Oslo, Norway
Oslo, Norway

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's headquarters are 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 , Naturkraft , SN Power , Bergenshalvøens Kommunale Kraftselskap , Agder Energi , E.ON Sverige and Småkraft. Wikipedia.

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News Article | May 11, 2017
Site: globenewswire.com

The Norwegian government has announced a new dividend expectation for Statkraft in the proposal for the revised State budget. The proposed new dividend expectation entails that Statkraft shall pay a dividend of 85 per cent of realized profit from Norwegian hydropower business and 25 per cent of realized profit from other business activities. Norwegian hydropower business is defined to constitute the same activities as included in Statkraft's note 4 in the annual report for 2016. The government explains the new dividend expectation with among other things the increasing need for reinvestments in Norwegian hydropower and that the company shall be given increased possibility for growth in other business activities. - This is positive for the strategic development of Statkraft as a leading renewable energy company. This will increase the investment capacity and predictability for the Statkraft Group in the years to come, says CEO Christian Rynning-Tønnesen. The new dividend expectation will be fully implemented with effect from the accounting year 2017. It is proposed that Statkraft pays NOK 2400 million in dividend for the accounting year 2016. The proposal is subject to parliamentary approval. For further information, please contact: Senior Vice President Thomas Geiran, tel + 47 90579979, e-mail: Thomas.Geiran@statkraft.com Press spokesperson Knut Fjerdingstad, tel: +47 901 86 310, e-mail: Knut.Fjerdingstad@statkraft.com Senior Vice President Bente E. Engesland, tel: +47 911 59 952, e-mail: Bente.Engesland@statkraft.com 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 3800 employees in more than 20 countries. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.


News Article | May 10, 2017
Site: www.prnewswire.com

NEW YORK, May 10, 2017 /PRNewswire/ -- Report Details This latest report by business intelligence provider visiongain assesses that Hydropower spending will reach $34.46bn in 2017, including spending on new-build and extension projects. This report addresses the development of the global hydropower market, analysing the prospects for 4 submarkets, 6 regional markets and 11 key national markets, and including forecasts for CAPEX and installed capacity from 2016-2026. It is therefore critical that you have your timescales correct and your forecasting plans ready. This report will ensure that you do. Visiongain's report will ensure that you keep informed and ahead of your competitors. Gain that Competitive advantage. Read the full report: http://www.reportlinker.com/p04891717/Hydropower-Market.html The Hydropower Market Forecast 2017-2027 responds to your need for definitive market data: Read on to discover how you can exploit the future business opportunities emerging in this sector. Visiongain's new study tells you and tells you NOW. In this brand new report, you find 209 in-depth tables, charts and graphs all unavailable elsewhere. The 358 page report provides clear detailed insight into the global Hydropower market. Discover the key drivers and challenges affecting the market. By ordering and reading our brand new report today you stay better informed and ready to act. Report Scope The report delivers considerable added value by revealing: • 209 tables, charts and graphs analysing and revealing the growth prospects and outlook for the Hydropower market. • Hydropower market forecasts and analysis from 2017-2027. • Hydropower market provides CAPEX forecasts and analysis from 2017-2027 for 4 Hydropower submarkets: • Small • Large • Storage • Run-of-River • Regional Hydropower market forecasts from 2017-2027 with drivers and restraints for the regions including: • Africa • Asia • Europe • Latin America • North America • Oceania • Hydropower country level analysis for • China • India • Pakistan • Philippines • Nepal • Turkey • Brazil • Chile • Peru • Canada • United States of America • Company profiles for the leading 17 Hydropower companies • China Three Gorges Corporation • Water and Power Development Authority • Nepal Electricity Authority • Odebrecht Organisation • Statkraft • Alstom • Voith Group • Andritz AG • Dongfang Electric Corporation • Harbin Electric Machinery Company Limited • Conclusions and recommendations which will aid decision-making How will you benefit from this report? • Keep your knowledge base up to speed. Don't get left behind • Reinforce your strategic decision-making with definitive and reliable market data • Learn how to exploit new technological trends • Realise your company's full potential within the market • Understand the competitive landscape and identify potential new business opportunities & partnerships Who should read this report? • Hydropower Operators • Hydropower Equipment Suppliers • Commodity traders • Investment managers • Arbitrage companies and divisions • Energy price reporting companies • Energy company managers • Energy consultants • Oil and gas company executives and analysts • Heads of strategic development • Business development managers • Marketing managers • Market analysts, • Technologists • Suppliers • Investors • Banks • Government agencies Visiongain's study is intended for anyone requiring commercial analyses for the Hydropower market and leading companies. You find data, trends and predictions. Buy our report today the Hydropower Market 2017-2027: CAPEX and Installed Capacity Forecasts for Small Hydro, Large Hydro, Storage and Run-of-River Projects Plus Regional Market and Leading Companies Forecast. Avoid missing out by staying informed – get our report now. visiongain is a trading partner with the US Federal Government Read the full report: http://www.reportlinker.com/p04891717/Hydropower-Market.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hydropower-market-2017-2027-300455561.html


