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HSE INSPECTION Lifting safety POWERTALK Let the People& POWER market rule! NO. 4 2014 | PROVIDING PURE ENERGY FEATURE | ETHICS Stricter requirements for Great openness and forces transparency A glacier front collapsed, and two billion litres of water disappeared. Vidar Riber recently saw the consequences of climate change up close. 1 STATKRAFT NO 4 2014 PEOPLE&POWER Content A MAGAZINE FOR STATKRAFT EMPLOYEES NO. 4 | 2014 For companies like Statkraft, The new green economy 6 the green shift looks promising. THE VANISHING LAKE On Friday afternoon, Lake We can create new value Nedre Demmevatn was ever has the power market been heavily in wind power. The private where it had always been. 28 more uncertain, says the chief of investor Jens Ulltveit-Moe acknowledges through clean energy. Monday morning the lake THE STATKRAFT SCHOOL Nord Pool Spot Mikael Lundin. that he has lost billions in green was gone. Climate change Stage-Gate is Statkraft’s He also gives a clear message to investments but continues to have strong means new challenges. decision-making and Nlet the market work by itself and believes faith in the sector and believes that solar project execution tool. that the EU has failed with its climate power will be the big winner. Elisabeth Here is a step-by-step policy. However, as we know, the energy Grieg from Grieg Group is convinced introduction. markets are all about high-level politics. that the maritime industry must also 10 It is an arena for the struggle between change course. She sees this a social LIFE-SAVING ROUTINES national and international solutions, responsibility, and believes that wealthy HSE inspections are between old and new economic models Norway should take advantage of the necessary, as proven by 31 President and CEO Christian GOOD NEIGHBOURS The and between climate friendly and fossil great opportunities it has to invest more Rynning-Tønnesen’s recent number of offshore wind in renewable energy. fuel energy sources. One of the most visit to Albania. farms is increasing. How exciting industry sources at present is the The markets are unpredictable do they impact life on the report Better Growth, Better Climate from the and turbulent. The Nord Pool boss has bottom of the sea? independent commission, New Climate certainly got that right. Not only are Economy. Dimitri Zenghelis empha- power prices low, but oil prices are also 13 sizes that it is possible to achieve both plummeting. The consequences are not SPECIAL FEATURE: economic growth and combat climate immediately obvious. Sufficiently low ETHICS A high ethical 34 change. However, at Statkraft’s Climate oil prices could also stimulate increased standard must permeate PEOPLE ON THE MOVE Roundtable at Vang Gård recently, he sales of less climate friendly energy the entire company. This Germany’s energy industry also stressed that time is not on our side. sources. Even though The U.S. and China is why new routines have is facing major changes. been prepared to clarify Claudia Gellert has an All of the necessary measures need to entered a historic agreement in Novem- roles and responsibilities. important job in showing have been taken within the next 15 years. ber to address climate change, results are In Peru, they have put the the authorities Statkraft’s For companies like Statkraft, the green a long way off. systems to the test. expertise. shift looks promising. We can create new Still, there are signs of optimism. value through clean energy. Business is poised to take a lead role, and During our climate meeting at Vang average citizens are realizing that climate Gård our CEO, Christian Rynning- change is a reality. We are now witness- 22 36 Tønnesen, was joined by a number of ing strong forces such as the ones that ALONE IN THE ANDES POWERTALK The CEO of other leading business figures. Siemens' Power Group chief Vidar Riber tells us Join us in a picturesque Nord Pool Spot, Mikael Lundin, has one message CEO of Wind Power and Renewables, about elsewhere in this issue of People journey to the Gallito Ciego power plant in the Peruvian – let the market do its Markus Tacke, says that the driving force & Power. In late summer the Norwegian Andes. Operations manager thing! In a matter of behind investments in renewable energy lake, Nedre Demmevatn, was full. Three Fernando Rodriguez looks years, the Nordic power is no longer politically motivated, but days later, all two billion litres of water after the control room, while exchange has become is now economic. Siemens is investing had disappeared. condors soar high above. the European leader. Editor-in-chief: Bente E. Engesland Editor: Tone Dahle [email protected] / Lars Magnus Günther Editorial staff: Tone Dahle, Anders Berg-Hansen, Lars Magnus Günther, Gunilla Lundén, Judith Tranninger, Ursula John, Torbjørn Steen, Ellen Stai, Jenny Bull Tuhus, Inge Kvivik, Morten Ryen Layout and production: Fete typer Cover photo: