Statkraft Seeks License for New Aura Power Plant
Statkraft is excited to announce its application for a license to construct the new Aura power plant in Norway, with a noteworthy budget of 6 billion NOK. This installation is poised to deliver a capacity that is 2.5 times greater than the existing maximum, ultimately enhancing the stability of the electrical power supply for the region.
Investment in Hydropower
With plans for what could be the largest investments in hydropower in decades, Statkraft aims to usher in a new generation of hydropower facilities. The Aura project stands as one of the company’s most significant undertakings. Just weeks ago, Statkraft also submitted an application for upgrading the Nore I and Nore II power plants in another region. These projects are part of an extensive set of upgrades promised by the company, which also includes enhancements to the Mauranger facility.
CEO's Vision for Hydropower
“Electricity forms the backbone of society and drives value creation throughout the nation,” states CEO Birgitte Ringstad Vartdal. “Many existing hydropower facilities are in need of modernization. Coupled with the growing need for energy from intermittent sources, it's crucial to generate more electricity whenever necessary. The new Aura power plant will not only allow for greater capacity and energy output but will do so without requiring additional water resources.”
Aura Plant Overview
The existing Aura power plant operates two stations, Aura and Osbu, which have been critical to electricity generation in the region since their inception in 1953. This location is strategically situated near Hydro Sunndal, Norway's largest aluminum plant and a major consumer of power.
The Significance of Upgrading
“Having served for over 70 years, the time has come to modernize Aura. To secure a reliable power supply for the forthcoming years, building a completely new plant seems the best solution,” reflects project manager Are Paulsen. The current facility accounts for over a quarter of the electricity produced in its region, demonstrating its importance.
Enhancements to Capacity
Statkraft's proposal includes constructing a new power station deeper within the mountain, complemented by a new tunnel to divert water from the Osbu reservoir. The project will feature significantly larger turbines, amplifying the plant's maximum capacity from 310 MW to approximately 810 MW, thereby using the same volume of water more efficiently.
Boosting Peak Demand Energy Production
This upgrade means that the new plant will be capable of producing more electricity during high-demand periods. In addition, it is expected to increase annual energy output by around 130 GWh in a standard year, equivalent to the energy consumption of over 130,000 Norwegian homes.
Future Plans and Community Impact
With these enhancements, Aura will stand amongst Norway's largest hydropower plants regarding capacity, marking a substantial development in the nation’s energy landscape.
Investment and Economic Opportunity
Vartdal further emphasizes the positive implications for the local community, stating, “The new Aura power plant will significantly invest in the region, creating beneficial ripple effects and offering employment to various contractors and suppliers.”
Strategic Capacity Expansion
Beyond Aura, Statkraft is set to commence upgrades at four other key hydropower plants, which in total could elevate the company’s hydropower capacity in Norway by 1,500 to 2,500 MW—an increase exceeding 20 percent. This initiative is a vital component of Statkraft's strategy to enhance hydropower capabilities while reducing environmental impacts.
Commitment to Local Engagement
“These capacity expansions require a significant financial commitment and offer only marginal profitability. Multiple factors such as environmental implications, rights of landowners, and the local community must be carefully balanced. We are dedicated to engaging in robust local dialogues,” concludes Vartdal.
For further information, please contact:
Media spokesperson Nina Nerbøvik Holand
Tel: +47 482 21 775
Email: ninh@statkraft.com
About Statkraft
Statkraft is a leading international hydropower company and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, and gas-fired power, supplying district heating. With around 7,000 employees across more than 20 countries, Statkraft is a key player in energy market operations.
Frequently Asked Questions
What is the purpose of the new Aura power plant?
The new Aura power plant aims to significantly boost the region's electricity supply stability and efficiency.
How much energy will the upgraded plant produce?
The upgraded Aura power plant is expected to produce around 130 GWh more energy annually, aiding over 130,000 households.
What is Statkraft's goal with this investment?
Statkraft aims to position itself as a leader in renewable energy, expanding its hydropower capacity while minimizing environmental impacts.
Why is modernization necessary for existing plants?
Modernization is essential to meet increasing energy demands and improve operational efficiency of aging facilities.
How does Statkraft engage with local communities regarding projects?
Statkraft commits to thorough local dialogue to address concerns, impacts, and benefits related to their projects.
