Norway to support windpower expansion

Minister suggests tax waiver for windpower to help achieve 10TWh potential

The Norwegian government is to provide fiscal support for windpower developments, according to energy minister Marit Arnstad. In a recent interview in the national newspaper Dagavisen Arbeiderbladet yesterday, the minister said that the government was looking to exempt windpower projects from investment and electricity taxes. She said that exemptions would be in line with "green" tax proposals made in a government white paper on sustainable development unveiled last year (ENDS Daily 11 June 1997). "The upsurge in activity by various companies is evidence that windpower is on the verge of profitability," Ms Arnstad continued. "Our goal is to expedite these plans, and this we are going to do." Almost all Norwegian electricity is currently generated from hydropower; in the long term, said Ms Arnstad, windpower had the potential to contribute 10TWh (terawatt hours) out of Norway's total consumption of 115TWh per year. The energy ministry confirmed today that tax exemptions are being considered.

Follow Up:
Norwegian energy ministry, tel. +47 22 24 61 00.

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