EnergyWatch

Statkraft targets major player status on Europe's PPA market

After finishing the first half of 2021 with a record operating result, the Norwegian utility is ready to invest NOK 13bn per year and aims to take on the role of global trader.

Photo: Statkraft

Following a 2020 which could undoubtedly be described as lackluster, Norwegian state-owned utility Statkraft has turned things around and now looks toward the remaining 2021 with positivity.

Statkraft finished the second quarter with just as fine results as it did the first, resulting in a record half-year for the operating result, and the company is now prepared to make a series of new investments.

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