Norway Considers Limiting Electricity Exports To Prevent Domestic Crunch

Norway may soon introduce a rule to reduce its vast electricity exports if levels at reservoirs for hydropower generation drop to critically low levels in a bid to prevent power shortages and further rises in energy bills domestically. Norway's Energy Minister Terje Aasland told Norwegian media, as quoted by Bloomberg, that the government could introduce limits on electricity exports if the water in reservoirs drops to "very low" levels. A cut in Norwegian power exports would be felt in Northwest Europe, which itself is grappling with issues at…