– Norwegian electricity prices have followed European power prices very closely for many years, and will continue to do so unless very drastic measures are taken, says Inge Gran, head of the electricity price committee, to NTB.
On Tuesday, he submitted a 261-page report to Oil and Energy Minister Terje Aasland (Ap).
Gran emphasizes that all measures come with a price, and that politicians must weigh them against each other.
– I usually say that you can get as cheap electricity as you want, as long as you pay enough. So it is clearly possible, if the politicians had no other goals than that – to achieve low electricity prices, says Gran.
Can be an EEA action space
The committee concludes that a separate price area around the foreign cables will not help to prevent price contagion from Europe. Another measure, export regulation, will not be very effective either, unless you almost cut all power exchange, according to the committee.
However, the committee leader believes that there may be room for maneuver in the EEA agreement to limit exports more.
– There can always be more room for maneuver than one might first think. You will not be able to conclude that without deciding to challenge it and possibly get a court case, he says.
An important message from the committee is that surplus power will contribute to lower electricity prices in Norway.
Frp: Regulate exports
FRP’s energy policy spokesperson, Marius Arion Nilsen, believes the time has come to raise our voice towards Europe.
– The main conclusion is that we need a larger power surplus in Norway in order to reduce prices. The way we get more power surplus is more power, of course. But also sensible export regulation, says Nilsen to NTB.
He points out that countries like Germany feed a lot of unregulated power from wind and solar into the same system as us.
– We must actually dare to raise our voices and say that “you can take responsibility for your own security of supply and your own power”. Of course we must contribute, but our power is valuable power, it is regulated power. Their power is residual power, which they have to get rid of when the wind blows and the sun shines, so it is not such a valuable power, he says.
Aasland: – More power, more net
Oil and Energy Minister Terje Aasland is not currently announcing any drastic measures vis-à-vis the EU. Instead, he points to measures such as electricity subsidies and fixed price agreements aimed at electricity customers in Norway.
– We must make sure that there is harmony in this, so that one measure does not destroy the other. And the committee has no doubt in its recommendation that the right solution in the long run is to develop more power, more networks, says Aasland to NTB.
He is now sending the report from the electricity price committee out for consultation, but also promises to follow it up immediately.
– If there are measures in the committee’s report that we can quickly introduce, we will do so, he says.
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2023-10-13 17:08:51
#Electricity #prices #Norway #live #contagion #European #prices
