Statkraft takes lead in tidal power Norway's Statkraft has invested approximately NOK 45 million in Atlantis Resources, one of the world's leading developers of tidal power.
Statkraft saays the agreement with Atlantis secures the company access to cutting-edge expertise and a presence on the board, as well as exclusive negotiating rights regarding participation in material projects initiated by Atlantis to develop tidal energy in the United Kingdom and Canada. Statkraft and Atlantis will also collaborate on licence applications for Scotland's Pentland Firth, with licences to develop up to 700 MW of marine energy due to be allocated during 2009. "The tidal power sector in Europe is poised for immense growth over the next decade and with Atlantis we will be well placed to secure a pole position in this market," says Nicolai Gedde, Vice President Marine Energy at Statkraft. "Our investment in Atlantis supports our marine energy strategy, which calls for investment in developing tidal power technology as well as areas suitable for the construction of tidal power facilities. The relatively small scale of these facilities and their closeness to land mean that tidal power is well on its way to competing on cost with other new sources of renewable energy. Since the number of good sites is limited, it is crucial that we make our move now," says Bjoern Holsen, Statkraft's Vice President Growth. Statkraft has been investing in tidal power for several years through its holding in Harstad-based technology company Hydra Tidal Technology. In December 2008, Statkraft and its Northern Ireland-based partners B9 Energy and Deepblue Renewables founded the consortium Thetis Energy Ltd to develop tidal power off the coast of Northern Ireland. Tidal power is also an important element of the Ocean Energy Programme, a long-term R&D programme initiated and partly funded by Statkraft in collaboration with leading Nordic universities. Statkraft is Europe's largest renewable energy company. The Group develops and generates hydropower, wind power, gas power and district heating, and is a major player on the European power exchanges. Statkraft also develops marine energy, osmotic power, solar power, and other innovative energy solutions. (HUGIN) Rolleiv Solholm
Wednesday, 01 April 2009 10:19
Related ArticlesNew Chinese ambassador to NorwayChina's new ambassador to Norway, Zhao Jun, has arrived in Oslo. He was received in audience by King Harald at the Royal Palace on Tuesday. ..Read more... Hydro considers closing Australian plant
Statoil awards major drilling contracts
The Bergen International Festival opensKing Harald and Queen Sonja will be in Bergen on Wednesday to open the 60th Bergen International Festival. ..Read more... 50 percent of high school drop-outs end up on welfare
Several victims at Utøya attempted to play dead to survive
Potential strike in the public sector from Thursday
Prime Minister attends NATO Summit
The Norwegian Church sells Statoil shares in protest
Sudan releases Norwegian de-mining expertSudan has released Norwegian de-miniing expert John Sörbö who was detained by Sudanese forces three weeks ago. ..Read more... Explosion close to UN convoy in SyriaIn the Syrian capital of Damascus, there was an explosion on Sunday, close to a convoy carrying the head of the UN mission in Syria, Norwegian Major General Robert Mood. ..Read more... Now we are 5 million 3 thousand Norwegians!
New laws may give the Norwegian Church a stronger profileAs of Tuesday next week, the Norwegian Lutheran State Church will be terminated, and the church will form a new and different profile - separated from the government. ..Read more... More teenagers are confirmed in the Norwegian ChurchMore teenagers chose to be confirmed in the Norwegian Lutheran Church in 2011 than in previous years. The Church had 42, 381 candidates for Confirmation - a large increase from previous years. ..Read more... Foreign Minister attends Chicago Summit
|
You may also be interested in...
Local News in Brief
Visit HolmenkollenPREV
NEXT
http://www.norwaypost.no/components/com_gk3_photoslide/thumbs_big/651488scaffold4.jpg
lower scaffoldinggoogle1e8b852d2a7a0128.html 404: Not Found google1e8b852d2a7a0128.html Sorry, but the content you requested could not be found. Please use the top menu to access your desired content page. Thank you. See details Most Popular
Social Networking
WHAT's YOUR OPINIONNorwaypost Classifieds
|
.Partners
|
After curtailing one of three pot lines at its Australian Kurri Kurri aluminium plant in January, Norsk Hydro ASA is initiating consultation with the plant's workforce with a view to curtailing the remaining operations.
..
Statoil has awarded contracts for drilling services on as many as 18 fixed installations on the Norwegian continental shelf (NCS). The contracts are worth a total of NOK 30 billion, including options, the biggest contract award by Statoil on the NCS since 2010.
..
A recent study reveals that five percent of Norwegian students who drop out of high school end up on welfare administered by the Norwegian Labour and Welfare Administration (NAV).
..
A group of ten young victims who were found dead on the so-called "Love Path" at Utøya tried to pretend that they were dead, explained Marte Fevang Smith (18) in court.
..
A total of 20,000 municipal employees may go on strike as of Thursday morning if the parties don't reach an agreement.
..
Speaking at the NATO Summit in Chicago, Norwegian Prime Minister Jens Stoltenberg said NATO still is the most successful alliance in history, but added that these are challenging times for NATO.
..
The Norwegian Church has decided to sell its Statoil shares in protest against the greenhouse gas emissions associated with the company's oil sand projects in Canada.
..
Norway's population reached 5 003 000 on 1 April 2012, and increased by 17 100 in the first quarter. This is the greatest population growth ever registered in any first quarter, Statistics Norway reports.
..
The Chicago summit should send a strong signal of NATO’s resolve to engage with Russia on nuclear issues, says Norwegian Foreign Minister Jonas Gahr Støre.
..
