The Effects of the Green Transition on Norway's Economy

Norway is one of the world's largest exporters of oil and it's pivotal to Europe's energy markets. It has now replaced Russia as Europe's main supplier of gas, right? And you also mentioned, I think in your panel this morning, that Norway has also become a flexible supplier of hydroelectric power. All these changes that we've been talking about, how have they affected Norway specifically? So our electricity consumption is mainly covered by hydropower. We are part of the European energy market. Norwegian consumers of electricity experience the same kind of surge in their energy bills as their European counterparts last year.