Energi Norge: Norway’s public sector will earn an extra 18 billion kroner this winter due to the high electricity prices

Photo: Håkon Mosvold Larsen / NTB

Energi Norge estimates that the public sector in Norway will earn an extra NOK 18 billion due to the high electricity prices this winter. 

The interest organization Energi Norge estimates that the state, in what they describe as a moderate scenario, will earn NOK 18 billion more on electricity this winter compared with a normal year, Norwegian Broadcasting (NRK) writes.

“The increased revenues could increase to a range of NOK 25 billion more than in a normal year. But we think the medium scenario is quite correct, i.e., NOK 18 billion more than in a normal year,” Energi Norge chief Knut Kroepelien stated.

The municipalities are expected to receive an additional income of NOK 6 billion in December, January, February, and March.

The Christian Democrats (KRF) have asked the government to reveal how much the state has earned on electricity prices and are waiting for a response from the Ministry of Finance.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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