LAST 10 PUBLICATIONS
Feasibility study of assembly and installation ports within the offshore wind market – a Norwegian perspective
In this report, Menon Economics has analysed the opportunities for Norwegian assembly and installation ports in offshore wind towards 2030. The analysis was conducted on behalf of the cluster Norwegian Offshore Wind, Export Finance Norway (Eksfin), Invest in Bergen, Invest in Agder and Invest in Rogaland.
Norways contribution to the U.S. economy
On behalf of the Royal Norwegian Embassy in Washington, Menon Economics has analyzed the economic impact of Norwegian activity on job creation in the United States. The report quantifies these effects in terms of the amount of US jobs associated with Norwegian multinationals, Norwegian import of American goods and services and investments from US-affiliated companies.
Norsk:
På vegne av den norske ambassaden i Washington har Menon Economics analysert økonomiske effekter av norsk virksomhet på jobbskaping i USA. Målet med rapporten var å kvantifisere disse effektene i form av antall amerikanske jobber knyttet til norske multinasjonale selskaper, norsk import av amerikanske varer og tjenester, samt investeringer fra selskaper tilknyttet USA.
Author(s): Odin Dager Moe, Sigrid Hernes, Glenn Widenhofer, Sander Aslesen, Per Fredrik F. Johnsen, Jonas Erraia, Sveinung Fjose
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English
2023
Odin Dager Moe, Sigrid Hernes, Glenn Widenhofer, Sander Aslesen, Per Fredrik F. Johnsen, Jonas Erraia, Sveinung Fjose
Startups and Scaleups in the Oslo Region – 2023
On behalf of Oslo Business Region, Menon Economics has identified startups and scaleups in the Oslo region. The report highlights startups’ and scaleups’ societal contribution to employment and value creation in the region.
The report shows that the Oslo Region is home to 1855 startups, a reduction of three percent from 2021. Of these, 260 are identified as capital and R&D intensive and are considered to have high growth potential. Furthermore, we find 198 scaleups, an increase of seven percent since 2021. Startups and scaleups in the Oslo region employ 14,300 people and have a value creation of NOK 12.3 billion. Early-stage companies in the Oslo region are attracting more and more capital. Compared to its Nordic neighbours, access to capital in the early phase has improved, as there is an increasing number of scaleups and new investment funds in Oslo.
GCE Blue Maritime 2023
Menon Economics has for eight consecutive years studied the competitiveness of the Blue Maritime cluster, measured by key economic performance, both in absolute terms and compared to the rest of the maritime industry in Norway. In this year’s report, we place more emphasis on the cluster’s research, development and innovation activities, as well as patents and other international property.
The semiconductor industry in Norway
English: Menon has mapped out the Norwegian value chain for semiconductors on behalf of Innovation Norway.
In the report, we go through the different parts of the value chain, and map out the relevant degrees and research institutions and degrees.
Norwegian: På oppdrag fra Innovasjon Norge har Menon kartlagt verdikjeden for microchips og halvledere i Norge.
I rapporten går vi gjennom de forskjellige delene av næringen, samt koblingen til forskning og utdanning og kompetansebehovet i næringen.
Macroeconomic Benefits of Standardisation
Menon has analysed the macroeconomic benefits of standardisation in Norway, Sweden, Denmark, Finland, Iceland and the Netherlands. Building on previous research and new analyses, we find that standardisation contributes to productivity growth through five mechanisms. By utilising a model of economic growth, it is possible to estimate how much of the growth in labour productivity can be attributed to standardisation. To estimate the relation between standards and exports, we have employed a gravity model of trade. The report was commissioned by six European standardisation bodies: Swedish Institute for Standards (SIS), Danish Standards (DS), Standards Norway (SN), Finnish Standards Association (SFS), Icelandic Standards (IST), and the Netherlands Standardisation Institute (NEN).
Hydrogen subsidies in the EU, Norway and the US
Menon Economics, commissioned by NHO, has conducted an analysis of the current state of public support programmes for low-carbon hydrogen in Europe and the USA, in light of recent changes to the respective subsidy regimes. The Inflation Reduction Act has established favourable conditions for low-carbon hydrogen in the US. Although there are ambitious plans for supporting green hydrogen production in Europe, the US programme offers more certainty about the actual level of subsidies. In addition, the subsidies for blue hydrogen are higher in the US than in the EU.
Contact person: Jonas Erraia
Battery subsidies in the EU, Norway and the US
Menon Economics, commissioned by NHO, has conducted an analysis of the current state of public support programmes for the battery industry in Europe and the USA, in light of recent changes to the respective subsidy regimes. The Inflation Reduction Act has significantly altered the landscape of battery subsidies, giving a distinct advantage to US-based manufacturers. The discrepancy in the level of subsidy is likely to contribute to faster growth of the industry in the US compared to Europe.
Contact person: Jonas Erraia
Offshore wind subsidies in the EU, Norway and the US
Menon Economics, commissioned by NHO, has conducted an analysis of the current state of public support programmes for the offshore wind industry in Europe and the USA, in light of recent changes to the respective subsidy regimes. The Inflation Reduction Act has raised the level of support for the offshore wind industry, so that projects are now eligible for investment subsidies that can cover up to 40% of the investment costs. Since the differences in the level of support are relatively small, and the electricity markets are separated between regions, it is unlikely that the Inflation Reduction Act will have a significant impact on offshore wind investments in Europe.
Contact person: Jonas Erraia
Green tech subsidies in the EU, Norway and the US
Menon Economics, commissioned by NHO, has conducted an analysis of the current state of public support programmes for green technologies in Europe and the USA, in light of recent changes to the respective subsidy regimes. The reports analyse three sectors: batteries, hydrogen, and offshore wind.
Contact person: Jonas Erraia