comprehensive database with a detailed overview of more than 100 TWh potential onshore wind projects pending or with approval.

  • Overview of large projects under construction as well as the expected onshore wind, large hydro, bio and offshore wind power projects to take investment decision.

  • Merit order overview of Nordic renewable investments from 2020 to 2030.

  • Overview of PPAs associated with Nordic renewable investments.

  • Expected electricity certificate price development: weather risk, technological, financial and political risk.

  • Complete monthly and annual el certificate balance up to 2045 for all technologies, with according phase-out and accumulate balance development.

Report Content

Renewable investments potentials and expected renewable development in Norway, Sweden, Finland and Denmark, in addition to the usual analysis of the Electricity Certificates market.

The report discusses relevant energy storage technologies to enable the extensive development of renewable energy.

Various framework conditions in the Nordic region addressing the long-term targets for reducing greenhouse gas emissions in the EU

The analysis is available as pdf and paper versions, including a spreadsheet with all relevant calculations from the analysis.

Chief analyst Sigbjørn Seland holds presentation


Workshop at client premises or in the StormGeo office in Oslo where pre-agreed topics related to Nordic renewables are presented and discussed. Can be combined with the most recent “Nordic Power Outlook 2021-2045”. Use this opportunity to enhance your understanding of the market and to challenge Nena analysts.

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Why not add a long term analysis on Nordic power?

Nena launches updated long term report on Nordic Power Outlook until 2045 on October 21st. We highly recommend to include this report as the elcert and power markets are strongly interlinked.