Greening of Nordic electricity industry: policy convergence and diversity

Abstract

With a comparative focus on policy similarity and diversity, this report comes out of the project named “The Energy- related Environmental Policy Game” financed by Norwegian Research Council , Industry and Energy and the Norwegian Energy Association (EBL). The project gives an overview of the main elements of electricityrelated environmental policy in the Nordic countries, following the launching of a common electricity market in the 1990s.

The report points out that the electricity related environmental policy positions of the Nordic countries showed a noticeable lack of coordination in the 1990s. Nordic divergence is observed both in terms of general policy orientations and at the instrument and incentive levels, in spite of the pioneering development of a common integrated electricity market and ambitious environmental policy goals.