Annual Report Statkraft AS

Total Page:16

File Type:pdf, Size:1020Kb

Annual Report Statkraft AS Annual Report Statkraft AS 2019 CONTENT 3 Introduction 3 Statkraft at a glance 6 The Board of Directors 7 The Corporate Management 8 Letter from the CEO 9 Report from the Board of Directors 12 Strategy – Powering a green future 16 Financial performance 20 Segments 25 Risk management 29 Sustainability 31 Sustainability management 33 Statkraft’s contribution 35 Social disclosures 41 Environmental disclosures 45 Economic disclosures 49 Corporate Governance 58 Statements 58 Group Financial Statements 58 Financial Statements 63 Notes 128 Statkraft AS Financial Statements 128 Financial Statements 132 Notes 149 Auditor’s Statement 154 Sustainability Statement 169 Auditor’s Statement 174 Declaration from the Board of Directors and CEO 175 Key figures and Alternative Performance Measures Statkraft is a leading renewable energy company with activities on three continents within hydro, wind and solar. Through our market activities and production assets we create value for our owner, our customers and the societies we operate in. Statkraft at a glance USA Statkraft has 4.000 employees Peru Brazil in 16 countries Chile Europe’s largest producer of renewable energy EBIT underlying Net profit Cash flow from operations 17.6 11.3 12.0 NOK BILLION NOK BILLION NOK BILLION ROACE Net interest-bearing debt Dividend paid in 2019 16.3 16.0 8.5 PER CENT NOK BILLION NOK BILLION Norway Sweden The Netherlands United Kingdom Ireland Germany France Spain Nepal Albania Turkey India Power generated in 2019 Share renewable energy Investments in 2019 61 93 7.4 TWH PER CENT NOK BILLION Standard & Poor's Fitch Ratings' long-term rating long-term rating A- BBB+ 59% Norway 27% Europe 14% Outside Europe 5 ANNUAL REPORT 2019 | STATKRAFT AS 6 The Board of Directors From the left: Vilde Eriksen Bjerknes, Mikael Lundin, Ingelise Arntsen, Asbjørn Sevlejordet, Thorhild Widvey, Peter Mellbye, Bengt Ekenstierna, Hilde Drønen and Thorbjørn Holøs Thorhild Widvey Peter Mellbye Hilde Drønen Born 1956, Norwegian Born 1949, Norwegian Born 1961, Norwegian Chair of the board, member since 2016. Vice Chair of the board, member since 2016. Board member, member since 2014. Chair of the Compensation Committee Member of the Compensation Committee Chair of the Audit Committee Current board positions: Chair: Antidoping Norway, Current board positions: Chair: Wellesley petroleum, Current board positions: Board member: DOF Subsea Concert Hall Stavanger, Bergen International Festival. Otovo, Westgass. Board member: TechnipFMC, Altus and various subsidiaries in the DOF ASA Group, Board member: Kværner. Intervention, Competentia, Halfwave, Resoptima. Beerenberg. Experience: Minister of Culture. Experience: Statoil: EVP. Norwegian Export Council, Experience: DOF ASA: CFO (present). Minister of Petroleum and Energy. Norwegian Ministry of Trade Bergen Yards AS (today Bergen Group ASA): CFO. The Ministry of Foreign Affairs: State Secretary. and Commerce: various positions. Møgster Group: various positions. The Minister of Fisheries: State Secretary. Mikael Lundin Bengt Ekenstierna Ingelise Arntsen Born 1966, Swedish Born 1953, Swedish Born 1966, Danish Board member, member since 2018. Board member, member since 2016. Board member, member since 2017. Member of the Audit Committee Current board positions: Chair: Wrams Gunnarstorp Member of the Audit Committee Experience: Administrative Director Polhem Infra Castle. Current board positions: Chair of the board: Asplan Viak. (present).Nord Pool: CEO. Vattenfall Power Consultant: Experience: Beken: Senior advisor (present). Several Board member: Export Credit Norway, Beerenberg. CEO. Vattenfall Poland: CFO. Vattenfall Europe CEO positions within E.ON Group. Sydkraft Bredband Experience: Aibel: EVP. Sway Turbine: CEO. Statkraft: Trading: CFO. Birka Kraft: Director. and Baltic Cable. Sydkraft Elnät: COO. EVP. Arthur Andersen Business Consulting/ Bearing Point: Director: Sogn og Fjordane Energiverk: CEO. Kværner Fjellstrand: CFO. Vilde Eriksen Bjerknes Thorbjørn Holøs Asbjørn Sevlejordet Born 1975, Norwegian Born 1957, Norwegian Born 1960, Norwegian Employee-elected board member, member since 2014. Employee-elected board member, member since 2002. Employee-elected board member, member since 2014. Employee in Statkraft since: 2001 Member of the Audit Committee Member of the Compensation Committee Current work position: Statkraft: Vendor Manager IT. Employee since: 1976, Skagerak Energi Employee in Statkraft since: 