• Quittenbrot@feddit.org
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    3 days ago

    Maybe the power companies in Norway are buddies with the companies in Sweden

    Power is almost entirely covered by hydroelectricity in Norway. And 90% of that is held publicly (state, municipalities).

      • Quittenbrot@feddit.org
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        3 days ago

        There is no trade per se, only transport. The markup is due to limited capacity for this transport and goes into the pockets of the operator of the grid.

        That’s Statnett in Norway (fully state-owned) and Svenska Kraftnät in Sweden (fully state-owned), so no private beneficiaries.