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<br /> Annual Report 2017<br /> <br /> Contents<br /> PART I: CEO’s report<br /> 4 It’s worth it<br /> PART II: Introduction to the organization and<br /> key figures<br /> 8 Social mission<br /> 8 Objectives<br /> 9 Enova’s policy instruments<br /> 11 Management<br /> 12 Organization<br /> 13 Key figures<br /> PART III: Activities and results from the year<br /> 16 Part III A: Reporting – Energy Fund 2017<br /> 16 Goal achievement 2017<br /> 18 Energy Fund – management 2017 and further<br /> development<br /> 19 Overview of activities<br /> 21 Status of project portfolio<br /> 25 Goal indicator for climate<br /> 28 Goal indicator for innovation<br /> 32 Goal indicators for energy and demand<br /> 36 Distribution of projects and contractual support<br /> by county<br /> 37 Part III B: Reporting – Energy Fund 2012–2016<br /> 37 Energy results and allocations 2012–2016<br /> PART IV: Management and control in<br<a title="Enova_A&#778;rsrapport_ENG (2) page 1" href="http://viewer.zmags.com/publication/8104e3b8?page=1"> Annual Report 2017</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 2" href="http://viewer.zmags.com/publication/8104e3b8?page=2"> </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 3" href="http://viewer.zmags.com/publication/8104e3b8?page=3"> Contents PART I: CEO’s report 4 It’s worth i</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 4" href="http://viewer.zmags.com/publication/8104e3b8?page=4"> It’s worth it Over ju</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 5" href="http://viewer.zmags.com/publication/8104e3b8?page=5"> New agreement, new strategy more clear over the p</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 6" href="http://viewer.zmags.com/publication/8104e3b8?page=6"> 6</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 7" href="http://viewer.zmags.com/publication/8104e3b8?page=7"> PART II | INTRODUCTION TO THE ORGANIZATION AND KE</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 8" href="http://viewer.zmags.com/publication/8104e3b8?page=8"> PART II | Introduction to the organization and ke</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 9" href="http://viewer.zmags.com/publication/8104e3b8?page=9"> PART II | INTRODUCTION TO THE ORGANIZATION AND KE</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 10" href="http://viewer.zmags.com/publication/8104e3b8?page=10"> Within both technology development and market dev</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 11" href="http://viewer.zmags.com/publication/8104e3b8?page=11"> PART II | INTRODUCTION TO THE ORGANIZATION AND KE</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 12" href="http://viewer.zmags.com/publication/8104e3b8?page=12"> Organization Enova has been entrusted with an i</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 13" href="http://viewer.zmags.com/publication/8104e3b8?page=13"> PART II | INTRODUCTION TO THE ORGANIZATION AND KE</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 14" href="http://viewer.zmags.com/publication/8104e3b8?page=14"> 14</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 15" href="http://viewer.zmags.com/publication/8104e3b8?page=15"> PART III A | Reporting – Energy Fund 2017 PAR</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 16" href="http://viewer.zmags.com/publication/8104e3b8?page=16"> PART III A | Reporting – Energy Fund 2017 Goal a</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 17" href="http://viewer.zmags.com/publication/8104e3b8?page=17"> PART III A | Reporting – Energy Fund 2017 Figur</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 18" href="http://viewer.zmags.com/publication/8104e3b8?page=18"> Figure 3.2 Allocations and expected available fun</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 19" href="http://viewer.zmags.com/publication/8104e3b8?page=19"> Enova has granted funding commitments amounting t</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 20" href="http://viewer.zmags.com/publication/8104e3b8?page=20"> Table 3.2 Energy Fund activity overview </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 21" href="http://viewer.zmags.com/publication/8104e3b8?page=21"> PART III A | Reporting – Energy Fund 2017 Stat</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 22" href="http://viewer.zmags.com/publication/8104e3b8?page=22"> Figure 3.4 Status of project portfolio, measured </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 23" href="http://viewer.zmags.com/publication/8104e3b8?page=23"> Figure 3.6 shows a distribution of the project po</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 24" href="http://viewer.zmags.com/publication/8104e3b8?page=24"> Figure 3.7 Number of subsidies within the Enova S</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 25" href="http://viewer.zmags.com/publication/8104e3b8?page=25"> PART III A | Reporting – Energy Fund 2017 Table</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 26" href="http://viewer.zmags.com/publication/8104e3b8?page=26"> Figure 3.8 Development in climate results ktonn</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 27" href="http://viewer.zmags.com/publication/8104e3b8?page=27"> PART III A | Reporting – Energy Fund 2017 Table</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 28" href="http://viewer.zmags.com/publication/8104e3b8?page=28"> Performance indicator for innovation Enova shal</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 29" href="http://viewer.zmags.com/publication/8104e3b8?page=29"> PART III A | Reporting – Energy Fund 2017 Table</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 30" href="http://viewer.zmags.com/publication/8104e3b8?page=30"> Table 3.9 A selection of the largest projects wit</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 31" href="http://viewer.zmags.com/publication/8104e3b8?page=31"> PART III A | Reporting – Energy Fund 2017 </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 32" href="http://viewer.zmags.com/publication/8104e3b8?page=32"> Table 3.9 provides information on results, the st</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 33" href="http://viewer.zmags.com/publication/8104e3b8?page=33"> PART III A | Reporting – Energy Fund 2017 by o</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 34" href="http://viewer.zmags.com/publication/8104e3b8?page=34"> The projects supported by Enova can be divided in</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 35" href="http://viewer.zmags.com/publication/8104e3b8?page=35"> PART III A | Reporting – Energy Fund 2017 Tabl</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 