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tipping point Norway
Market Report With a minority government navigating EU energy disputes and shifting
tourism priorities, Norway is also weighing the future of its state gambling monopoly. A push to liberalise online gambling, backed by economic
arguments and mounting enforcement pressure, signals change, as Norsk Tipping and Rikstoto dominate a tightly regulated market facing growing calls for modernisation.
After eight years in office for the centre-right government, Conservative Prime Minister Erna Solberg stepped down in 2021 after the elections saw the Labour party led by Jonas Gahr Store win the most seats. It did not succeed in establishing a majority government so the Labour Party and Centre Party formed a minority government sup- ported by the Socialist Left party. However, in Ja- nuary the Centre Party, headed by party leader Trygve Slagsvold Vedum, left the governing coalition over disagreements on energy policy leaving the
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Labour Party as the sole party in government meaning Store will continue to govern alone until the next election, which is scheduled for the be- ginning of September this year. Te disagreement concerns the implementation of an EU energy market package adopted in 2019 called ‘Clean Energy for all European.’ Tanks to its abundance of oil and gas reserves
and hydropower Norway is one of Europe’s richest countries. However it is not part of the EU even though it does adopt most of the bloc’s laws due
to its EEA membership. Store has pushed to im- plement three EU energy directives - renewable energy, energy efficiency and the energy per- formance of buildings - which led to the abrupt departure of the Centre Party who say the package would weaken Norway’s national control over the energy sector whilst closer ties to the EU would see high electricity prices. Many EU countries believe Norway should be
more generous with its hydropower. Te situation is further complicated by Trump’s return and his
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