Hydropower

In December 2023 Statkraft acquired the Red John Pumped Storage Hydro Project from ILI. This is a consented project at Loch Ness, Scotland and has been renamed Loch na Cathrach. For more information, visit the project website.

Hydropower is an environment-friendly and renewable energy source. In Norway, 90% of all power generation is hydropower. Worldwide, hydropower contributes around one sixth of the total electricity supply. The advantages of hydro are many – it is renewable, it is clean, it is reliable, it is flexible and can serve many generations with low-cost electricity from a local resource.

Hydropower produces no air pollutants, and shows the best Green House Gases (GHG) emission performances of all power generation technologies. This is an extremely important factor, since the stabilisation of GHG emissions is one of the greatest environmental challenges facing the world today.

Besides its positive contributions to combat resource depletion and global warming, hydropower affects river systems. While river regulation helps to protect people and the environment from droughts and floods, the modification of a river’s flow pattern also affects fish and biodiversity.

Statkraft’s aim is to maintain healthy river systems. Hence Statkraft has developed considerable expertise in taking care of environmental issues and implementation of mitigation measures. Examples of such measures include ecologically determined water flow, the construction of fish ladders, restocking and biotope protection.