The Norwegian Labour Party (Ap) has announced plans to tackle soaring electricity prices by not renewing two outdated power cables to Denmark, set to expire in 2026. This move aims to reduce the number of international power connections, which are believed to contribute to high domestic electricity costs.
Ap's program committee argues that despite full water reservoirs, the current system results in unreasonably high prices, and they are determined to regain control.
The decision has sparked mixed reactions, with the Centre Party supporting the move, while Fornybar Norge criticizes it as premature without thorough investigation.
Meanwhile, the government continues to provide electricity subsidies to alleviate the financial burden on households, with the current support scheme extended until 2025. The debate highlights the complex balance between energy independence and international cooperation in Norway's energy policy.