Norway

Since the beginning of the COVID19 pandemic in early 2020, Norway has committed at least USD 11.35 billion to supporting different energy types through new or amended policies, according to official government sources and other publicly available information. These public money commitments include:

  • At least USD 10.98 billion for unconditional fossil fuels through 4 policies (4 quantified)
  • No public money commitments identified for conditional fossil fuels
  • At least USD 369.19 million for unconditional clean energy through 1 policy (1 quantified)
  • No public money commitments identified for conditional clean energy
  • At least USD 2.15 million for other energy through 1 policy (1 quantified)

By energy type, Norway committed at least USD 10.98 billion to oil and gas (at least USD 10.98 billion to unconditional oil and gas).

In addition, no public money commitments identified for coal.

Further, no public money commitments identified for hydrogen based on fossil fuels.

Finally, no public money commitments identified for multiple fossil fuels.

A considerably larger amount of public money committed to supporting the economy and people of Norway through monetary and fiscal policies in response to the crisis may also benefit different elements of the energy sector. However, these values are not available from official legislation and statements and therefore are not included in the database. Meanwhile, in addition to monetary and fiscal measures, the database lists other policies and regulations that can also provide benefits to producers and consumers of different energy types.

These public money commitments are additional to many other government policies that had existed to support different energy types before the COVID19 pandemic.

Updated: 20 January 2021


At least

$10.98 billion

Supporting fossil fuel energy

$2,053.80

Per capita



At least

$369.19 million

Supporting clean energy

$69.04

Per capita

Norway

Since the beginning of the COVID19 pandemic in early 2020, Norway has committed at least USD 11.35 billion to supporting different energy types through new or amended policies, according to official government sources and other publicly available information. These public money commitments include:

  • At least USD 10.98 billion for unconditional fossil fuels through 4 policies (4 quantified)
  • No public money commitments identified for conditional fossil fuels
  • At least USD 369.19 million for unconditional clean energy through 1 policy (1 quantified)
  • No public money commitments identified for conditional clean energy
  • At least USD 2.15 million for other energy through 1 policy (1 quantified)

By energy type, Norway committed at least USD 10.98 billion to oil and gas (at least USD 10.98 billion to unconditional oil and gas).

In addition, no public money commitments identified for coal.

Further, no public money commitments identified for hydrogen based on fossil fuels.

Finally, no public money commitments identified for multiple fossil fuels.

A considerably larger amount of public money committed to supporting the economy and people of Norway through monetary and fiscal policies in response to the crisis may also benefit different elements of the energy sector. However, these values are not available from official legislation and statements and therefore are not included in the database. Meanwhile, in addition to monetary and fiscal measures, the database lists other policies and regulations that can also provide benefits to producers and consumers of different energy types.

These public money commitments are additional to many other government policies that had existed to support different energy types before the COVID19 pandemic.

Public money commitments to fossil fuels, clean and other energy in recovery packages, USD billion, as of 20 January 2021

Country Jurisdiction Category Policy name Sector Energy Type Mechanism Value committed, USD Date of announcement Policy type Stage Legislation and Endorsing Agency Arm of Government Primary and secondary stated objective of the policy Date of entry into force Implemented repeal date, if any Value as stated (specify currency) Value committed, national currency Value disbursed, national currency Value disbursed, USD: Policy background Links to official sources Links to additional sources
Norway National Fossil unconditional Deferral of taxes related to oil and gas production Resources Oil and gas Tax or royalty or govt fee bre... 10255358424.777 2020043030/04/2020 Fiscal Exploration or production or processing or storage or transportation Norwegian Government Government Offset oil price decline, economic crisis from covid-19 NOK 100 billion 100000000000 The Norwegian government presented to the Finance Committee a stimulus package for its oil and gas sector which includes increased depreciation and a more generous taxation regime. The policy will temporarily ease tax rules for oil and gas companies. "The plan does not change the headline tax rate of 78% that oil firms pay on profits, but by raising deductions on new investments, the taxable profits will become smaller in the next several years." The measure is expected to free up NOK 100 billion over two years for investments by oil companies.

