HANNOVER MESSE 2024

Norway has a rich industrial history. For over 100 years, our vast production and access to clean, renewable energy puts us in a unique position, and hydropower is still the backbone of the Norwegian power system. Our 50+ years of offshore experience (in the North Sea), including in energy- and maritime-related industries, is a robust foundation for the green and innovative industrial solutions for the future.

We are known internationally as a reliable energy producer. Our heritage, combined with a competent work force, advanced industrial and energy technologies, as well as a high degree of trust and stability, makes us an attractive partner in the green transition– and an attractive country for doing business.

Norway is part the single (common) European market and has a stable and predictable political and economic environment, providing international businesses with a secure foundation for trade and investments. Transparent business practices, a robust legal framework and low corruption levels contribute to a favourable investment climate, minimising risks for international businesses.

Norway is home to a highly skilled and educated workforce, proficient in English. The Norwegian business culture emphasises collaboration, innovation, and a good work-life balance, creating an environment conducive to long-term partnerships and successful ventures.

Norway has positioned itself as a global leader in sustainable technologies and innovations, particularly in renewable energy, electric mobility, and green infrastructure. Norwegian businesses are committed to environmental stewardship, making them attractive partners for investors interested in sustainable and eco-friendly ventures.

One example is the project MF Hydra, in which Norwegian companies joined forces to design, equip and build the world’s first ferry to run on liquid hydrogen. Another is Norway’s sustainable data centres powered by renewable energy.

Norway also has the world’s highest penetration of electric vehicles (EVs) and can provide expertise in application of batteries in both maritime and land-based transport. Norway is set to be an attractive host country for profitable activity along the entire battery value chain. For instance, Morrow Batteries, whose production is 100 % powered by renewable energy, is building the world’s first large format LMNO (Lithium Manganese Nickel Oxide) battery.

Norway embraces Industry 4.0 with advanced digitalisation and smart technologies in its industrial sectors. Norwegian businesses excel in adopting cutting-edge technologies such as IoT, AI and automation, providing foreign investors with opportunities to be part of a digitally advanced ecosystem.

One of many innovative AI solutions emerging from Norway is Intelecy’s no-code industrial AI tool that allows engineers to access and leverage all available production data without learning how to code.The machine learning software helps companies to cut energy consumption and maintenance costs and reduce resource waste.

Another example is Arundo’s Enterprise platform which provides asset-heavy businesses with access to critical edge-data streaming from a broad range of assets. Leveraging this data, the platform deploys complex machine learning models in minutes.

Norway has world-leading expertise from decades of offshore experience. An agile mindset has resulted in a transfer of expertise and experience between industries within offshore structures and power distribution. The ability to rethink and repurpose know-how makes Norway a resilient and adaptable business partner.

Norway is developing its offshore wind industry to become a significant player and aims to become a world leader in floating offshore wind. Norway is already the largest floating offshore wind player, following the development of Hywind Tampen (88 MW).

Norway’s Longship project is the world’s first full-scale open-source CCS project, which includes establishing a commercial market / model for CO₂ storage.

With a prime position bordering the North Sea, Norway is a key supplier of energy to Europe. Norway plays an important role in ensuring energy security by supplying natural gas to Europe and aims to supply low-carbon and renewable hydrogen in the future. Norway is also an important stakeholder in shaping and ensuring the sustainability of the future energy system in terms of climate and costs.

New solutions are being born along the Norwegian coastline every day. On the western coast, located in the North Sea, you find the Marine Energy Test Centre, which is playing a unique role in testing new concepts for floating offshore wind and other power generation technologies. Along the southern coast, you will find experts in the process industry specialising in battery materials