Norway's looming "supply squeeze"
Thu Feb 05 2026
Norway is normally an exporter of electricity to its neighbours , but experts are sounding alarm bells. They warn that the increase in demand from electrification and data centres will eclipse the country's abundant power supply. Has Norway now reached that crucial turning point?
In this episode, Richard sits down with Nordic market experts at the Pareto Securities conference in Oslo to discuss the how government subsidies are distorting investment decisions, and why major demand drivers like data centres need faster grid reforms and connections.
Host: Richard Sverrisson - Editor-in-Chief, Montel News
Guests:
Erik Strømsø - CEO and Co-Founder, BW ESS
Jørn Skaane - CEO, Lefdal Mine Datacenter
Lars Ove Skorpen - Director of Power & Renewable Energy, Pareto Securities
Contributor: Petter Udland - Norway Reporter, Montel News
Editor: Oscar Birk
Producer: Sarah Knowles
Subscribe to the podcast on our website, via Apple Podcasts or Spotify
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Norway is normally an exporter of electricity to its neighbours , but experts are sounding alarm bells. They warn that the increase in demand from electrification and data centres will eclipse the country's abundant power supply. Has Norway now reached that crucial turning point? In this episode, Richard sits down with Nordic market experts at the Pareto Securities conference in Oslo to discuss the how government subsidies are distorting investment decisions, and why major demand drivers like data centres need faster grid reforms and connections. Host: Richard Sverrisson - Editor-in-Chief, Montel News Guests: Erik Strømsø - CEO and Co-Founder, BW ESS Jørn Skaane - CEO, Lefdal Mine Datacenter Lars Ove Skorpen - Director of Power & Renewable Energy, Pareto Securities Contributor: Petter Udland - Norway Reporter, Montel News Editor: Oscar Birk Producer: Sarah Knowles Subscribe to the podcast on our website, via Apple Podcasts or Spotify