
The Security of Supply Governance Mechanism has Been Adopted – What Happens Next?
Fortunately, the power situation in Norway is now far more reassuring than it was when the government announced the new control mechanism in the fall of 2022. Although power prices in southern Norway are higher than what we have previously been used to in Norway, NVE considers the resource situation to be good. Despite this, power producers are still subject to a separate reporting scheme until May 2024.