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7-year power supply agreement with Alcoa 挪威

08 May, 2019

Statkraft and Alcoa 挪威 have entered into a long-term power supply agreement for the period 2020 to 2026. The total delivery will be just above 3 TWh, with annual deliveries of approximately 440 GWh.

The contract will contribute to supply Alcoa’s Norwegian aluminium production with power.

– As competition for long-term power supply agreements has picked up in 挪威, I’m pleased to enter a new contract confirming competitive terms and Statkraft’s role as a preferred supplier of electricity to Norwegian industry, says Executive Vice President Markets & IT in Statkraft, Hallvard Granheim.

– Access to renewable energy at globally competitive prices is key to Alcoa’s focus on climate change and further development in 挪威. We are very satisfied that Statkraft now can offer competitively priced contracts with the duration we wanted for our hedging portfolio in 挪威, says Country Manager Alcoa 挪威, Kai-Rune Heggland.

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Knut Fjerdingstad
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