Sweden, Norway finalise end of joint green subsidy scheme in 2035

The Norwegian and Swedish energy ministers signed off on an amendment to their joint green power support scheme, which effectively closes down the system at the end of 2035, 10 years earlier than planned.

The amendment formalises an earlier end date from the Swedish side, aligning it with Norway. Under the new terms, the system will close to new participants from January 1, 2022. Technological and market advancements had resulted in a faster and bigger build out of renewable electricity than the electricity certificates system was designed to support.

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