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Statkraft: Leading Provider of Renewable Energy

About Statkraft

Statkraft is a state-owned Norwegian energy company based in Oslo and is considered Europe's largest producer of renewable energy. Founded in 1895, Statkraft has over 125 years of history in the energy sector and is internationally leading in the production of hydropower, wind energy, solar energy, and other renewable energy sources[1][2][3].

Key Products and Services

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Statkraft develops and operates a wide range of renewable energy facilities, including:

Hydropower: The main source of electricity production for Statkraft.
Wind Energy: Statkraft operates onshore wind farms in various countries, including Germany, where it is one of the largest onshore wind farm operators[4].
Solar Energy: With projects in Italy, Spain, and other countries, Statkraft continuously expands its solar energy capacities[2].
Biomass and Gas: Complementary energy sources that contribute to the flexibility of the energy portfolio.
District Heating: Statkraft provides district heating and offers tailored green power PPAs (Power Purchase Agreements).
Energy Trading: As a global player in energy trading, Statkraft supports the integration of renewable energies and secures long-term values through global hedging strategies[3].

Mission and Values

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Statkraft's mission is to drive the transition to a green energy society. The company's values define, unite, and propel it in its mission to take the lead in renewable energy. These values include a forward-looking, innovative, and responsible corporate culture[1].

Sustainability Goals and Initiatives

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Statkraft is strongly committed to promoting sustainable energy and uses the Sustainable Development Goals (SDGs) of the United Nations as a guide for its business practices. The company continuously invests in the development and expansion of renewable energy sources and researches new technologies such as hydrogen and biofuels. Additionally, Statkraft operates a network of fast charging stations for electric vehicles in several European countries, including Norway, Sweden, the United Kingdom, Germany, and Austria[2][3][4].

Global Presence and Organization

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Statkraft operates in Europe, South America, and Asia and is organized into five business areas and two staff areas:

Nordic: Responsible for O&M services and value creation from the European portfolio.
Europe: Focused on the development and ownership of wind and solar power plants in Europe.
International: Responsible for the acquisition, development, and operation of renewable energy facilities outside Western Europe.
Markets: Concentrates on the commercial optimization and development of the flexible generation portfolio.
New Energy Solutions: Focused on innovative solutions such as hydrogen, biofuels, and EV charging stations[5].

Statkraft remains committed as a reliable partner to actively shape the path to a climate-neutral future and to further expand broad support for renewable energies.

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