| dc.description.abstract | In response to Russia’s invasion of Ukraine in February 2022, the European Commission presented the REPowerEU plan with the goal to reduce EU member states’ reliance on Russian oil and gas. The plan encompasses various measures, including the reduction of energy consumption, the exploration of alternative suppliers of gas and oil, and increased investment in renewable energy production. To facilitate the establishment of new energy infrastructure and systems required, the initiative incorporates financial and legal support. Amidst these developments, an important question arises: can REPowerEU foster the transition towards clean energy?
Norway, with its favourable geographic characteristics and access to renewable energy sources, as well as strong competence clusters and research environments, is influenced by EU legislation through its membership in the European Economic Area. This thesis aims to explore the pathways for overcoming dependency on Russian natural gas as outlined in the European Commission’s REPowerEU plan. It investigates the potential impact of these actions on Norwegian competitiveness in the renewable energy sector, with a focus on strategic integration of hydropower, expanding wind power capacity, and the potential for green hydrogen production. How competitiveness is affected is assessed from both short-term and long-term perspectives, and further we delve into the potential for Norway to enhance its own competitiveness while also supporting Europe's transition to green energy. | |