News Article | May 11, 2017
Site: globenewswire.com

Den nye utbytteforventningen er blant annet begrunnet med at Statkraft står overfor store reinvesteringer i norsk vannkraft i årene som kommer og at selskapet skal gis mulighet for vekst i øvrig virksomhet. - Dette er positivt for den strategiske utviklingen av Statkraft som et ledende selskap innenfor fornybar energi. Den vil gi økt investeringskapasitet og forutsigbarhet for Statkraftkonsernet i årene som kommer, sier konsernsjef Christian Rynning-Tønnesen. Det er foreslått at den nye utbytteforventningen innføres fullt ut med virkning for regnskapsåret 2017. Utbyttet til staten vil være 2400 millioner kroner for regnskapsåret 2016. Forslaget forutsetter Stortingets samtykke.


News Article | May 10, 2017
Site: globenewswire.com

(Fornebu, 10 May 2017) The Corporate Assembly has elected Grethe Viksaas and Jørgen Kildahl as new members of the Board of Directors of Telenor ASA. The new directors will succeed Siri Beate Hatlen, Ashok Vaswani, Regi Aalstad and Dag Opedal, who has been relieved of their duties. Grethe Viksaas was born in Norway in 1958 and lives in Oslo. Ms. Viksaas has had a long career in Northern European managed services provider Basefarm AS - first as founder, CEO and from 2016 as working chair. Prior to her career in Basefarm, Viksaas served as CEO for SOL System AS and Infostream ASP. Viksaas has experience from numerous board positions, including Zenitel Group, and Inmeta-Crayon. She currently serves on the boards of Norsk Regnesentral and IKT-Norge, as well as various startup companies. Ms. Viksaas has a master's degree in computer science from the University of Oslo. Jørgen Kildahl was born in Norway in 1963 and lives in Düsseldorf, Germany. He is currently serving on the Board of Directors of Höegh LNG and eSmart Systems. Kildahl has previously served as a member of the Board of Management in E.ON SE, and as an Executive Vice President in Statkraft. He has also been a partner in the PR consulting group Geelmuyden Kiese. Kildahl holds a business degree (siviløkonom) and a MBA in Finance from the NHH Norwegian School of Economics in Bergen. After these changes the Board of Directors of Telenor ASA consists of: The Nomination Committee aims to propose the election of an additional new Director to the Telenor ASA Board. Such proposal will be made during the fall of 2017.


News Article | May 11, 2017
Site: globenewswire.com

The Norwegian government has announced a new dividend expectation for Statkraft in the proposal for the revised State budget. The proposed new dividend expectation entails that Statkraft shall pay a dividend of 85 per cent of realized profit from Norwegian hydropower business and 25 per cent of realized profit from other business activities. Norwegian hydropower business is defined to constitute the same activities as included in Statkraft's note 4 in the annual report for 2016. The government explains the new dividend expectation with among other things the increasing need for reinvestments in Norwegian hydropower and that the company shall be given increased possibility for growth in other business activities. - This is positive for the strategic development of Statkraft as a leading renewable energy company. This will increase the investment capacity and predictability for the Statkraft Group in the years to come, says CEO Christian Rynning-Tønnesen. The new dividend expectation will be fully implemented with effect from the accounting year 2017. It is proposed that Statkraft pays NOK 2400 million in dividend for the accounting year 2016. The proposal is subject to parliamentary approval. For further information, please contact: Senior Vice President Thomas Geiran, tel + 47 90579979, e-mail: Thomas.Geiran@statkraft.com Press spokesperson Knut Fjerdingstad, tel: +47 901 86 310, e-mail: Knut.Fjerdingstad@statkraft.com Senior Vice President Bente E. Engesland, tel: +47 911 59 952, e-mail: Bente.Engesland@statkraft.com 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 3800 employees in more than 20 countries. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.


News Article | May 10, 2017
Site: globenewswire.com

(Fornebu, 10 May 2017) The Corporate Assembly has elected Grethe Viksaas and Jørgen Kildahl as new members of the Board of Directors of Telenor ASA. The new directors will succeed Siri Beate Hatlen, Ashok Vaswani, Regi Aalstad and Dag Opedal, who has been relieved of their duties. Grethe Viksaas was born in Norway in 1958 and lives in Oslo. Ms. Viksaas has had a long career in Northern European managed services provider Basefarm AS - first as founder, CEO and from 2016 as working chair. Prior to her career in Basefarm, Viksaas served as CEO for SOL System AS and Infostream ASP. Viksaas has experience from numerous board positions, including Zenitel Group, and Inmeta-Crayon. She currently serves on the boards of Norsk Regnesentral and IKT-Norge, as well as various startup companies. Ms. Viksaas has a master's degree in computer science from the University of Oslo. Jørgen Kildahl was born in Norway in 1963 and lives in Düsseldorf, Germany. He is currently serving on the Board of Directors of Höegh LNG and eSmart Systems. Kildahl has previously served as a member of the Board of Management in E.ON SE, and as an Executive Vice President in Statkraft. He has also been a partner in the PR consulting group Geelmuyden Kiese. Kildahl holds a business degree (siviløkonom) and a MBA in Finance from the NHH Norwegian School of Economics in Bergen. After these changes the Board of Directors of Telenor ASA consists of: The Nomination Committee aims to propose the election of an additional new Director to the Telenor ASA Board. Such proposal will be made during the fall of 2017.


