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.