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"Norway Price" to Ensure Predictable and Stable Electricity Prices for Consumers
17/03/2025 Press release Ministry of EnergyThe government proposes introducing an alternative support scheme for electricity for households, called the "Norway Price." Under the Norway Price support scheme households will be offered a fixed price on electricity at 40 øre per kWh (excluding
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Announcing one area related to CO2-storage
05/03/2025 Press release Ministry of EnergyThe Ministry of Energy announces one area in the North Sea for companies to apply for exploration licenses related to CO2-storage.
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New steps to reduce electricity bills and maintain control over national energy resources
01/02/2025 Press release Office of the Prime Minister, Ministry of EnergyThe Norwegian Government has proposed a set of new measures to lower the cost of consumer electricity bills. Under the new plan, consumers will be able to choose between subscribing to the general electricity support scheme or a new fixed price of
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APA 2024: 53 new production licenses awarded
14/01/2025 Press release Ministry of EnergyThe Norwegian Ministry of Energy offers 53 new production licenses on the Norwegian continental shelf in the APA 2024 licensing round.
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Awarding two new licences for CO2 storage on the Norwegian continental shelf
19/12/2024 Press release Ministry of EnergyThe Ministry of Energy offers two new exploration licences for CO2 storage on the continental shelf. Both licences are located in the North Sea.
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Continued international support Is crucial to protect Ukraine’s energy system
19/12/2024 News story Ministry of Foreign AffairsOn Friday, December 13, Norway participated in the handover of 12 gas piston engines to local authorities in Kharkiv. These engines will benefit 800,000 residents and 47 hospitals this winter and are already in place in the city.
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Norway provides new contribution to support Moldova's resilience this winter
19/12/2024 Press release Ministry of Foreign AffairsMoldova is facing a challenging winter. The country is especially vulnerable due to increased energy prices and uncertainties regarding gas supplies in 2025. Norway is now providing a new contribution of 60 million NOK through the World Bank’s
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Call for proposals for the first renewable energy guarantees
15/11/2024 Press release Ministry of Foreign AffairsThe Norwegian Government has established a new state guarantee scheme for renewable energy projects in developing countries, and on 15 November Norad will issue a call for proposals for the first renewable energy guarantees. The Government's
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The State acquiers increased ownership in the gas transportation system
12/11/2024 Press release Ministry of EnergyThe Ministry of Energy has entered into purchase agreements of interests in key parts of the gas infrastructure with 7 different companies.
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High-powered support for renewable energy projects
23/10/2024 News story Ministry of Foreign AffairsNorway is providing NOK 248 million in grant funding to companies seeking to advance the renewable energy sector in developing countries. Grants are awarded during an early project phase in order to decrease risk. ‘This scheme is popular because it
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Prime Minister Støre met with Crown Prince of Abu Dhabi
07/10/2024 News story Office of the Prime MinisterPrime Minister Jonas Gahr Støre met today with His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi. This is the Crown Prince’s first visit to Norway.
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A responsible approach to floating offshore wind
07/10/2024 Press release Ministry of EnergyThe government’s offshore wind initiative continues on a steady course. The government will announce the next project areas for development of offshore wind on the Norwegian continental shelf in 2025 and is proposing 35 billion NOK for a support
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The government proposes to increase the allocation for resource and environmental mapping of seabed minerals
07/10/2024 Press release Ministry of EnergyThe government will facilitate responsible, sustainable and profitable seabed mineral activity on the Norwegian continental shelf. We need more knowledge about the mineral resources, the environmental conditions in the Norwegian deep-sea areas, and
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The Longship project is near completion
07/10/2024 Press release Ministry of EnergyThe Norwegian government continues its investment in the Longship project and proposes an allocation of 2.1 billion NOK in the state budget for 2025. In 2025, a large part of the full-scale project for CCS in Norway will be completed.
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Large revenues from the petroleum industry in 2024
07/10/2024 Press release Ministry of EnergyThe state's net cash flow from petroleum activities is estimated to be 680 billion NOK in 2024. These revenues go into the Norwegian Government Pension Fund Global and are expected to provide approximately 20 billion NOK into future budgets.
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A Historic Breakthrough for CO2 Management
27/09/2024 Press release Ministry of EnergyMinister of Energy, Terje Aasland opens the world’s first commercial facility for the transport and permanent storage of CO2 beneath the seabed at Øygarden, outside Bergen.
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UN Summit: Defending international law more important than ever
23/09/2024 News story Office of the Prime Minister, Ministry of Climate and Environment, Ministry of Foreign AffairsThis week, Prime Minister Jonas Gahr Støre is participating in various events during the UN General Assembly high-level week. ‘In a world rife with conflict causing increasing polarisation, it is more important than ever to safeguard the UN and
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Partnership to give 300 million people access to electricity by 2030
23/09/2024 News story Office of the Prime MinisterToday, Prime Minister Jonas Gahr Støre chaired a meeting of the Global Energy Alliance for People and Planet (GEAPP), where the focus was on a new partnership that is seeking to bring electricity to 300 million people in Africa by 2030.
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Norwegian support to strengthen Moldova’s resilience
18/09/2024 Press release Ministry of Foreign AffairsThe Norwegian support to Moldova announced during the state visit of Moldovan President Maja Sandu to Norway in the spring has now been distributed. Approximately NOK 275 million of the total NOK 350 million in funding announced by Prime Minister
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Applications for permits to store CO2 in the North Sea
06/09/2024 Press release Ministry of EnergyThe Ministry of Energy has received applications from six companies in connection with the announcement of three areas in the North Sea related to CO2 storage on the Norwegian continental shelf.