A recent report shows that a new tax model could give municipalities in Norway an annual income of more than two billion NOK from land-based wind power.
According to estimates by Statnett, Norway will have to increase the consumption of renewable power by 80 TWh in order to be fully electrified.
On assignment from Norsk Vind, the country’s largest private developer of wind power on land, NyAnalyse, an economic research firm, has calculated how the income of the host municipalities for land based wind power, will be affected if wind power development is scaled up.
In the report, Villeman Vinje, a Partner and Senior Economist, points out how important renewable power may be for the development of the welfare state of tomorrow, in addition to the climate benefit – Norway needs more renewable energy to reach the climate objectives.
If more of the value creation is to for the benefit of the host municipalities, it may help to reduce the level of conflict. Municipalities may end up seeing wind power as an opportunity, not a disadvantage, says Vinje. He points out that Norway has the innate prerequisites necessary to play an important role in the conversion to renewable energy.
Read the report from NyAnalyse here.