Statkraft and Boliden extend power contract

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Statkraft, Europe’s largest producer of renewable energy and Swedish metals company Boliden has signed a new, extended power contract securing competitive power to the company’s smelter in Odda, Norway. The contract includes deliveries of 1.6 TWh/year with a duration of 15 years from the upgraded smelter starts operations in 2024.

Boliden is investing heavily in Norway and recently made an investment decision to increase the smelting capacity in Odda from the current 200,000 to 350,000 tonnes per year. The expansion and upgrade of the plant constitutes one of the largest onshore investments in Norway in many years and increases the annual power demand by 700 GWh. “The power agreement forms the basis for producing the world's most climate-efficient zinc in... ... More: Official Press Release Statkraft

Keywords:

Statkraft, PPA, renewable energy, Boliden, Norway, onshore, investment, metals, Sweden, GWh, climate protection, smelter