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.
We are a member of the European Union Agency for Cooperation of Energy Regulators (ACER), the Council of European Energy Regulators (CEER), the Nordic Energy Regulators (NordREG) and International Confederation of Energy Regulators (ICER).