Climate variability and climate change are of great concern to economists and energy producers as well as environmentalists as both affect the precipitation and temperature in many regions of the world. Among those affected by climate variability is the Scandinavian Peninsula. Particularly, its winter precipitation and temperature are affected by the variations of the so-called North Atlantic Oscillation (NAO).

The objective of this paper is to analyze the spatial distribution of the influence of NAO over Scandinavia. This analysis is a first step to establishing a predictive model, driven by a climatic indicator such as NAO, for the available water resources of different regions in Scandinavia. Such a tool would be valuable for predicting potential of hydropower production one or more seasons in advance.