Petition · Department for Energy Security and Net Zero

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

Open for signatures 55 signatures

What the petition asks

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.

Timeline

21 Apr 2026 Petition opened for signatures

Key facts

Signatures 55
Status Open for signatures
Department Department for Energy Security and Net Zero
Opened 21 Apr 2026

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Source: the official petition page. Last checked 26 Jul 2026.