Statnett Explained

Statnett SF
Type:Statsforetak
Foundation:1992
Location:Oslo, Norway
Key People:Hilde Tonne (CEO)
Area Served:Norway
Industry:Electricity
Products:Power grid
Revenue: NOK 5906 million (2015)
Operating Income:NOK 1714 million (2015)
Net Income:NOK 1103 million (2015)
Num Employees:1226 (2015)
Parent:Government of Norway
Homepage:www.statnett.no

Statnett is a Norwegian state owned enterprise responsible for owning, operating and constructing the stem power grid in Norway. The company has its headquarters in Oslo, Norway.

Statnett also owns 30% of the Nord Pool Spot along with other Nordic transmission system operators.

Network

Statnett is the transmission system operator in Norway, operating 11000km (7,000miles) of high power lines.[1] There are plans to upgrade the western grid from 300 to 420 kV at a cost of 8 billion NOK,[2] partly to accommodate cables[3] to Germany[4] and England.[5]

The power grid in Norway is divided into three sectors: the stem net, the regional net and the local net. While it is often local municipalities who own the regional and local net, the government through Statnett owns the stem net. The stem net typically has 300 to 420 kilovolts (kV) and is used to transport electricity large distances.

There are a number of international power cables from Norway to abroad, including lines to Sweden (3,600 MW), Finland (120 MW), Russia (50 MW), Denmark (1,700 MW submarine cable Cross-Skagerrak) and the Netherlands (700 MW submarine cable NorNed). Statnett also participates in the NORD.LINK and North Sea Link projects (proposed submarine cables to Germany and England, respectively).[6] [7] [8]

History

Statnett's operations were originally part of Norges vassdrags- og energiverk (NVE). In 1986 NVE was split in an operation company, Statskraftverkene and a directorate, Norges vassdrags- og energidirektorat. Statskraftverkene was split into Statnett (power grid) and Statkraft (production) in 1992.

See also

Statnett participates in the following international organisations:

Notes and References

  1. Web site: About Statnett Statnett.
  2. https://www.statnett.no/en/our-projects/southern-norway/western-corridor/ Western corridor
  3. Web site: Oppstart av arbeid på Vestre korridor Statnett.
  4. Web site: NordLink Statnett.
  5. Web site: North Sea Link.
  6. News: Statnett and E.ON mull Norway-Germany subsea cable. PennWell Corporation. Power Engineering International. 2008-01-10. 2010-11-14.
  7. News: Statnett and E.ON Netz Launch Joint Feasibility Study for a DC-Cable Between Norway And Germany. Penton Media, Inc.. Transmission & Distribution World. 2008-02-06. 2010-11-14.
  8. Statnett enters into the NorGer project . Statnett. 2010-06-23. 2010-11-14.