Statkraft
sold
0.3TWh
of
wind
in
the
first
three
months
of
the
year,
50%
more
than
in
the
same
quarter
in
2011.
But
it
booked
an
underlying
operating
profit
of
NKr16m
($2.7m)
from
its
wind
business,
compared
to
NKr26m
last
time,
because
of
the
depressed
prices
caused
by
a
surplus
of
power
in
the
Nordic
market.
The
picture
was
mirrored
in
Statkraft’s
huge
hydropower
operations,
where
production
was
26%
higher
but
profits
were
down.
“Nordic
power
prices
were
on
average
42%
lower
than
in
the
corresponding
quarter
in
2011,”
says
Statkraft.
The
group…
