Norway to spend oil cash on renewables says PM

Norway is going to spend some of its oil profits on renewable energy. Prime Minister Erna Solberg said this week the sovereign wealth fund would be invested in green energy. Just last week the politician sometimes described as “Iron Erna” told Reuters her country shouldn’t dig too deeply into its $850 billion wealth fund in […]

‘Critical stage’ for UK-Norway electricity link

Plans to build an interconnector between the UK and Norway are entering a “critical stage” which needs favourable policy decisions. That’s the view of National Grid which has been working with Norwegian firm Statnett for the past five years in developing the 700km electricity link – which will be the longest interconnector in the world. […]