Sweden and Norway extend joint electricity certificate system for renewables to 2030
The joint market-based support system of the two Scandinavian countries, which will be extended to 2030, is open to power plants utilizing biofuels, wind, solar, hydro and tidal energy. The two countries have had a common electricity certificate market for renewable energies since January 2012. The governments of the two countries, however, started to disagree on the future of the program last year, with Sweden asking for an extension and Norway seeking to leave the scheme. As a result of several months of negotiation, the two governments have now reached a compromise that will allow Sweden to add a further 18 TWh of capacity and Norway to add new projects to the scheme only by 2021. (PV Magazine)
BACK