Earlier quoted context omitted.
The article ignores hydropower. The numbers/prices look a lot better with solar + wind + hydro + battery. Norway runs almost entirely on hydropower. Sweden has a lot. Iceland runs on hydropower and geothermal.
I’m happy to be wrong about this globally, but in my neck of the woods the readily exploited hydro resources are already exploited to 90% of their capacity and have been for 100 years. Hydro is in many ways the ultimate renewable energy, but that’s been true since electrification and we’ve been using it as part of the energy mix since then. I’d love to be wrong but my understanding is that there isn’t a huge amount o…
Very simplified:
Wind blows mostly in Denmark during the day, so Norway stops hydro during the day and imports electricity from Denmark's windmills.
During night the wind is mostly still in Denmark so windmills don't produce much and Denmark imports from Norway's hydro.
In this way you can stretch the capacity from hydro using windmills even though Norway isn't a good place for windmills.