Tariffs
Statnett and other Norwegian grid companies are subject to monopoly control. Our revenues come in the form of tariffs from our customers and from congestion revenues. The amount of revenue allowed is regulated by the Norwegian Energy Regulatory Authority and is set for one year at a time. The tariff consists of a fixed part and a variable part. However, the total amount must not exceed the revenue determined by the authority.
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The project parties involved in the day-ahead Nordic Flow-Based Market Coupling project are pleased to announce the successful go-live of the project on 29/10/2024, (first trading day for delivery …
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Elisabeth Vike Vardheim, who is currently acting CEO, will take up the position of CEO of Statnett.
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Statnett is increasing investments in the power grid and in digitalization. In the first half of 2024, around 50 new power grid projects have been initiated, and 210 larger and smaller projects are …
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As of 1th of June, there are the following temporary changes in Statnett's group management.
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Elisabeth Vike Vardheim, currently Executive Vice President Grid and Asset Management in Statnett, will be acting CEO from 1 June. She will be acting in the position until a new CEO is in place.
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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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