Statsbudsjettet 2027: Følg budsjettdagen direkte her

The Norwegian government prepares to unveil its 2027 budget on Friday, with Finance Minister Jonas Gahr Støre (AP) revealing the plan for Norway's 2027 energy price. The government proposes to adjust the price by five øre, increasing it to 45 øre per kilowatt-hour, which amounts to 56 øre including tax. Støre explains that this price regulation is aligned with the Storting's decision from last year, based on both historical and future prices.

He assures that the entire energy support system, encompassing the Norway Price and other energy support mechanisms, is capped at 16.4 billion kroner in the upcoming budget year. Energy Minister Terje Aasland (AP) notes that the Norway Price of 45 øre excluding tax will provide a subsidy of 8,700 kroner to a household in Southern and Western Norway next year, assuming an average consumption of 16,000 kWh.

This calculation is based on the current spot price, which is significantly higher than initially anticipated by the government. The price hike represents an increase of 12.5% before tax, more than double the standard price adjustment. Aasland defends this increase, citing the substantial rise in electricity spot prices that was not predicted when the energy support system was established last autumn.

The government's decision relies on the same holistic assessment made last year, considering the overall assessment of the country's situation.