Skip to content

Hydro Energy operations

In the business area Energy, we are around 200 employees, based in Norway, Germany and Brazil. Our Power Operations unit is responsible for our physical operations.

Operator in protective gear inspecting instruments

Our Power Operations unit, is responsible for our physical operations, including our 10 TWh captive hydropower portfolio in Norway, and the 0.7 TWh wind farm operations at Tonstad, Norway.  

Our Energy Markets unit is a significant market player in the Nordics and Brazil, optimizing our power portfolios in the markets every day. We do extensive market analysis, financial trading and hedging operations, and support other business areas in sourcing and handling of power and gas contracts. 

Our total market portfolio for power is currently around 18 TWh per year in Norway, including 15 long-term power contracts. 18 TWh equals the annual consumption of 900,000 Norwegian households per year.