Hydro signs long-term power contract for Karmøy pilot

Norwegian aluminium company Norsk Hydro ASA’s fully owned subsidiary Hydro Energi AS has signed a long-term power contract with Eidsiva Vannkraft AS, a Norwegian hydro power producer, for annual supply of 300 GWh annually over 10 years from January 1, 2021, and a total delivery of 3.0 TWh.

June 4, 2015
Image of Eidsiva Vannkraft AS power plant

Hydro has already signed power contracts for the Karmøy pilot with Axpo Trading AG for 250 GWh annually, in the period 2021-2030, and with Lyse Produksjon AS for 330 GWh annually, for the period 2031-2040.

Updated: October 11, 2016