A new animation video gives a simple and straightforward introduction to Statkraft's Trading and Origination Strategy.
Statkrafts Trading and Origination Strategy
Tuesday, 24 February 2015
Nobel Prize winner and former Vice President of the United States, Al Gore, will visit Oslo in June 2015 for Statkraft’s 120-year anniversary celebration.
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Tuesday, 17 February 2015
Statkraft and Södra form biofuels company
today 12:49 | pressrelease
(Lysaker/Tofte, 16 February 2015) Statkraft and Södra have formed a company to establish future production of second generation biofuels. Named Silva Green Fuel AS, ownership of the company is split between Statkraft (51%) and Södra (49%). Biofuels can be an important contribution towards achieving national and international targets to reduce greenhouse gas emissions from the transport sector.
The new company's first task is to find a cost-effective technology for commercial industrial production of second-generation biofuels based on forestry raw materials. At the same time, a future focus will depend the facilitation of increased use of biofuels by the authorities through tax changes and attractive incentives.
"Statkraft considers biofuels to be an exciting business development in renewable energy. The partnership with Södra, through Silva Green Fuel AS, is a good foundation for studying innovative technologies," says Christian Rynning-Tønnesen, CEO of Statkraft.
"Södra is following, with great interest, the technological developments and business opportunities arising from the utilisation of forestry raw materials for industrial production of carbon-neutral fuel. We also have had a good experience from our previous partnership with Statkraft and look forward to uniting the two companies' expertise and experience in this project," says Lars Idermark, CEO of Södra.
Will purchase factory site at Tofte
Statkraft has acquired all of the shares in Södra Cell Tofte AS, which owns the former factory site at Tofte. Located in Eastern Norway, the industrial area has an established infrastructure and a deep water quay for handling large quantities of wood. Statkraft therefore also plans to sell biomass from Tofte to existing biofuel power plants in neighbouring countries.
Statkraft is a leading company in hydropower internationally and Europe's largest generator of renewable energy. The Group produces hydropower, wind power, gas power and district heating and is a global player in energy market operations. Statkraft has 3700 employees in more than 20 countries.
Södra is a group with extensive forestry operations and a leading producer of paper pulp, sawn timber and bioenergy. The Group is owned by 50,000 forest owners in southern Sweden, has 3,500 employees and revenue of SEK 17 billion
For further information:
Press spokesperson in Statkraft, Knut Fjerdingstad
Tel.: +47 901 86 310
E-mail: knut.fjerdingstad@statkraft.com
Tel.: +47 901 86 310
E-mail: knut.fjerdingstad@statkraft.com
Managing Director in Södra Tofte AS Christen Grønvold-Hansen
Tel.: +46 70 646 33 37
E-mail: christen.gronvold-hansen@sodra.com
Tel.: +46 70 646 33 37
E-mail: christen.gronvold-hansen@sodra.com
Thursday, 22 January 2015
European Pellet Conference 2015
Tiago Thomaz will be attending the European Pellet Conference in Wels (25-26 February 2015) - don't hesitate to email him to organise a meeting!
World Biomass Power Markets
Chris Moore will be attending the World Biomass Power Markets conference in Amsterdam on 18-19 February – don’t miss the opportunity to meet
with Chris! Just drop him an email – the contact details are on the website in the "Our Team" section.
Saturday, 10 January 2015
Norway's Statkraft To Invest $8 Billion In Renewables
Statkraft biomass NEWS
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Statkraft Imports more EnPlus Pellets for the UK RHI
Statkraft has imported more pellets into the UK as part of its growing presence in the RHI market. These pellets, sourced in Portugal, demonstrate a carbon saving in excess of 80% compared with the UK statutory requirement for 60%.
RWE scraps plan to sell Georgia Biomass - From Argus
RWE scraps plan to sell Georgia Biomass
07 Jan 2015 15:01 GMT
London, 7 January (Argus) — German utility RWE has decided not to continue with the sale of US wood-pellet subsidiary Georgia Biomass, which operates the US' largest pellet manufacturing plant.
The commercial terms offered for the plant did not meet expectations, RWE said. The company will now "examine the next steps and possible options for Georgia Biomass", RWE said, but declined to comment further on those options at this stage.
RWE Innogy launched the sale of Georgia Biomass in May as part of its shift in strategy to focus less on the biomass business and more on wind and solar power generation.
At the time of the announcement, other European utilities, as well as private-equity groups looking at opportunities in the wood-based renewables business showed interest in the sale.
Meanwhile, RWE has a contract-for-differences subsidy agreement from the UK government for the coal-to-biomass conversion of its 320MW Lynemouth power plant, which is still awaiting EU state aid clearance.
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