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Norway, with 98% of its electricity from low-carbon sources, is a leader in renewable energy, attracting industries like aluminum production and AI data centers. Hydro ASA uses entirely renewable energy for aluminum, producing with 25% of global average emissions.

Norway is also becoming a hub for data centers, with Kolos in Ballangen expected to be the largest sustainable data center powered by hydro and wind. Bitcoin mining in Norway, using 100% renewable energy, produces the lowest carbon emissions globally. The country is positioning itself strategically, benefiting from a clean, stable energy grid as it attracts high-value industries.