INTIEANorway · Electricity support schemePolicyIn force

Electricity support scheme

The Norwegian government launched an electricity support packages in the context of the energy price crisis 2021/22. Subsidies covering 90% of the power price are provided to households when the average market price exceeds 70 øre per kilowatt hour (later 73 øre/kWh from…

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Country / jurisdiction: Norway · Year: 2021 · Status: In force · Level: National · Type: Voluntary

The Norwegian government launched an electricity support packages in the context of the energy price crisis 2021/22.

Subsidies covering 90% of the power price are provided to households when the average market price exceeds 70 øre per kilowatt hour (later 73 øre/kWh from January 2024)

In addition, the following measures were enacted:

- decrease of electrical power tax

- housing assistance

- student support

- efficient energy use initiatives managed by the state-owned ENOVA company

- compensation to municipalities

- temporary support for the agricultural sector

The scheme was later extended in 2023 and 2024.

Official source: https://www.regjeringen.no/no/tema/energi/regjeringens-stromtiltak/id2900232/?expand=factbox2900261

Source

https://www.iea.org/policies/14841

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