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Statkraft reduces offshore wind investments following strategic review

Statkraft refocuses investments on flexible Nordic hydropower and reduces commitments in offshore wind and hydrogen to lower operating costs, amid an uncertain economic environment and pressured profitability.

Statkraft reduces offshore wind investments following strategic review

CountriesRoyaume-Uni, Norvège, Pologne, Portugal, Suède
CompaniesStatkraft
SectorÉnergie Marine & Hydraulique, Énergie Éolienne, Stockage énergie, Hydroélectricité, Terrestre, Batteries
ThemeIndustrie & Exécution, Innovation & Transformation, Stratégie d'entreprise

Statkraft, Europe’s leading renewable energy producer, has reviewed its strategic priorities to focus its investments on fewer technologies and selected markets, amidst a context of rising general costs and less favourable electricity prices than expected. Under the leadership of Chief Executive Officer Birgitte Ringstad Vartdal, the company aims to strengthen its competitiveness by prioritising projects that ensure immediate profitability.

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Énergie Marine & Hydraulique