Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, gas-fired power and district heating and is a global player in energy market operations. Statkraft has 3,700 employees in more than 20 countries.

Statkraft has more than 100 years of experience with hydropower, and is the largest producer of electricity from hydro power in Europe. Statkraft’s history is inextricably linked to the development of hydropower generation in Norway. Though Statkraft was not established as an independent enterprise until 1992, its power plants and business operations date as far back as the end of the 19th century, when the power of the country’s waterfalls was first harnessed.


The majority of the Statkraft Group’s energy production is generated through hydropower. Production takes place in 373 hydropower plants – 263 in Norway, 60 in Sweden, 10 in Germany, three in the United Kingdom, and 32 outside Europe. 

Statkraft is involved in other hydropower projects in the Nordic region and Southeast Europe. We are developing new production capacity in selected countries in South America and Asia alone and through the company Statkraft International and SN Power.


STAT will contribute by providing access to the 200 MW Oksla hydropower-plant where the final AFC system will be validated at full scale. STAT will be an active partner in the consortium in all the WPs contributing with their experience and operations knowledge. More specific contributions will be related to the ICM system thanks to its previous investments for 1st generation and the legal control of the related patents.