News Article | May 11, 2017
Site: globenewswire.com

Den nye utbytteforventningen er blant annet begrunnet med at Statkraft står overfor store reinvesteringer i norsk vannkraft i årene som kommer og at selskapet skal gis mulighet for vekst i øvrig virksomhet. - Dette er positivt for den strategiske utviklingen av Statkraft som et ledende selskap innenfor fornybar energi. Den vil gi økt investeringskapasitet og forutsigbarhet for Statkraftkonsernet i årene som kommer, sier konsernsjef Christian Rynning-Tønnesen. Det er foreslått at den nye utbytteforventningen innføres fullt ut med virkning for regnskapsåret 2017. Utbyttet til staten vil være 2400 millioner kroner for regnskapsåret 2016. Forslaget forutsetter Stortingets samtykke.


Grant
Agency: European Commission | Branch: H2020 | Program: RIA | Phase: LCE-07-2016-2017 | Award Amount: 7.17M | Year: 2016

FIThydro addresses the decision support in commissioning and operating hydropower plants (HPP) by use of existing and innovative technologies. It concentrates on mitigation measures and strategies to develop cost-efficient environmental solutions and on strategies to avoid individual fish damage and enhancing population developments. Therefore HPPS all over Europe are involved as test sites. The facilities for upstream and downstream migration are evaluated, different bypass systems including their use as habitats and the influence of sediment on habitat. In addition existing tools and devices will be enhanced during the project and will be used in the experimental set-ups in the laboratories and at the test sites for e.g. detection of fish or prediction of behavior. This includes sensor fish, different solutions for migration as e.g. trash rack variations, different fish tracking systems, but also numerical models as habitat and population model or virtual fish swimming path model. Therefore a three-level-based workplan was created with preparatory desk work at the beginning to analyze shortcomings and potential in environment-friendly hydropower. Following the experimental tests will be conducted at the different test sites to demonstrate and evaluate the effects of the different options not covered by the desk-work. Thirdly, these results are fed into a risk based Decision Support System (DSS) which is developed for planning, commissioning and operating of HPPs. It is meant to enable operators to fulfill the requirements of cost-effective production and at the same time meet the environmental obligations and targets under European legislation and achieve a self-sustained fish population.


The invention relates to a flexible element (18) suitable to be used in a Pressure Retarded Osmosis (PRO) power plant which can be easily produced in large quantity, tested and assembled. The element comprises a frame having three openings one being closed by two membranes (19,21) and a spacer (22) inbetween and overlaid by further spacers (23,26). The invention relates also to a system and a method to produce a system suitable to be used in PRO where a stack of flexible elements is arranged in a pressurized vessel so as to define hollow areas for fluid passage between an internal surface of the pressure vessel and a side surface of the stack of flexible elements.


Grant
Agency: European Commission | Branch: FP7 | Program: CP | Phase: ENERGY.2011.2.3-2 | Award Amount: 4.00M | Year: 2012

The European Energy Research Alliance (EERA) together with some high-impact industry partners addresses the call proposing an integrated and validated design tool combining the state-of-the-art wake, yield and electrical models available in the consortium, as a plug-in architecture with possibility for third party models. To decrease uncertainties around wind farm wake predictions, a small measurement campaign together with the new data available from the industry partners will enable better tuning, and eventually better modelling of the far-field of wind farm wakes. With the large amount of offshore wind farms to be built in the next years, clusters of wind farms will appear at favourable locations, like in the German Bight and Dogger Bank. Large arrays of floating wind farms planned near long-distance grid cables independent of water depth will also start to appear in the next years. The planning and design of these clusters pose new challenges with regards to the siting of the connected wind farms, the design of the interconnecting grid structure and the integration of the large amount of power into the electricity supply systems. The concept of the EERA-DTOC project is to combine this expertise in a common integrated software tool for the optimised design of offshore wind farms and wind farm clusters acting as wind power plants. The only point less well known, due to the lack of good data so far, is the behaviour of the wind farm wake, in particular far-field wake. Therefore, a small measurement campaign is planned and collection of lidar data and high-resolution satellite images to get better data. Key industry actors working as end users of the software will help in the design of the tool, and will afterwards verify the performance of the tool using their own data and test cases.

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