Norsk Hydro: Hydro’s part-owned aluminium plant Alouette agrees on terms for supply of electricity

Insights Contact us

Aluminium

When you choose aluminium from Hydro, it's strong, light, durable and climate efficient, making you part of a smarter and more sustainable future. Our climate strategy is to cut our CO2 emissions 30% by 2030. Our aluminium can help you meet your goals, too.

Energy

Hydro has been at the forefront of the energy transition since 1905, transforming industries and societies with renewable energy. Today, we are pioneering the green aluminium transition through renewables and new energy solutions.

Sustainability

We want to contribute to creating a fair society and circular economy by producing responsibly, delivering circular solutions, making net-zero aluminium by 2050 or earlier, and producing and using more renewable energy.

Careers

At Hydro, we put our people at the center of everything we do. By supporting our employees’ growth professionally and personally, we are fostering a community of colleagues who are united in the shared purpose of solving our industries’ most pressing challenges.

Investors

With more than a century of industrial experience, we are enabling the green transition through innovation, technological advances, and a strong commercial mindset.

Media

Working on a story about aluminium? Press releases, photos, stories, facts and figures – you will find everything you need here.

About Hydro

Hydro is a leading aluminium and renewable energy company that builds businesses and partnerships for a more sustainable future. We have 33,000 employees in more than 140 locations and 40 countries.

The price of electricity will be linked to the market price of aluminium in the new contract, and the terms are fixed for the period from 2017 to 2029 and refer to a total of 8,5 TWh (965 MW) annually.

Aluminerie Alouette is located in Sept-Îles, Canada, and is the largest aluminium plant in North America, with an annual production capacity of 600 000 mt primary aluminium. Alouette is owned 20% by Hydro Aluminium AS.

Published: September 10, 2015

Recommended for you