Statkraft : Ask Biography

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Statkraft is a Norwegian state owned electricity company. With a total energy production of 44.9 TWh in 2007, the Statkraft Group is the third largest energy producer in the Nordic region, as well as the largest energy producer based on renewable energy sources in Europe,

consisting of 40% of the production in Norway. Including the subsidiaries Skagerak Energi and Trondheim Energi, the group has some 2100 employees. The company has its headquarters in Oslo, Norway.

Hydroelectric power provides the majority of Statkraft's renewable energy; it operates 133 plants in Norway, 12 in Sweden and four in Finland. The company also operates two windfarms in Norway, Smøla Wind Farm and Hitra Wind Farm, in addition to district heating in Trondheim and gas power and hydroelectric power in Germany.

Statkraft owns 100% of Trondheim Energi. In addition it has partial ownership of Skagerak Energi (66,62%), Naturkraft (50%), SN Power (50%), Bergenshalvøens Kommunale Kraftselskap (49,9%), Agder Energi (45,5%), E.ON Sverige (44,6%) and Småkraft.