Norway proposes budget cuts to Enova energy subsidies

The Norwegian government has proposed significant reductions in Enova funding for the 2027 state budget. Specifically, the portion of the Climate and Energy Fund earmarked for energy measures in private households is proposed to drop from 590 million to 390 million NOK.

Climate and Energy Minister Sigrun Aasland described the cut as one of several “difficult but necessary choices,” noting that the fund is expected to have approximately 36 billion NOK available by the start of 2027 to support industrial transition projects.

Industry representatives have expressed concern regarding the impact on the green transition. Jan Carsten Gjerløw of the Green Land Transport Program noted that while Enova has seen record support applications for zero-emission heavy vehicles this year, the proposed budget halving could act as a brake on momentum. Similarly, NHO Elektro suggested the government may be prioritizing lower electricity prices over reduced energy consumption.