The Norwegian Energy Regulatory Authority
2019-11-01 00:00:00.0 * Founding by complex reorganization
Name
The Norwegian Energy Regulatory Authority
Short name
RME
Affiliations
Other public administration body
Hierarchical level
Highest level
COFOG
01 General public services
Superior body
Norwegian Water Resources and Energy Directorate
Main affiliation category
National single organization (without subordinated units)
Located
301 Oslo
The Norwegian Energy Regulatory Authority (NVE-RME) is the national regulator for the Norwegian electricity and downstream gas markets.
The Norwegian Energy Regulatory Authority (NVE-RME) is the national regulatory authority for the electricity and natural gas markets in Norway. Our main statutory objective is to promote socioeconomic development and environmentally sound energy system with efficient and reliable transmission, distribution, trade and use of energy.
NVE-RME regulates areas such as economic and technical reporting related network revenues, market access and network tariffs, non-discriminatory behaviour, market conduct and transparency, customer information, metering, settlement and billing as well as system and market operation. The Energy Act regulates the main frame of the Norwegian electricity and gas markets. NVE-RME has the power to enforce many of the provisions in the Energy Act. NVE-RME is a separate entity with its own budget set by the Parliament and has the authority to act within the scope of its competences.
Source: https://www.nve.no/norwegian-energy-regulatory-authority/the-norwegian-energy-regulatory-authority/