Reading Time: 1 minutes
Statkraft, Norway’s leading wind power producer, is actively engaged in repowering existing wind farms and developing new projects. Initiatives include the Moifjellet 260 MW project in Rogaland and repowering efforts in Smøla, Hitra, and Kjøllefjord, aiming for a 40% production increase.
Additionally, Statkraft explores four potential wind power projects in Finnmark, Northern Norway, investing around 1 billion euros in onshore wind farm renewal and new construction. The goal is to achieve over 2,500 GWh of wind power production, more than doubling the current output.
”Today, Statkraft is presenting the largest investment program of its kind in hydro- and wind power in Norway for decades. This will be a major contribution to the energy system in Norway and to the green transition. It will also have positive effects on the Nordic and European energy markets,” said Christian Rynning-Tønnesen, CEO of Statkraft.
“The future power system in Norway and Europe will need both more power and increased flexibility. Phasing in more intermittent power such as wind and solar through increased capacity and flexibility in hydropower is key to succeed with the transition to a net zero future,” added Rynning-Tønnesen.
“We have fantastic wind resources in Norway. Onshore wind is the technology that can provide us with new power in the fastest and cheapest way before 2030. We should therefore develop the best wind projects so that we can contribute to both industrial development and emission cuts,” noted Birgitte Ringstad Vartdal, Statkraft’s Executive Vice President for the Nordic region. “Development of new wind farms in Finnmark depends on access to a limited grid capacity, concessions, and that we are able to find good solutions with local stakeholders and interests, such as reindeer herders,”added further Vartdal.
