Statkraft signs 15-year PPA with Boliden

Swedish metal company Boliden will buy power for its planned expanded factory from the Norwegian utility.

Photo: Statkraft / Ole Martin Wold

When Boliden commissions its extended smelting plant in Norwegian town Odda in 2024, the electricity for the site will be supplied by Statkraft for the following 15 years.

The power purchase agreement entails 1.6TWh per year and is meant to make the plant's operation greener. The smelting factory is being expanded from its current production capacity of 200,000 to 350,000 tonnes annually – an addition that will also raise power consumption with 700GWh per year.

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