Close Menu
  • Home
  • News
    • Solar
    • Wind Energy
    • Bioenergy
    • Geothermal
    • Grid
    • Hydrogen
    • Hydropower
    • Ocean Energy
    • Politics
  • Climate
  • Energy Storage
  • Finance
  • Opinions
  • Peoples
  • Smart Energy
  • Transportation
  • Study
  • —
  • Account
  • Log In|Log Out
Facebook X (Twitter) Instagram
  • About Us
  • Advertising
  • Privacy Policy
  • Contact
Facebook X (Twitter) LinkedIn WhatsApp
Account Tuesday, November 11
Energymagz
SUBSCRIBE Login
  • Home
  • News
    • Solar
    • Wind Energy
    • Hydropower
    • Hydrogen
    • Geothermal
    • Bioenergy
    • Ocean Energy
  • Region
    • Europe
    • North America
    • Asia
    • Africa
    • Middle East
    • Australia & Oceania
    • Latin America
  • Politics
  • Finance
  • Energy Storage
  • Grid
  • Climate
  • Peoples
  • Study
Energymagz
  • Wind Energy
  • Solar
  • Bioenergy
  • Geothermal
  • Hydropower
  • Ocean Energy
  • Hydrogen
  • Transportation
  • Smart Energy
Home » News » Hydropower » Statkraft Seeks Licence for NOK 4 Billion Upgrade of Nore Hydropower Plants
Hydropower

Statkraft Seeks Licence for NOK 4 Billion Upgrade of Nore Hydropower Plants

By James AndersonMay 2, 20252 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Credit:Statkraft
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Norwegian energy company Statkraft has submitted a licence application to upgrade its historic Nore hydropower facilities, aiming to boost capacity and improve flexibility in electricity production as part of a broader investment in renewable infrastructure.

The planned investment totals NOK 4 billion (€340 million) and involves modernising the Nore 1 and Nore 2 hydropower plants located on the Numedalslågen river. Statkraft said the upgrade will allow for more responsive power generation and help stabilise electricity prices as variable renewable sources like wind and solar become more prominent.

“In the coming years, Statkraft will build the next-generation hydropower system, and we will start five major upgrades by 2030,” said President and CEO Birgitte Ringstad Vartdal. “The licence application for upgrading and expanding the Nore plants is an important step in that direction.”

Built in 1928 and 1946 respectively, Nore 1 and Nore 2 have played a central role in Norway’s power supply. At the time of its construction, Nore 1 produced one-fifth of the country’s total electricity and was key to Oslo’s early industrialisation, according to Statkraft.

“When the first Nore plant was built, it was the largest in the country… now, 100 years later, we will ensure that it supplies the Norwegian society with electricity for another 100 years,” Vartdal said.

Statkraft is evaluating two upgrade options. Its preferred solution would consolidate both facilities into a single, underground power station, nearly doubling installed capacity from 274 megawatts (MW) to 500 MW and increasing annual electricity production by around 200 gigawatt-hours (GWh), bringing total output to about 1,700 GWh.

An alternative plan would involve relocating the two existing plants into the mountain without consolidation. This option would raise capacity by 65 MW and add around 150 GWh to annual production.

“In the power system of the future, there will be a great need to regulate production to deliver more electricity in a short amount of time,” said project manager Hanne Kristin Ommedal. “More capacity can help reduce price peaks, as more and more unregulated renewable power enters the power mix.”

The application will be reviewed by the Norwegian Water Resources and Energy Directorate (NVE), with a public consultation process to follow. The final decision on licensing will be made by the Ministry of Energy.

Follow on Flipboard Follow on X (Twitter) Follow on LinkedIn
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleKF Wind Selects Yooshin for Onshore Engineering of Ulsan Offshore Wind Project
Next Article Senvion India Secures Repeat Order from KP Energy for 84MW Wind Project in Gujarat

Related Posts

Acciona Energia Sells 175-MW Hydropower Portfolio in Spain to Elawan Energy

November 15, 2024 Hydropower

Uganda Commissions $1.7 Billion Karuma Hydropower Plant to Boost Electricity Capacity

September 27, 2024 Hydropower

Algonquin Power & Utilities to Sell Renewable Energy Unit to LS Power for Up to $2.5 Billion

August 12, 2024 Hydropower

Eletrobras Harnesses Hydroelectric Power for Green Hydrogen and E-Fuels Production

November 15, 2023 Hydrogen

Bali Statement Emphasizes Sustainable Hydropower as a Crucial Element for Low Carbon Economies

November 6, 2023 Hydropower

Downing Acquires 6 GWh Norwegian Hydro Plant in £3 Million Sustainable Investment Deal

January 15, 2023 Hydropower
Add A Comment
Leave A Reply Cancel Reply

Latest Post

CWHI Reaches Midway in Fabrication of Inch Cape Offshore Wind Transition Pieces

November 10, 2025

RWE Installs UK’s First Recyclable Blades at Sofia Offshore Wind Farm

November 10, 2025

Germany’s Offshore Wind Industry Calls for Auction Reform to Boost Investment

November 10, 2025

ScottishPower Renewables Takes Full Ownership of MarramWind Floating Offshore Project

November 10, 2025

Cadeler Secures €500 Million Offshore Wind Installation Contracts

November 10, 2025
Facebook X (Twitter) LinkedIn WhatsApp

News

  • Wind Energy
  • Solar Energy
  • Hydropower
  • Hydrogen
  • Geothermal
  • Bioenergy
  • Ocean Energy

Region

  • Europe
  • North America
  • Asia
  • Africa
  • Middle East
  • Australia and Oceania
  • Latin America

Friends

  • EVMagz
  • Pivle
  • SpaceMagz
  • Teknowire
  • Smashresume
  • Smashfreakz

EnergyMagz

  • About Us
  • Advertising
  • Privacy Policy
  • Cookie Policy
  • Contact

Subscribe to Updates

Subscribe for the latest in renewable energy from Energymagz.

© 2025 EnergyMagz. Designed by EnergyMagz.

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?