Business statistics for the electricity industry
Updated: 29 November 2023
Next update: 29 November 2024
2022 | Per cent change compared to last year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Price for households national level. Øre/kWh | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total price on electricity, grid rent and taxes | 248.3 | 68.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price on electricity | 156.0 | 110.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Grid rent | 33.9 | 14.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Taxes | 58.4 | 32.7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Electricity support deducted | 91.2 | 1 347.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total price of electricity, grid rent and taxes. Electricity support deducted | 157.1 | 11.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Economic main figures. NOK million | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensations of employees | 10 739 | 8.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Production value | 200 790 | 64.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cost of goods and services consumed | 31 378 | 29.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Value added | 169 412 | 72.4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Gross fixed capital formation | 22 135 | -24.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Acquisition of fixed assets | 23 052 | -22.7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sale of fixed assets | 917 | 104.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1The Norwegian government launched a temporary electricity support package for households in December 2021. The electricity support shown in the table is the weighted average electricity support for the whole country. Annual electricity support is calculated as the weighted average of the monthly electricity support. |
More figures from this statistics
- 08358: Prices on electricity and grid rent excluding taxes, by consumer group (øre/kWh)
- 10438: Economic key figures of the electricity industry (NOK million)
- 08363: Acquisition and sale of fixed assets (NOK million)
- 13428: Income statement for enterprises in the electricity industry, by Industrial Classification (SIC2007) (NOK million) 2020
- 13429: Income statement for enterprises in the electricity industry, by ownership group (NOK million) 2020
About the statistics
The statistics cover economic figures for the electricity industry, as well as power prices and grid rent.
The information under «About the statistics» was last updated 8 November 2023.
Electricity price, i.e. the price that households pay to the electricity suppliers. This part of the power market was deregulated in 1991. Costs relating to electricity certificates, which is a subsidy system for renewable power, are included in the electricity price. According tothe Norwegian Water Resources and Energy Directorate (NVE) and the Swedish Energy Agency, the cost of electricity certificates was about 1 øre/kWh in 2012 and 2013.
Grid rent, i.e. the price that households pay for the physical distribution of electricity. Unlike the deregulated electricity price, the grid rent is regulated.
Taxes consist of tax on consumption of electricity, value added tax (VAT) and subsidies to Enova. All counties in Norway have the same tax rate for the consumption of electricity, apart from some parts of Troms and the whole of Finnmark, which are exempt. The Enova tax was 1 øre/kWh in 2014 and is the same for all households throughout the country. VAT is added after electricity price, grid rent and other taxes have been added. Nordland, Troms and Finnmark are exempt from VAT.
Electricity support: The Norwegian government launched a temporary electricity support package for households lasting from December 2021 until the end of March 2023. The electricity support is calculated from the monthly electricity price in the price region. A county can be part of one or more price regions. The average price support per county is calculated by taking a weighted average of the support based on the electricity consumption of the households in the county of the price regions. The yearly support is calculated by taking a weighted average of the monthly support..
Production value is defined as turnover corrected for changes in stock of finished goods, work in progress and goods and services bought for resale.
Cost of goods and services consumed is the value of goods and services consumed as input in the production process; excluding fixed assets (consumption is recorded as consumption of fixed capital).
Value added is the sum of production value minus the cost of goods and services consumed.
The standard industrial classification 2007 (SN2007) is used for determining the population basis for the statistics.
Name: Business statistics for the electricity industry
Topic: Energy and manufacturing. Establishments, enterprises and accounts
Division for Structural Business Statistics
Table 2 has data on county level. The other tables have data on national level.
Annual. The statistics are published about 11 months after the reference year.
The annual electricity statistics are reported to Eurostat.
Collected and revised data are stored securely by Statistics Norway in compliance with applicable legislation on data processing.
Statistics Norway can grant access to the source data (de-identified or anonymised microdata) on which the statistics are based, for researchers and public authorities for the purposes of preparing statistical results and analyses. Access can be granted upon application and subject to conditions. Refer to the details about this at Access to data from Statistics Norway.
The purpose of the statistics is to give an overview over economic key figures of the power industry. The statistics go back to 1937, but have been changed several times since then.
External users are the Ministry of Petroleum and Energy, the Ministry of Finance, Norwegian Water Resources and Energy Directorate, Enova, the International Energy Agency (IEA) and Eurostat. The data material is also used by the Divison for National Accounts (930).