1978 Current board positions: Chair: EL og IT Forbundet Current work position: Statkraft: Head union Vestfold/Telemark. representative, Mechanical maintenance worker. Current work position: Skagerak Energi: Head union representative. ANNUAL REPORT 2019 | STATKRAFT AS 7 The Corporate Management From the left: Jon Vatnaland, Anne Harris, Steinar Bysveen, Christian Rynning-Tønnesen, Hallvard Granheim, Hilde Bakken and Jürgen Tzschoppe. Christian Rynning-Tønnesen Anne Harris Hallvard Granheim Born 1959, Norwegian Born 1960, Norwegian Born 1976, Norwegian Group management since 2010 Group management since 2019 Group management since 2014 Position: CEO Position: CFO Position: EVP Markets and IT With Statkraft in 1992-2005 and since 2010 Education: MSc Finance BI, Oslo. With Statkraft since 2012 Education: MSc NTH, Trondheim Former positions: Multiconsult AS: CFO. Entra Eiendom Education: MSc Finance NHH, Bergen Norwegian Army officer education AS: Acting CEO and CFO. Norsk Hydro: EVP HR and Former positions: Statkraft: EVP & CFO, Former positions: Norske Skog: CEO and CFO. Organization, SVP Corporate Financial Reporting and SVP Financial Reporting, Accounting and Tax. Statkraft: CFO and other executive positions. Performance. Deloitte: Director, Advisory & Auditor. McKinsey: Consultant. Current board positions: Board member IFE (Institutt Norske Skog: VP Energy Sourcing & Trading. Esso Norge: Refinery commercial coordinator. for energieteknikk) Current board positions: Board member: Klaveness, UMOE. Chair: VCOM. Advisory board member: Det Norske Veritas. Hilde Bakken Jon Vatnaland Jürgen Tzschoppe Born 1966, Norwegian Born 1975, Norwegian Born 1968, German Group management since 2010 Group management since 2017 Group management since 2015 Position: EVP Production Position: EVP Corporate Staff and Industrial Ownership Position: EVP International Power With Statkraft since 2000 With Statkraft since 2009 With Statkraft since 2002 Education: MSc NTH, Trondheim and TU Delft, Education: Cand. polit. sociology and Ph.D. innovation Education: Ph.D. Electrical engineering, RWTH Aachen Netherlands studies, UiO. Former positions: Statkraft: EVP Market Operations Former positions: Statkraft: EVP Corporate Staff Former positions: Statkraft: SVP Strategy in Wind and IT, SVP Continental Energy. MD Statkraft Markets and various positions within the Generation and Power and Technologies, MD Statkraft UK ltd, Senior GmbH and Knapsack Power GmbH & Co. KG. Market business. Norsk Hydro: various mgmt. and advisor Corporate Strategy. McKinsey: Engagement mgr. Enron: Power Trading Europe Associate. engineering positions Current board positions: Chair: Skagerak Energi. IAEW Aachen: Chief engineer. Current board positions: Board member: Yara Deputy chair: BKK. Board Member: Agder Energi, Energi International. Norge, Oslo Energy Forum. Steinar Bysveen Born 1958, Norwegian Group management since 2010 Position: EVP European Wind and Solar With Statkraft since 2010 Education: MSc NTH, Trondheim. Business studies BI. Former positions: Statkraft: EVP Wind, Technology and Strategy, EVP Production and Industrial Ownership, EVP Corporate Development. Energi Norge: CEO. Industrikraft Midt-Norge: MD. Current board positions: Chair: Fosen Vind DA. ANNUAL REPORT 2019 | STATKRAFT AS 8 Letter from the CEO 2019 was a solid year for Statkraft and the company continued to deliver on its strategy. High standards of health, safety, security and environment, We also acquired three wind power projects in Chile with a human rights and business ethics are integral parts of our planned installed capacity of 110 MW. business models and form the basis for interaction with all our business partners. A fatal accident occurred in India in In Norway, three of the wind farms in Fosen are now in full January 2020, while there were no serious injuries in 2019. production, while the remaining three will open in 2020, We will continue to strengthen and improve Statkraft’s safety completing the largest onshore wind project in Europe. culture and performance across the organisation. It is our ambition to be a leading provider of market solutions Statkraft reported a record-high underlying EBIT of NOK 17.6 for renewable energy to large customers in all our markets. We billion, equivalent to 16.3 per cent return on average capital entered into new industrial power supply agreements in employed. Net profit ended at a solid NOK 11.3 billion. The Norway and confirmed our leading position within the fast- proposed dividend for 2019 amounts to NOK 6.5 billion. Net growing European market for power purchase agreements by profit, taxes and salaries contributed with NOK 22 billion in signing several new long-term power contracts in 2019. total value creation from Statkraft to the Norwegian society in 2019. Statkraft also continued to develop new business opportunities including advanced biofuel, data centres and hydrogen. We Statkraft’s ambition is to be one of the world’s leading sold our first data centre site to Google, paving the way for renewable energy companies by 2025. The strategy is to hyperscale data centres
