The Center Party wants to cut Norway’s power exports to Europe to decrease electricity prices at home

Ole André MyhrvoldPhoto: Ole Berg-Rusten / NTB
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The Center Party (SP) is considering stopping the exports of Norwegian power to the European continent in order to ensure lower electricity prices here at home.

This winter, high electricity prices in Norway are expected due to dry weather, insufficient water in Norwegian reservoirs, and high gas and CO2 prices in Europe.

“We are heading towards an expected power crisis, and prices are expected to increase. The SP believes that we must immediately see how we can limit the export of electricity within current legislation. If we enter the government, we will start legislative work to control electricity exports,” SP’s Ole André Myhrvold told the newspaper Dagens Næringsliv.

Specifically, the SP believes that Norway should be able to decide that it does not want to export power to the European market in situations such as these.

Espen Barth Eide, the Labor Party’s (AP) energy policy spokesperson, did not want to provide extensive comments about the SP’s proposal.

“In the current phase, there is nothing wrong with checking the room for maneuver, but it is important to remember that we both export and import electricity. Then you have to think about the consequences. Power exchange goes both ways, and parts of the year, we are dependent on imports,” Eide told DN.

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

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