No external users have access to statistics before they are released at 8 a.m. on ssb.no after at least three months’ advance notice in the release calendar. This is one of the most important principles in Statistics Norway for ensuring the equal treatment of users.
Tables showing electricity prices in the wholesale market and the end-user market are available in the annual electricity statistics and quarterly electricity price statistics. The quarterly electricity price statistics are based on a sample of about 40 enterprises in the wholesale and end-user market, and are released around two months after the end of the quarter. Annual electricity statistics include all the enterprises in the population, and are released about 12 months after the reference year.
The quarterly electricity price statistics have the most up-to-date electricity prices and provide information about different types of price contracts (spot price, variable price and fixed price). The annual electricity statistics are more detailed and the data source covers the whole population.
The statistics are developed, produced and disseminated pursuant to Act no. 32 of 21 June 2019 relating to official statistics and Statistics Norway (the Statistics Act).
Data are reported to Eurostat according to Regulation 2019/2152.
The enterprise is the statistical unit.
Table 1-3 contains all enterprises that have a license for electricity production, transmission of electricity, distribution of electricity or trade with electricity.
Table 4-7 contains all enterprises that have a license for electricity production, transmission of electricity, distribution of electricity or trade with electricity and is classified in industrial classification 35.1.
Data collection together with the Norwegian Water Resources and Energy Directorate.
Total Count.
Data is collected in the web based system eRapp in cooperation with the Norwegian Water Resources and Energy Directorate (NVE). SSB and NVE have separate databases, for their respective needs. SSB use the data for production of statistics and analysis.
The income statements and balance sheets sub-sections of the reporting form are controlled by the respondents registered auditor. The annual reports of the enterprises are used in the revision of the data.
Editing is defined here as checking, examining and amending data. Among other things, maximum and minimum values in addition to percentage changes are calculated.
Not relevant
Employees of Statistics Norway have a duty of confidentiality.
Statistics Norway does not publish figures if there is a risk of the respondent’s contribution being identified. This means that, as a general rule, figures are not published if fewer than three units form the basis of a cell in a table or if the contribution of one or two respondents constitutes a very large part of the cell total.
Statistics Norway can make exceptions to the general rule if deemed necessary to meet the requirements of the EEA agreement, if the respondent is a public authority, if the respondent has consented to this, or when the information disclosed is openly accessible to the public.
More information can be found on Statistics Norway’s website under Methods in official statistics, in the ‘Confidentiality’ section.
In the electricity statistics of 2008 the sale to different end users is based on a new version of Norwegian industry classification (SIC2007) . The most important changes are:
- For the first time we also calculate a grid rent for power intensive manufacturing. Since power intensive manufacturing has a very low grid rent compared to other end users, total grid rent for all end users is not comparable with former years.
- We do not publish gross value of production, intermediate consumption and value added at factor prices in the electricity statistics from 2008. Instead of these variables we publish production value, cost of goods and services consumed and value added.
The enterprise is the statistical unit. Prior to 1993 the establishment was the unit, defined as all energy activities located in one distribution area. This change concerns only utilities with activities in several distribution areas and it only affects the total count of electricity utilities.
Income statement
Table 13428 and 13429 have been revised. Extraordinary items will no longer be published from reference year 2022. The name of two variables have been changed (profit before and after taxes).
The results of a statistical survey normally contain certain collection and processing errors. Collection errors can occur due to a respondent giving incorrect information because they misunderstand a question, or they may forget to answer a question. Processing errors can occur in the data during the optical reading or during revisions of the sample.
Despite various data controls, errors can still occur. These can include errors that were not possible to detect during the control routines or incorrect evaluations by executive officers in Statistics Norway.
A revision is a planned change to figures that have already been published, for example when releasing final figures as a follow-up to published preliminary figures. See also Statistics Norway’s principles for revisions.
Revisions in previously published seasonally adjusted figures can take place when new observations (or revised previous observations) are included in the basis of calculation. The scope of the revision is usually greatest in the most relevant part (last 1–2 years) of seasonally adjusted time series. A corresponding revision in trends is also typical, particularly at the end of the time series. The extent of the revision of trends and seasonally adjusted figures is partly determined by the revision policy, see Section 4 of the European Statistical System (ESS) Guidelines on Seasonal Adjustment on the Eurostat website.
Not relevant