Tommy Andresen Photo page 2: Shutterstock Printing: RK Grafisk AS Circulation: 5000 BENTE E. ENGESLAND We appreciate your input and feedback: [email protected] SENIOR VICE PRESIDENT, CORPORATE COMMUNICATION 2 STATKRAFT NO 4 2014 NO 4 2014 PEOPLE & POWER 3 CURRENT AFFAIRS POWER POWER Statkraft has applied to the Norwegian Water and Energy PURE ENERGY In November, the U.S. and NEW AGREEMENT FOR SMALL-SCALE POWER PRODUCTION Resources Directorate (NVE) for a construction license for the China signed a climate agreement that calls for SMÅKRAFT AS will deliver a production-ready power plant at Haukeli- new Nore 1 power plant in the Nore and Uvdal municipality. The massive investments in fjell in Odda municipality for Hydro Energi AS. The construction of the renewable energy. The Midtlægre small-scale power plant will commence in May 2015, and new power plant will have an increased production of about 80 agreement is regarded the plant will be ready for operation in September 2016. The plant will 1280 GWh, in part due to a slight increase in the elevation difference as an important step produce 13.8 Gwh, enough to supply 700 households. “We regard this towards a global climate project as a confirmation of our success in specialising in small-scale for the power plant and improved efficiency of modern turbines. agreement in 2015. hydropower,” says Rein Husebø, managing director of Småkraft AS. Morten Røsæg and Jan Helge Mårdalen Småkraft AS is owned by BKK, Agder Energi, Skagerak Energi, and of Hydro stand on each side of Småkraft The total new production is estimated at 1280 GWh/annually. Statkraft. AS’ Rein Husebø (centre). Field trip NEW KNOWLEDGE THE SWISS ALPINE CANTON OF VALAIS offers more than A total of 17 kilometres Sediment majestic vistas. The region is also home to the largest of tunnels have been pump-storage power plant under construction in research Europe, Nant de Drance. dug, and an equally underway The 900 MW power plant is co-owned by the Swiss awe-inspiring New global state railways, Schweizerische Bundesbahnen (SBB). In WHAT ROLE do sediments 2011, Statkraft entered into an agreement with SBB for 150- metre long and 50 play for Statkraft’s power plants standard 150 MW of the capacity at the power plant for 15 years. around the world? The research Earlier this autumn, a delegation from Statkraft visited metre tall hall in in the project Future Sediment the construction site. Handling Strategy seeks to A NEW MANUAL for Operation and answer this question. The landscape at Lac d’Emosson, the lower reser- heart of the mountain. Maintenance (O&M) establishes a Sediment is coarse and fine voir, is postcard-worthy. The dimensions of the site are new global standard for how Power loose mass that travels along Generation (PG) operates in order to also impressive. A total of 17 kilometres of tunnels have creeks and rivers. All over the reach its objectives. been dug, and an equally awe-inspiring 150-metre long world, sediment presents a “The manual is a summary of our and 50 metre tall hall in in the heart of the mountain. challenge for hydropower plants, tools and best practice. It provides The Statkraft delegation, comprising Klaas Bauer- as it often fills up reservoirs and a template for how we work across mann, Atle Beisland, Bram Buis, Stefan-Jörg Göbel, reduces reservoir capacity. This technologies and geographies,” says Patrick Koch, and Claus Urbanke, received extensive is a significant issue in coun- executive vice president of Power insight into how the power plant will be when com- tries such as Peru, India, and Generation, Hilde Bakken. Albania where looser rock types pleted in 2017. At full capacity, in 2018, the Nant de The manual is based on four are more widespread. Sediment principles for PG operations: Safe Drance plant will generate about 2.5 Twh of electric- that does not sink travels with and prepared, optimised profitability, ity. It is expected that the plant will have a significant the water through the power employees with responsibilities, and impact on the Swiss energy market. plants, causing wear and tear continuous learning. Statkraft’s visit also marked the start of a new phase on turbines and waterways. The latter implies always striving in our partnership with SBB. As the operations phase The research project is a to improve. When we strive to keep draws ever closer, work is underway to draw up the collaboration between Power – and maintain – a world-class level, operational guidelines for the daily power dispatches. Generation and International the current situation is never good Hydro, supported by Innova- The companies will also explore possibilities for devel- enough. This is why PG, as a funda- tion’s Hydropower programme. oping more bespoke power trade agreements tied into mental principle, will always assess The project aims to spread and improve products, services and the 15-year agreement.

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