The year was characterised by a substantial drop in power prices, down 22% in the Nordic market, driven by the turbulence in the world economy.
“ Moreover, Statkraft chose to adapt to the market by producing less in Norway than in 2008, when power prices and our results reached record levels. In light of this, the result for 2009 is acceptable," says president and chief executive Bård Mikkelsen.
Profits
