Nuuk in abundance in Nuuk's fish markets, the largest being Kalaaliaraq Market. Minerals including zinc and gold have contributed to the development of Nuuk's economy. The city, like much of Greenland, is heavily dependent upon Danish investment and relies on Denmark for block funding. All of Greenland's electricity is powered by the government-owned company Nukissiorfiit, which has a monopoly on the electricity in Greenland. Since 1993, Nuuk has received its electric power mainly from Buksefjord hydroelectric power plant by way of a 132 kV powerline crossing Ameralik fjord over a distance of , the world's longest free span. Nuuk has several
Nuuk occupied by the Dorset culture around the former settlement of Kangeq but they disappeared from the Nuuk district before AD 1000. The Nuuk area was later inhabited by Viking explorers in the 10th century (Western Settlement), and shortly thereafter by Inuit peoples. Inuit and Norsemen both lived with little interaction in this area from about 1000 until the disappearance of the Norse settlement for uncertain reasons during the 15th century. The city proper was founded as the fort of Godt-Haab in 1728 by the royal governor Claus Paarss, when he relocated the missionary and merchant Hans Egede's earlier Hope Colony