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eDitorial<br />
statkraft’sleading position<br />
Developments in the global energy markets<br />
in 2011 show that <strong>Statkraft</strong> has a very good<br />
starting point for delivering growth within pure<br />
energy.<br />
This spring, the UN Panel on Climate Change<br />
(IPCC) published its special report on renewable<br />
energy, which states that it will be possible to<br />
base 80 per cent of global energy consumption<br />
on renewable sources by 2050. The report stresses<br />
the unique position of hydropower as the<br />
cheapest and most efficient of all the renewable<br />
energy sources. Hydropower can also be stored<br />
and used to balance out non-flexible sources,<br />
and for irrigation in dry areas.<br />
Parts of the world are also changing their<br />
views on nuclear power as part of their energy<br />
supply. This is particularly true for Europe, where<br />
Germany has taken the lead with its decision<br />
to phase out all nuclear power by 2021. This<br />
means an increased need for renewable sources.<br />
In Norway, we have a specific goal to work<br />
towards, and that is to increase the renewable<br />
energy share of our total energy consumption<br />
2 StatKraft<br />
from 58 to 67.5 per cent by 2020.<br />
An importantframework condition forachieving<br />
this is thenew Swedish-Norwegiancertificates<br />
market,which should be in place in January.<br />
<strong>Statkraft</strong> has, through its owner, secured a<br />
significant capacity to fund new investments<br />
despite the unrest and uncertainty currently<br />
marring the financial and energy markets.<br />
<strong>Statkraft</strong> follows the business strategy plan we<br />
have prepared.<br />
Within the framework of the platform ”Deliver<br />
growth within pure energy,” we are looking for<br />
new opportunities to emerge in the wake of market<br />
developments.<br />
I am therefore confident<br />
that we, as Europe’s<br />
largest company within<br />
renewable energy, are in<br />
a leading position.<br />
christian rynning-<br />
tønnesen<br />
Presidentand CEO<br />
See more of the<br />
giant<br />
pages 14-19<br />
PHOTO dag spant<br />
ISSUe NO. 3, 2011<br />
Contents<br />
04 Back in business<br />
SN Power got the turbines going<br />
again inthe Philippines<br />
06 Windy Brits<br />
Maria McCaffery explains why<br />
07 Story of the spirit<br />
Three guys, one company, one book<br />
12 Local heating<br />
No longer icy towards district<br />
heating in Harstad<br />
14 600 000 litres per hour<br />
The Knapsack gas power plant requires<br />
alot of water –but few people<br />
20 Greek-Turkish milestone<br />
Turkey is connected tothe<br />
continental power system<br />
22 <strong>Statkraft</strong> on<br />
stranger tides<br />
Offshore wind power ahoy,<br />
but itisnot all smooth sailing<br />
30 Blame it on Rio<br />
The students with the coolest<br />
summer jobs<br />
32 Got Swahili?<br />
SN Power gets going in Africa<br />
34 Lilleaker’s very<br />
own powerhouse<br />
Meet Norway’s most energetic<br />
Head of Communications<br />
38 Great and small<br />
Lessons from minor incidents<br />
can prevent big ones.<br />
Editor in chief: Christer gilje<br />
christer.gilje@statkraft.com<br />
Editorial staff; Birger Baug, irene<br />
MacCallum, Lars Magnus günther,<br />
Kristian Løksa, Knut Fjerdingstad, Kathy<br />
Korte, Judith tranninger, gunilla Lundén<br />
Design and production:<br />
redink / www.redink.no<br />
Cover: geir asker, offshore worker Sheringham<br />
Shoal<br />
Cover photo: richard nunn<br />
Printed by: rK grafisk as<br />
Circulation: 5000<br />
Your tips and input are greatly<br />
appreciated. Send to: pp@statkraft.com<br />
PEoPlE & PowEr<br />
3
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