https://www.stortinget.no/no/Saker-og-publikasjoner/Saker/Sak/?p=79780
https://www.regjeringen.no/contentassets/db9b4c93e0ea43f18ebe40a035f995d1/en-gb/pdfs/prp201920200113000engpdfs.pdf
https://www.reuters.com/article/us-norway-oil/norway-eyes-temporary-tax-relief-for-oil-firms-idUSKBN22C1CR
https://wwf.panda.org/our_work/climate_and_energy/?364175/Norway-fossil-fuel-COVID-19-options
https://www.rigzone.com/news/norway_presents_measures_to_support_oil_and_gas-01-may-2020-161950-article/
"
https://web.archive.org/web/20200616142910/
https://www.stortinget.no/no/Saker-og-publikasjoner/Saker/Sak/?p=79780
https://web.archive.org/web/20200616142703/
https://www.regjeringen.no/contentassets/db9b4c93e0ea43f18ebe40a035f995d1/en-gb/pdfs/prp201920200113000engpdfs.pdf
https://web.archive.org/web/20200520152416/
https://www.reuters.com/article/us-norway-oil/norway-eyes-temporary-tax-relief-for-oil-firms-idUSKBN22C1CR"
Norway National Clean unconditional Green Technology Crisis Package Resources Multiple energy types Budget or off-budget transfer ... 369192903.29197 Fiscal Several energy stages Norwegian Government Government Support and restructure Norwegian economy during economic slowdown; support green technology development 19/06/2020 NOK 3.6 billion 3600000000 The Norwegian government has commited NOK 3.6 billion on a range of green measures: research, technology development, circular economy and green maritime transport. The government wishes to facilitate that businesses can create green jobs and a more sustainable future. Hydrogen, battery technology, offshore wind and low-emission shipping are among the areas that will benefit. The money will be distributed in three categories: 1. Enova: NOK 2 billion will go to a Norwegian government enterprise responsible for promotion of environmentally-friendly production and consumption of energy. 2. Green platform: Over three years, NOK 1 billion will go into a “green platform” administered by the Research Council, Innovation Norway and Siva. Companies will compete for the money to develop new climate technologies. 3. Other measures: NOK 600 million will go to other measures, including green shipping, circular economy etc.

https://www.regjeringen.no/contentassets/a29386c923894b9b91a8df7a0903fff2/no/pdfs/prp201920200127000dddpdfs.pdf
https://www.regjeringen.no/no/aktuelt/ny-side5/id2704503/
https://www.stortinget.no/no/Saker-og-publikasjoner/Saker/Sak/?p=80049

https://web.archive.org/save/
https://www.lifeinnorway.net/norway-proposes-nok-3-6-billion-green-investment-package/
https://web.archive.org/web/20200529214020/
https://www.nrk.no/norge/regjeringen-vil-bruke-3_6-milliarder-pa-gronn-krisepakke-1.15032796
Norway National Other energy Extraordinary subsidy of NOK 21 million to ONS (from previous Offshore North Sea), a non-profit orga... Resources Oil and gas Budget or off-budget transfer ... 2153625.2692032 2020081414/08/2020 Fiscal Exploration or production or processing or storage or transportation Norwegian Government Government Cover part of the loses of the cancellation of ONS conference 2020 due to covid-19 NOK 21 million 21000000 The foundation ONS (Offshore Northern Seas) had to cancel their yearly energy conference in 2020 due to the authorities measures against infection of the virus, leading to a difficult economic situation for the foundation. Proposed in the national budget changes in 2020. The amount of 21 million NOK will cover part of the losses of the ONS in 2020. Disbursment of the grant needs to be notified and accepted by the EFTA's (European Free Trade Association) supervision organ ESA (EFTA Surveillance Authority)

https://www.regjeringen.no/contentassets/83ad228ae58b41b798dc8f6934bc374a/no/pdfs/prp201920200142000dddpdfs.pdf

https://klassekampen.no/utgave/2020-08-17/oljetilskudd-far-kulturkritikk
Norway National Fossil unconditional Purchase of home transport by plane from Norwegians traveling Mobility Oil and oil products Budget or off-budget transfer ... 10255358.424777 2020032121/03/2020 Fiscal Energy use (all energy types, consumption in transport, household use, buildings etc) Norwegian Government Government Secure operation of aviation companies NOK 100 million 100000000 The government wants to help Norwegians travel abroad gets safely home to Norway. The government is working closely with the airlines to assist Norwegian citizens in returning to Norway.

https://www.regjeringen.no/contentassets/764cd155a53042bcbb35cb857557d88c/no/pdfs/prp201920200057000dddpdfs.pdf
Norway National Fossil unconditional Purchase of of domestic flights Mobility Oil and oil products Budget or off-budget transfer ... 102553584.24777 2020032121/03/2020 Fiscal Energy use (all energy types, consumption in transport, household use, buildings etc) Norwegian Government Government Secure operation of aviation companies NOK 1 billion 1000000000 The purchase applies to flights where there is no basis for commercial operation. Airlines operating existing routes with a state contract (FOT routes), maintains the capacity of the route network until further notice

https://www.regjeringen.no/contentassets/764cd155a53042bcbb35cb857557d88c/no/pdfs/prp201920200057000dddpdfs.pdf
Norway National Fossil unconditional Subsidy for loss provision for aviation guarantee scheme Mobility Oil and oil products Budget or off-budget transfer ... 615321505.48662 2020032121/03/2020 Fiscal Energy use (all energy types, consumption in transport, household use, buildings etc) Norwegian Government Government Secure operation of aviation companies and avoid unemployment NOK 6 billion 6000000000 The aviation industry is in a critical situation after the spread of the coronavirus. The airlines constitutes a central part of critical Norwegian infrastructure. If companies do not have access to increased liquidity, there is a significant risk of bankruptcy. The government will, through a warranty facility, help avoid this.

https://www.regjeringen.no/contentassets/764cd155a53042bcbb35cb857557d88c/no/pdfs/prp201920200057000dddpdfs.pdf