Norway-Sweden Green Certificate Scheme for electricity production

1 January 2012 a common Norwegian-Swedish certificate market for renewable electricity production was established. The overall target for new renewable electricity production in the common electricity certificate market is 28.4 TWh by the year 2020. The certificate scheme is an important measure in the strategy to reach Norways national energy target in accordance with the renewables directive, which is 67.5 % renewable energy by 2020.

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