Norway is in an ideal position; a surplus from oil money and excessive access to hydro power. I would hope they can use their current oil prosperity to prepare for a hydro (and other green energy) powered future, in all kinds of new places. After I typed that I realized that the whole world could be said to be in oil prosperity still, so the same applies to us all: with less evenly distributed oil prosperity, and not…
Not at current levels of consumption and production.
We are about 98% hydro now and it's probably going down as more people use more energy.
But you are still correct, Norway is the ideal country to try this and it is an explicit aim of the government now to have all short haul flights electric by 2050. We already have electric ferries on the fjords, electric buses, and, of course, a lot of electric cars (more than 100 thousand electric cars in Norway now).