Tax On Wind Turbines

With regards to the presentation of the revised National Budget, the Norwegian government announced their plans concerning the introduction of a moderate production tax on onshore wind power production from 2022.

Wind turbines are currently supported through favorable depreciation rules and electricity certificates, however the deadline for being covered by these schemes expires in 2021. It is important to note that the capacity of wind power has increased significantly over the past few years, which is partly a result of these support schemes.

Over the past few years there has been considerable interest concerning onshore wind power in Norway. However, wind power licensing has been suspended since April 2019, and the Norwegian Parliament has therefore requested the government for proposals as how to tax wind power on land.