UK Parliament home

Open Restructure the UK Energy Market to Adopt the Norwegian Model of Resource Wealth

Created by Constantin Mihalas
Closes on

Adopt the Norwegian model: Establish a state-owned energy entity with equity in all North Sea projects. Legislate to decouple domestic prices from global markets, ensuring UK-extracted oil and gas is sold to UK households at a "cost-plus" social tariff to end fuel poverty and record-high bills.

We believe the UK is resource-rich, yet residents face record fuel poverty while oil giants report billions in profits. Norway, sharing the same North Sea, has a £1.3tn wealth fund and stable costs. We feel our current "free market" model fails us; we pay global prices for our own resources. The Government must stop prioritising private shareholders over national security. We believe transitioning to a Norwegian-style state equity model could ensure our natural wealth lowers domestic bills, not just corporate dividends.

Sign this petition

49 signatures

Show on a map

10,000

Petition progress

View all updates for this petition, with the most recent first.

  • Petition published

    This petition can now be signed.

    If this petition gets 10,000 signatures, government will respond to it.

    If this petition gets 100,000 signatures, it will be considered for debate in Parliament.

    This petition will stay open until 21 October 2026.