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At the North Sea summit in Esbjerg in 2022 and a year later in Ostend, nine countries around the North Sea confirmed an ambition to develop 300 GW of offshore renewable energy by 2050. Following th …
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Statnett CEO Hilde Tonne has informed the Board of Directors today that she will step down from her position once her successor is in place. Tonne has been CEO of Statnett since 2021.
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Statnett is facilitating the green transition and is well underway building the grid we plan to have in place 20 years from now. Statnett's total investments were above NOK six billion in 2023 and …
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Statnett and CERN, the European Laboratory for Particle Physics, have signed a Memorandum of Cooperation (MoC). The agreement aims to explore collaborative opportunities across technological areas, …
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Statnett is stepping up its collaboration with five Transmission System Operators (TSO´s) surrounding the North Sea, to investigate potential grid solutions of hybrid connections foroffshore wind. …
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The Statnett Group's underlying profit after tax amounted to NOK 970 million in the first half of 2023, almost double compared to the first half of 2022. At the same time, reduced congestion revenu …
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The NSL cable between Norway and the UK will return to full operations on Tuesday 13th June after a technical fault at the plant in Suldal in Norway was repared.
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A fault resulted in the unavailability of the NSL interconnector between Norway and the UK Thursday afternoon. The fault resulted in the need to replace a component. Until this has been done, the i …
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At NOK 22.7 billion, congestion revenue accounted for the lion’s share of Statnett’s operating revenue in 2022. As a result of the extraordinarily high congestion revenue, a total of NOK 11.3 billi …
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Statnett has decided to reduce the maximum capacity on North Sea Link, the interconnector between Norway and the UK, in accordance with the interconnector Government License. Capacity will be set t …
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The energy markets in Europe are in a very challenging situation, dominated by the war in Ukraine, high prices and limited supply. At the same time, Statnett's short-term market analysis for 2022-2 …
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The leaders of the Baltic Sea electricity transmission system operators met in Helsinki on 2nd of November to discuss the energy crisis in Europe and the electricity adequacy of the region.
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