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Accelerating the pace to meet the power demand

Statnett is increasing investments in the power grid and in digitalization. In the first half of 2024, around 50 new power grid projects have been initiated, and 210 larger and smaller projects are …
Statnett SF – Annual and Sustainability Report 2023

Statnett is facilitating the green transition and is well underway building the grid we plan to have in place 20 years from now. Statnett's total investments were above NOK six billion in 2023 and …
Statnett SF - Results first half-year of 2023

The Statnett Group's underlying profit after tax amounted to NOK 970 million in the first half of 2023, almost double compared to the first half of 2022. At the same time, reduced congestion revenu …
Major investments to ensure the green change of pace

In the years up to 2030, Statnett will invest NOK 60–100 billion to reinforce the central power grid. These investments will contribute to the green change of pace through significant electrificati …
High congestion revenues and reduced underlying result

Statnett's underlying result after tax for the first half of 2022 was NOK 596 million, down from NOK 862 million for the same period last year. Record-high congestion revenues of NOK 8,9 billion co …
Statnett reduces the grid tariff

From 1 September this year and until 2023, Statnett will set the energy component of the grid tariff to zero. The fixed component for consumption was set to zero from 1 April this year, and will re …
Congestion revenues

Congestion revenues arise when power is transferred between areas with different electricity prices. Revenues that accrue to Statnett are passed on to our customers through a reduction in grid tari …
Statnett’s underlying result reduced by high electricity prices

Figures from Statnett’s annual report show that while large differentials in price contributed to a high accounting profit in 2021, higher costs resulting from high price levels reduced the underly …
Record High Revenues from the Interconnectors Will Reduce the Grid Tariff

So far this year, Statnett's congestion revenues from the interconnectors to other countries are NOK 2.9 billion. This is a new record for such revenues, and they will be passed on to Norwegian con …
Statnett’s tariffs for 2022 kept at low level by trading revenues

The transmission grid tariff for 2022 has been set. The rate for consumption is lower than in 2020, following the end of the extraordinary reduction for 2021. High trading revenues from interconnec …
Solid Half Year Result for Statnett

Statnett's interim report for the first half of 2021 shows operations has been satisfactory despite the corona pandemic, with stable domestic system and grid operations. During the period record hi …
Annual report 2020

Statnett achieved record breaking operating revenues in 2020, mainly as a result of higher than usual congestion revenues from international trade. Despite the Covid-19 pandemic, the Group maintain …
Strong half year results from Statnett

Statnett's interim report for the first half of 2020 shows that operations have been stable throughout the Covid-19 pandemic. National system and grid operations have been performing well and the e …
Successful inaugural green bonds from Statnett

Statnett has received settlement for its first two green bonds, totaling NOK 3.6 billion. There is significant investor interest for green financing, and the bonds achieved very good terms. Green b …
Statnett plans for reduced grid tariffs for 2021

Statnett plans for a 20-25% reduction of the transmission grid tariffs for 2021 compared with 2020. The reduction is based on the challenging economic situation many face as a result of the corona …
Annual Report 2019

Statnett’s annual financial statements for 2019 have been approved and published, and represents a record result. Higher revenues combined with a moderate increase in costs strengthened financial k …

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