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The NOx Fund has approved support for 20 new initiatives from January to March 2023. Overall, the projects are estimated to reduce NOx emissions by 664 tons and have a support scope of approximately 262 million Norwegian kroner.
The NOx Fund has decided on a new deadline of December 31, 2023 for the fleet renewal program.
The NOx Fund has approved support for 10 new NOx-reducing measures in the last application round in 2022. Altogether, the projects provide an estimated NOx reduction of 730 tonnes and a support amount of approx. NOK 188 million.
There is a great potential for reducing significant amounts of CO2 and NOx emissions on rigs. The NOx Fund has visited the jack-up rig Noble Invincible to look at NOx-reducing measures that have been implemented and supported by the NOx Fund.
The NOx Agreement 2018-2025 has been extended by two years. All companies must sign the new Supplementary Agreement for 2026-2027 in order to be entitled to a tax exemption from the state from 1st January 2026.
The NOx Fund increases the urea support to a maximum of NOK 15 per kg of urea solution.
The payment rate for 2023 will increase by NOK 0,50 per kg of NOx emissions for both high and low rates.
The NOx Fund has approved support for nine new measures in this round of applications. The projects provide a total estimated NOx reduction of 400 tonnes and a support amount of NOK 167 million.
The NOx Fund has decided to increase the support rate for NOx-reducing measures and fleet renewal.
The NOx Fund has decided to be stricter on accepting what is confidential or not confidential on submitted applications for support for NOx-reducing measures. The decision enters into force with immediate effect.