Freyr SPAC Presentation Deck
Norway's Advantage: Among the Lowest Carbon Intensity & Electricity Prices in Europe
Carbon Intensity of Electricity Produced
Carbon intensity (gCO:eq/kWh)
0
200
400
600
800
FREYR
Clean battery solutions
Source: electricityMap.org, Dec 2020
Electricity Price Estimates, 2022-40 ¹)
EUR/MWh
50
45
40
35
30
25
20
1)
2)
3)
2022
2025
- Sweden 2)
2030
Finland 2)
France
- Norway (NO4)
Germany
FREYR has signed a MoU for the delivery of electricity in Mo i Rana ³)
Source: The Norwegian Water Resources and Energy Directorate (NVE), Oct 2019
Point estimates for 2022 and 2040 for these countries. Estimates for 2025 and 2030 are interpolations between the prices
of 2022 and 2040; Eastern Europe is an average of prices in Poland, Estonia, Latvia and Lithuania
MOU Based on spot price + margin for up to 200GWh. Source: Company data
2040
Eastern Europe 2)
- Netherlands
UK
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