The Norwegian government has outlined proposals for a NOK 3.6 billion strategy to cut industry GHG emissions, which could encompass battery technology, hydrogen and green shipping projects.
The government’s intention to put a green ‘recovery programme’ in place was mooted at the end of April but Norwegian media outlet NRK reported today that more details about the scheme have been released. The proposed funding is part a raft of measures that will be announced by the government later today.
As the proposals currently stand, a total of NOK 2 billion will go to Enova for work on technology developments, NOK 1 billion will be directed towards a ‘green platform’ overseen by the Norwegian Research Council, Innovation Norway and Siva, and NOK 600 million will be allocated to other initiatives.
Speaking to NRK, Climate and Environment Minister Sveinung Rotevatn noted that: ‘This will especially target the industry and climate technology, and we will point out some areas where we think there is particular potential.
‘It is about the supplier industry and the maritime industry, among other things, but exactly which projects are supported will be decided by the experts.’
In its report, NRK points out that the Norwegian government does not have a majority in the country’s parliament (Storting), so negotiations with opposition parties will be required to push through the funding proposals.
In a post on Enova’s website today, CEO Nils Kristian Nakstad noted: ‘Of course, we will await treatment in the Storting to see what the final result will be, but this is a clear signal from the government that the restructuring that was in full swing in business when the crisis hit must continue with unabated strength even after the corona crisis.’