Technical advisory for the Norwegian NOx Fund

Technical advisory for the Norwegian NOx Fund

The Norwegian NOx Fund relies on our independent quality assurance for the yearly  expenditure of up to USD 100 million in support of emission-reducing technologies.

The business sector’s Norwegian NOx Fund was initiated after the introduction of the Norwegian tax on NOx emissions in 2007. The fund is based on an industry/authority agreement, including tax relief and quantitative NOx-reduction commitments. Enterprises may apply for financial support for installation of NOx-reducing measures (going beyond existing regulations), receiving up to 80% coverage of their investment.

Examples of technologies supported include LNG, selective catalyst reduction (SCR) systems, battery-driven/hybrid ships, low-NOx engines, engine replacements, exhaust gas recirculation (EGR) and various fuel-saving technologies. The fund also provides financial support for the infrastructure of LNG bunkering and arrangements for shore power.

DNV GL has been delegated the following tasks:

  • Technical and financial evaluation of each funding application and recommendation on support worthiness and payment amount
  • Recommendations regarding the prioritisation of measures in order to ensure the most cost-effective use of the fund’s finances
  • Verification of the implementation of measures and the resulting emission reduction
  • Support in ensuring that the fund model and principles are aligned with the ongoing developments in technology, rules and the market

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