An extensive survey of the tax regimes for renewable energy –sources in over 50 countries.

      Unlike previous editions, this report now covers not only the taxation of wind power production but also other renewable energy sources such as solar and hydropower. The survey confirms that Norway continues to stand out as the country with the highest taxation on renewable energy, primarily through resource rent tax on hydropower and onshore wind power.

      The report provides a comprehensive overview of the tax systems in more than 50 countries, focusing on the taxation of renewable energy. It serves as a valuable tool for investments in renewable energy across borders. It illustrates how many countries use tax regulations as a means to promote the green transition, including the implementation of tax incentive schemes to achieve their climate goals.

      "The report is an important tool for understanding how different nations facilitate increased production of renewable energy through the use of their tax systems." 

      – Trond Thorvaldsen, Head of ENR Tax

      Trond Thorvaldsen

      Director | Rådgiver

      KPMG Law Advokatfirma AS


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      Beyond the horizon

      Taxation of renewable energy – 2025 A country overview, 4th edition

      Key Findings from the Report:

      • Covers 50 jurisdictions

        The report now covers 50 jurisdictions and multiple technologies, representing a significant expansion from previous editions.

      • Tax incentives important

        Many countries use tax incentives to promote investments in renewable energy.

      • Norway stands out

        Norway stands out by imposing higher taxes on the renewable energy sector compared to other industries..

      • Investments across borders

        The report can be useful for companies investing in renewable energy across borders.

      Get in touch

      Regine Mo

      Manager | Advokat

      KPMG Law Advokatfirma AS

      Jan Erik Greni

      Partner | Advokat

      KPMG Law Advokatfirma AS

      Trond Thorvaldsen

      Director | Rådgiver

      KPMG Law Advokatfirma AS

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