Statkraft
Statkraft is the largest generator of renewable energy in Europe. Statkraft develops and generates hydropower, wind power and district heating, and is a major player on the European energy exchanges.
Power generation
The bulk of Statkrafts's output is hydropower. The Group operates 143 hydropower plants in Norway, 58 in Sweden, 11 in Germany, four in Finland and one in Wales. Statkraft is developing and operating hydropower capacity in emerging markets outside Europe through its subsidiary SN Power.
Statkraft has constructed and operates three wind farms in Norway, and is currently involved in a series of wind farm projects in the Nordic region and the United Kingdom.
Furthermore, Statkraft is involved in several district heating projects in the Nordic region.
Statkraft is also a key player within development projects for offshore wind power, marine energy and osmotic power, solar power and other innovative energy solutions.
Trading and distribution
A significant percentage of Statkraft’s electricity output is traded on the European energy exchanges, primarily on the Nordic power exchange Nord Pool. Over a number of years, Statkraft has developed a unique business model, based on effective analysis, efficient operations, exploitation of the power plants’ inherent flexibility and dynamic hedging.
In Norway, Statkraft is also engaged in distribution grid operations and retail sales through its subsidiaries Trondheim Energi, Skagerak Energi and Fjordkraft. These companies have a total of approximately 271,000 grid customers and more than 400,000 electricity customers.
The group employs close to 3,000 staff in more than 20 countries.
Visit the Statkraft web site.
Related Articles
Norwegian companies to build wind farm off UK
220,000 homes will be supplied with clean energy from the offshore wind farm that is being established off the coast of UK by the end of 2011. StatoilHydro is operator for the development phase.
Energy from osmosis
The Norwegian company Statkraft opens the world’s first facility for osmotic power generation. Statkraft says a full-scale commercial osmotic power plant could be ready by 2015.
