OECD Inventory of Support Measures for Fossil Fuels: Country Notes
This new web format for Country Notes on Fossil Fuel Support provides interactive on-line access to the latest data from the OECD Inventory of Support Measures for Fossil Fuels by country – identifying and estimating the value of support arising from policies that encourage the production or consumption of fossil fuels. The web version allows users to download, share and play with the data. Interactive graphics enable data visualisation, in national currency, by beneficiary and by energy product. These Country Notes provide, for each of the 50 economies covered in the Inventory, a snapshot of energy market structure, the current state of energy prices and taxes, and recent developments and trends in fossil fuel support. Data and country notes for the EU Eastern Partnership (EaP) countries have been collected and prepared as part of the GREEN Action Task Force.
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Norway
Norway is the third-leading exporter of natural gas in the world, after Russia and Qatar in 2020. Norway saw a four-fold increase in oil production between 1980 and 1997, with declining oil output being offset by rising gas production since then. By the end of 2018, all but a single coal mine, Mine 7 in the Arctic archipelago of Svalbard, has closed. Norway is also involved in significant electricity trade with its neighbours, the magnitude of which depends on precipitation and water inflows to the water reservoirs powering the nation’s numerous hydroelectric plants.