Statnett

Infobox Company
company_name = Statnett SF
company_
company_type = State owned
foundation = 1992
location = Oslo, Norway
key_people = Odd Håkon Hoelsæter (CEO)
area_served = Norway
industry = Electricity
products = Power grid
revenue = profit NOK 5,244 million (2005)
operating_income = NOK 466 million (2005)
net_income = NOK 174 million (2005)
num_employees = 599 (2006)
parent = Government of Norway
subsid =
homepage = [http://www.statnett.no www.statnett.no ]
footnotes =

Statnett is a Norwegian state owned enterprise responsible for owning, operating and constructing the stem power grid in Norway. The company has its headquarters in Oslo, Norway.

Statnett also owns 50% of the Nordic power exchange Nord Pool along with Svenska Kraftnät.

Network

The power grid in Norway is divided into three sectors: the stem net, the regional net and the local net. While it is often local, municipalities who own the regional and local net, the government through Statnett owns 85% of the stem net. The stem net typically has 300 to 420 kilovolts (kV) and is used to transport electricity large distances.

There are a number of international power cables from Norway to abroad, including lines to Sweden (3600 MW), Finland (120 MW), Russia (50 MW), Denmark (1000 MW sea cable) and a 650 MW cable to the Netherlands, the NordNed-cable, opened in 2008.

History

Statnett's operations were originally part of Norges vassdrags- og energiverk (NVE). In 1986 NVE was split in an operation company, Statskraftverkene and a directorate, Norges vassdrags- og energidirektorat. Statskraftverkene was split into Statnett (power grid) and Statkraft (production) in 1992.

ee also

*European Transmission System Operators