36" href="http://viewer.zmags.com/publication/8104e3b8?page=36"> Distribution of projects and contractual support </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 37" href="http://viewer.zmags.com/publication/8104e3b8?page=37"> PART III B | Reporting – Energy Fund 2012-2016 </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 38" href="http://viewer.zmags.com/publication/8104e3b8?page=38"> Table 3.16 Energy results 2012-2016 distributed b</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 39" href="http://viewer.zmags.com/publication/8104e3b8?page=39"> PART III B | Reporting – Energy Fund 2012-2016 </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 40" href="http://viewer.zmags.com/publication/8104e3b8?page=40"> Foto: Norsk Titanium AS 40</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 41" href="http://viewer.zmags.com/publication/8104e3b8?page=41"> PART IV | Management and control in the organizat</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 42" href="http://viewer.zmags.com/publication/8104e3b8?page=42"> Management and control in the organization Enov</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 43" href="http://viewer.zmags.com/publication/8104e3b8?page=43"> PART IV | Management and control in the organizat</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 44" href="http://viewer.zmags.com/publication/8104e3b8?page=44"> Figure 4.2 Mapping of potential and risk Ex</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 45" href="http://viewer.zmags.com/publication/8104e3b8?page=45"> PART IV | Management and control in the organizat</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 46" href="http://viewer.zmags.com/publication/8104e3b8?page=46"> 46</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 47" href="http://viewer.zmags.com/publication/8104e3b8?page=47"> PART V | Assessment of future prospects </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 48" href="http://viewer.zmags.com/publication/8104e3b8?page=48"> PART V | Assessment of future prospects The impor</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 49" href="http://viewer.zmags.com/publication/8104e3b8?page=49"> PART V | Assessment of future prospects Figure 5</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 50" href="http://viewer.zmags.com/publication/8104e3b8?page=50"> Headed towards the low-emission society - sector </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 51" href="http://viewer.zmags.com/publication/8104e3b8?page=51"> PART V | Assessment of future prospects Enova </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 52" href="http://viewer.zmags.com/publication/8104e3b8?page=52"> From outdated house to modern home A warm an</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 53" href="http://viewer.zmags.com/publication/8104e3b8?page=53"> Industry The industry sector is both a cause of</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 54" href="http://viewer.zmags.com/publication/8104e3b8?page=54"> be the instrument that stimulates application of </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 55" href="http://viewer.zmags.com/publication/8104e3b8?page=55"> PART V | Assessment of future prospects and In</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 56" href="http://viewer.zmags.com/publication/8104e3b8?page=56"> process emissions through optimizing operations, </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 57" href="http://viewer.zmags.com/publication/8104e3b8?page=57"> PART V | Assessment of future prospects The fut</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 58" href="http://viewer.zmags.com/publication/8104e3b8?page=58"> Transport The transport sector is responsible f</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 59" href="http://viewer.zmags.com/publication/8104e3b8?page=59"> PART V | Assessment of future prospects Enova </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 60" href="http://viewer.zmags.com/publication/8104e3b8?page=60"> There are significant potentials for improved effici</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 61" href="http://viewer.zmags.com/publication/8104e3b8?page=61"> PART V | Assessment of future prospects possib</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 62" href="http://viewer.zmags.com/publication/8104e3b8?page=62"> 133 million for the world’s first autonomous conta</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 63" href="http://viewer.zmags.com/publication/8104e3b8?page=63"> PART V | Assessment of future prospects Energy</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 64" href="http://viewer.zmags.com/publication/8104e3b8?page=64"> consequently increase security of supply. Enova t</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 65" href="http://viewer.zmags.com/publication/8104e3b8?page=65"> PART V | Assessment of future prospects Cermaq</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 66" href="http://viewer.zmags.com/publication/8104e3b8?page=66"> Non-residential buildings and property Existin</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 67" href="http://viewer.zmags.com/publication/8104e3b8?page=67"> PART V | Assessment of future prospects Enova w</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 68" href="http://viewer.zmags.com/publication/8104e3b8?page=68"> energy consumption in existing buildings. The tec</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 69" href="http://viewer.zmags.com/publication/8104e3b8?page=69"> PART V | Assessment of future prospects New Jo</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 70" href="http://viewer.zmags.com/publication/8104e3b8?page=70"> 70</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 71" href="http://viewer.zmags.com/publication/8104e3b8?page=71"> Part VI | Annual report and annual accounts for E</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 72" href="http://viewer.zmags.com/publication/8104e3b8?page=72"> PART VII | Annual accounts for the Energy Fund </a> <a title="Enova_A&#778;rsrapport_ENG (2) page 73" href="http://viewer.zmags.com/publication/8104e3b8?page=73"> PART VIII | Appendices PART VIII AP</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 74" href="http://viewer.zmags.com/publication/8104e3b8?page=74"> PART VIII | Appendices Definitions and terminolog</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 75" href="http://viewer.zmags.com/publication/8104e3b8?page=75"> Programmes Enova has chosen to focus the use of p</a> <a title="Enova_A&#778;rsrapport_ENG (2) page 76" href="http://viewer.zmags.com/publication/8104e3b8?page=76"> Enova works to promote Norway's transition to the</a>