Energy
The Energy business area includes the hydropower production and activities within solar energy.
Key facts - hydroelectric power
- Hydro is the second-largest producer of hydropower in Norway
- Hydro's power production is primarily used to supply electricity to the company's aluminium plants
- Hydro operates 17 hydroelectric facilities, accounting for about 8 percent of Norway’s combined total power generation
Key facts - solar energy
- Hydro's solar energy sector leverages the company's long experience in materials technology and renewable energy with investments in solar energy solutions in partnership with other companies in Europe and the US
Key figures, 2007
- Hydroelectric power production: 11 TWh
- Operating revenues: NOK 6,468 million
- Underlying EBIT: NOK 1,184 million
- 230 employees, mainly in Norway
For further financial information, see Hydro's Annual reporting 2007