Statnett

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Statnett SF
Type	State owned
Founded	1992
Headquarters	Oslo, Norway
Key people	Odd Håkon Hoelsæter (CEO)
Area served	Norway
Industry	Electricity
Products	Power grid
Revenue	NOK 5,244 million (2005)
Operating income	NOK 466 million (2005)
Net income	NOK 174 million (2005)
Employees	599 (2006)
Parent	Government of Norway
Website	www.statnett.no

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

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

[edit] 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 planned 650 MW cable to the Netherlands.

[edit] 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.

[edit] See also

• European Transmission System Operators