Statnett
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| Statnett SF | |
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 |
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| Type | State owned |
| Founded | 1992 |
| Headquarters | Oslo, Norway |
| Area served | Norway |
| Key people | Odd Håkon Hoelsæter (CEO) |
| Industry | Electricity |
| Products | Power grid |
| Revenue | ▲ NOK 5,244 million (2005) |
| Operating income | NOK 466 million (2005) |
| Net income | NOK 174 million (2005) |
| Employees | 599 (2006) |
| Parent | Government of Norway |
| Website | www.statnett.no |
Statnett is a Norwegian state owned enterprise responsible for owning, operating and constructing the stem power grid in Norway. The company has its headquarters in Oslo, Norway.
Statnett also owns 50% of the Nordic power exchange Nord Pool along with Svenska Kraftnät.
[edit] Network
The power grid in Norway is divided into three sectors: the stem net, the regional net and the local net. While it is often local, municipalities who own the regional and local net, the government through Statnett owns 85% of the stem net. The stem net typically has 300 to 420 kilovolts (kV) and is used to transport electricity large distances.
There are a number of international power cables from Norway to abroad, including lines to Sweden (3600 MW), Finland (120 MW), Russia (50 MW), Denmark (1000 MW sea cable) and a planned 650 MW cable to the Netherlands.
[edit] History
Statnett's operations were originally part of Norges vassdrags- og energiverk (NVE). In 1986 NVE was split in an operation company, Statskraftverkene and a directorate, Norges vassdrags- og energidirektorat. Statskraftverkene was split into Statnett (power grid) and Statkraft (production) in 1992.
[edit] See also
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