Statkraft optimistic from new projects and better price outlook

The Norwegian utility has price hedging to thank for a safe landing after an uncertain year, but 2021 will see growth in current energy sources and new business areas emerge.

Photo: Statkraft

The past year was unusual for Norwegian state-owned utility Statkraft, and a busy one, with several new projects and collaborations on the agenda.

Although the Covid-19 pandemic has undeniably played a role in 2020, the utility thinks it came out well from a year that proved pretty unpredictable on several parameters, says Chief Executive Christian Rynning-Tønnesen.

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