A Call for Sustainable Support: Discussing Discount Schemes Beyond Fishing
In the ongoing conversation about the viability of expanding discount schemes for essential resources like electricity and water, Naalakkersuisut Member Naaja H. Nathanielsen emphasizes the need for caution. While the fishing industry has benefited from such discounts, the concerns surrounding their impact on Nukissiorfiit’s finances cannot be overlooked.
In 2024, the current discount plan resulted in a staggering loss of DKK 43.3 million for Nukissiorfiit. “This substantial figure equates to lost earnings that ultimately burden all consumers,” Nathanielsen explains, highlighting the financial strain on the company while questioning the feasibility of extending this financial relief to other industries.
The matter was brought to light by Isak Petrussen (D), a member of Inatsisartut, who prompted the government to consider whether the existing discount scheme could be applied to sectors beyond fishing. Petrussen acknowledges the importance of supporting the fishing industry, which currently pays a maximum of only 50 percent of the actual costs for electricity and water at their locations — a rate that cannot exceed the general consumer rate.
However, he argues that growing sectors, particularly small businesses that struggle with high energy costs, also warrant attention. “We have a pressing need to nurture new business opportunities,” he states in support of his inquiry.
A Need for a Thoughtful Approach
In her response, Nathanielsen reaffirms that while expanding the discount scheme is a noble intention, it must be balanced against the financial health of Nukissiorfiit. “A new model must be developed that safeguards the company’s economic viability,” she asserts. Without this consideration, the ripple effects could lead to increased tariffs for all customers.
To that end, Nathanielsen suggests that if other industries, especially small and entrepreneurial ventures, are to receive similar support, it must come with a robust financing model. “We need to ensure that any new scheme targeting small businesses does not put additional strain on Nukissiorfiit or adversely affect other consumers’ tariffs,” she adds.
In a proactive step, the Department of Fisheries, Catching, Agriculture and Self-Sufficiency is already exploring options for a temporary and targeted discount scheme aimed at start-ups within the food production and self-sufficiency sectors.
As discussions progress, the balance between fostering innovation and maintaining financial stability remains a crucial focal point for policymakers in Greenland.