Statkraft doubled its sales of wind power during 2013, with the Norwegian utility and hydropower giant emphasising that wind remains a key priority and growth driver in the year ahead.
sold 1.4TWh of wind power last year – up from 0.7TWh in 2012 – thanks to having
more capacity in its fleet and benefiting from stronger winds at projects like
UK offshore wind farm Sheringham Shoal.
wind unit remains small within the context of its overall business, accounting
for less than 4% of the electricity it sold during the fourth quarter – with
hydropower accounting for 94% of sales by comparison.
the wind unit is growing rapidly and profitably – turning in an underlying
operating profit of NKr103m ($16.9m) last year compared to a loss of NKr141m in
2012 – and it has a number of large onshore projects barreling through the
operating revenues for the wind unit hit NKr1.03bn last year, up from NKr511m
turbines are now in place at the 85MW Mörttjärnberget project in Sweden and the
67MW Berry Bum in the UK, and development remains on track at a number of
others, including the 270MW Björkhöjden in Sweden.
Statkraft last month assumed full responsibility for O&M at Sheringham
Shoal, its first offshore wind project which it owns jointly alongside
Norwegian peer Statoil.
Shoal is performing well for both companies, with Statkraft’s share accounting
for one-third of the wind power it generated during the most recent quarter.
another Round 2 UK offshore wind project owned by Statkraft and Statoil, was
recently named one of the four offshore wind projects potentially eligible for
an early Contract for Difference.
expects to make a final investment decision for Dudgeon later this year.
noted that it is entering a period of “major investments” to rehabilitate its
ageing hydropower plants in Scandinavia.
investments will be made in parallel with new hydro and wind projects
internationally, it says.