About the company

Type
Company

Members type
innovator

Headquarters
0184 Oslo, Norway

Company size

Founders
Norvegian State

Founded
1895

SDG's

Social

Website
statkraft.com

Alliance member

Statkraft


The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating.

Our strategy has four pillars:

Optimise hydropower portfolio:  The most important thing we do is to protect the value of our hydropower assets through refurbishments, improved operations and long-term industrial contracts. Furthermore we will continue to build on our flexible portfolio with selective acquisitions.

Expand as wind and solar developer: Our aim is to become a leading developer of profitable onshore wind and solar projects. This means taking on a significantly larger number of projects, and introducing a build-sell-operate logic. Statkraft develops the projects, including finding route to market and thereafter sells stakes in it.

Grow the customer business: We will use our market knowledge to serve customers’ needs in an increasingly complex market. Our products and services covers the whole value chain; from market access and hedging to green power supply. We will also provide the best solutions for our customers within EV charging and district heating.

Develop new business within decarbonisation and renewable energy: Based on Norway’s position as a forerunner in decarbonisation we will develop 1-2 large business initiatives with international potential, within e.g. data centers, biofuel or hydrogen.