The Swedish and Norwegian wind industry argue that proposals for an end to the countries’ shared electricity certificate system could create uncertainty and reduce profitability for developers and investors.
Both countries’ governments have agreed that wind farms commissioned beyond the end of 2021 will not be eligible to receive electricity certificates under the two countries’ shared system.
However, if there is not enough Swedish and Norwegian wind capacity to produce the 46.4TWh defined under the system by the end of 2021, this deadline could be extended for two years.
Both countries can also agree another date for ending the certificate system in Sweden under a loophole in the agreement, a spokesman for the Swedish infrastructure ministry advised.
Under the system, the Swedish and Norwegian governments issue electricity producers certificates for each megawatt-hour produced.