What is the business model behind NorGer?
A cable connection between Norway and Germany takes advantage of the disparity and price differences of electricity on the two power markets. In daytime, when electricity prices are highest in Germany, Norwegian electricity will be exported via the cable to the German market. At night, when consumption is low, the price in Germany is often lower. Electricity then flows to consumers in Norway. Because the power systems supplement each other, greater efficiency is realised along with revenue opportunities.