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Industry Development: New green industry

The Statkraft division Industry Development presents greenfield sites for large establishments in need of a greener footprint.

Green industry investors benefit from Industry Development's rich heritage, long term stability and unparalleled expertise as the renewables powerhouse of Europe.

Industry Development, a division within Statkraft reduces investor risk aiming at green industry sites and projects. Industry Development is a part of Statkraft - Europe’s largest generator of renewable energy, and a longtime facilitator for the power intensive industry. We will facilitate for new industry development by maintaining and developing the site portfolio through cycles with long lead times. ​Collaborations across the energy system, internally in Statkraft and with key external stakeholders, are key to succeed with industrial electrification. Our competence within site- and grid development is key to succeed with industrial development activities, e.g., hydrogen, wind & solar farms, district heating, battery production.

Norway has the lowest wholesale electricity price and energy tax rates in Europe. Our reliable, high voltage grid eliminates the need for back-up generators, reducing operating costs significantly. Furthermore, approximately 97% of Norway’s electrical production is renewable, reducing the global emissions footprint for investors.

Industry Development projects all major infrastructures, i.e. access to redundant high voltage power grid, redundant dark fibre access, roads, water and sewage. Investors also benefit from one the safest and most stable societies in Europe, with very limited economic and political risk. 

We have cooperated closely with the power intensive industry for more than 125 years. Our facilitator role is a natural continuation of our role as Europe’s largest renewable provider. Investors will benefit from our rich heritage, long term stability and unparalleled expertise as the renewables powerhouse of Europe. In addition, Statkraft offers all kinds of short- or long-term power contracts, PPAs and market access services, in what is considered to be the most well-functioning power market in the world.

Our sites

Facilitating green industry sites

Optimised projects from Europe's largest renewable energy producer. Industry Development is a facilitator of green industry sites in Norway. We do not invest in infrastructure, buildings or servers, but by facilitating shovel-ready projects, we reduce investors' financial, development and operational risk significantly. And at the same time, we also reduce time to market.

Energy solutions and connectivity

Industry Development has a strong and long-lasting relationship with the power-intensive industry in Norway. As the main supplier to many of the largest energy consumers in Norway, we currently deliver approximately 20 TWh of power annually under long term contracts.

Read more about energy solutions

Hydropower turbine

Who we are

The Industry Development team works to identify and develop greenfield sites for establishment of power intensive industries in Norway.

Feel free to contact a member for more information.

More information

News about Industry Development

Read our latest news.

News and related content

Greenfield sites