Steam Cost in Norway
The chart above illustrates Steam cost assessments, in US Dollar per metric ton (USD/mt), from May 2022 through May 2023, as described below:
- Steam, MP, cash cost, on-site: Steam, Medium Pressure, Norway, cash cost, formula, on-site (typical consumer facility)
- Steam, MP, contract price, exw: Steam, Medium Pressure, Norway, contract price, exw, formula
- Steam, HP, cash cost, on-site: Steam, High Pressure, Norway, cash cost, formula, on-site (typical consumer facility)
- Steam, HP, contract price, exw: Steam, High Pressure, Norway, contract price, exw, formula
- Steam, LP, cash cost, on-site: Steam, Low Pressure, Norway, cash cost, formula, on-site (typical consumer facility)
- Steam, LP, contract price, exw: Steam, Low Pressure, Norway, contract price, exw, formula
- Steam, LP, cash cost, off-site: Steam, Low Pressure, Norway, cash cost, formula, off-site (large supplier)
- Steam, HP, cash cost, off-site: Steam, High Pressure, Norway, cash cost, formula, off-site (large supplier)
- Steam, MP, cash cost, off-site: Steam, Medium Pressure, Norway, cash cost, formula, off-site (large supplier)
Medium Pressure Steam cash cost for on-site facilities in Norway reached 46.40 USD/mt in May 2023, representing a 26% decrease from April 2023. Comparing May 2023 to May 2022, the on-site cash cost for medium pressure steam has declined by 39% over the twelve-month period. Medium Pressure Steam contract pricing on an ex-works basis in Norway was assessed at 44.20 USD/mt in May 2023, down 27% from the previous month. Year-over-year, the contract price for medium pressure steam on an ex-works basis has fallen 39% since May 2022. High Pressure Steam cash cost for on-site facilities in Norway was valued at 50.40 USD/mt in May 2023, showing a 26% decline from April 2023. Over the past year, the on-site cash cost for high pressure steam has decreased 39% when compared to May 2022. High Pressure Steam contract pricing on an ex-works basis in Norway stood at 48.10 USD/mt in May 2023, reflecting a 27% drop from April 2023. Since May 2022, the contract price for high pressure steam on an ex-works basis has experienced a 40% decline over the twelve-month period.
The figures shown are illustrative and represent a historical sample from Intratec Industry Economics & Competitiveness. For up-to-date monthly competitiveness benchmarks and industrial cost data across 33 countries, subscribe to Intratec Industry Economics & Competitiveness.
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About Steam
Steam is a versatile utility widely used in process industries for heating, power generation, and driving mechanical equipment. It serves as a key energy source, transferring heat to various processes and driving turbines and compressors.