Recommended publications
  • Statkraft AS Corporate Responsibility Report 2017 CONTENT
    Statkraft AS Corporate Responsibility Report 2017 CONTENT 4 Statkraft around the world 5 Letter from the CEO 6 Statkraft’s contribution 7 Management of corporate responsibility 10 Material topics 11 Social disclosures Health, safety and security Human rights Labour practices 19 Environmental disclosures UN Sustainable Development Goals Biodiversity 23 Economic disclosures Water management Climate change Business ethics APPENDIX 32 About the Corporate Responsibility Report 33 Corporate responsibility statement Social disclosures Environmental disclosures Economic disclosures 45 GRI index 49 UN Global Compact index 50 Auditor’s statement Statkraft around the world TOTAL NUMBER OF POWER PLANTS/ STATKRAFT’S CAPACITY (PRO-RATA) SYMBOLS: FACILITIES (PRO-RATA) = Hydropower Power Power = Wind power generation 353 generation 19 080 MW = Gas power District District = Bio power heating 17 heating 789 MW = District heating =Trading and origination NORWAY 13 769 MW SWEDEN 1 977 MW THE NETHERLANDS UK 152 MW GERMANY 2 694 MW FRANCE TURKEY 122 MW USA San Francisco ALBANIA 72 MW NEPAL 34 MW BULGARIA SERBIA INDIA 136 MW PERU 442 MW BRAZIL 257 MW CHILE 213 MW Since the founding of the company in 1895, Statkraft has The Group’s 353 power plants have a total installed capacity of developed from a national company, focused on developing 19 080 MW (Statkraft’s share). Hydropower is still the dominant Norwegian hydro power resources, into an international company technology, followed by natural gas and wind power. Most of the diversifying also into other sources of renewable energy. Today, installed capacity is in Norway. Statkraft also owns shares in with a total consolidated power generation of 63 TWh in 2017, 17 district heating facilities in Norway and Sweden with a total Statkraft is the second largest power generator in the Nordics and installed capacity of 789 MW.
    [Show full text]
  • Innst. S. Nr. 71 (2004-2005) Innstilling Til Stortinget Fra Næringskomiteen
    Innst. S. nr. 71 (2004-2005) Innstilling til Stortinget fra næringskomiteen St.prp. nr. 16 (2004-2005) Innstilling frå næringskomiteen om endringar av Kap. 922 Norsk Romsenter løyvingar på statsbudsjettet 2004 under Nærings- Post 50 Tilskot og handelsdepartementet Det er lagt til grunn at den delen av løyvinga til Norsk Romsenter som gjeld tilskot til European Space Agency (ESA) skal justerast dersom valutakursen på Til Stortinget euro har endra seg i budsjettåret i høve til kursen som vart lagt til grunn for saldert budsjett. Samla gir dette SAMANDRAG grunnlag for å auke løyvinga med 4,7 mill. kroner, frå 274 mill. kroner til 278,7 mill. kroner. I denne proposisjonen legg Nærings- og handelsde- partementet fram endringsforslag på statsbudsjettet for Kap. 950 Forvalting av statleg eigarskap 2004 i samsvar med pkt. 2 nedanfor. (jf. kap. 3950 og 5656) Post 70 (ny) Tilskot til pensjonar for tidlegare Kap. 900 Nærings- og handelsdepartementet Raufoss-tilsette, kan overførast (jf. kap. 3900) Etter at dei to siste fabrikkane i Raufoss-konsernet, Post 70 Tilskot til internasjonale organisasjonar Fluid og Chassis, vart selt i mai og juni 2004 til høves- Løyvinga dekkjer tilskot for norsk deltaking i fleire vis Kongsberg Automotive og Neuman-konsernet, er internasjonale organisasjonar, mellom anna for ispatrul- det ikkje lenger aktivitetar att i Raufoss ASA. Selska- jeteneste i det nordlege Atlanterhavet utført av den ame- pet kom 1. juli 2004 under avvikling. rikanske kystvakta. Kostnadane ved ispatruljetenesta vert Samla underdekking av pensjonane i Raufoss-kon- i utgangspunktet dekt av USA som deretter krev refusjon sernet er rekna til 41,159 mill.
    [Show full text]
  • Challenges and Initiatives for the Nordic Seed Stage
    June 2009 Challenges and Initiatives for the Nordic Seed Stage Promoting a common Nordic seed capital market Owner of the initiative: Marcus Zackrisson, Nordic Innovation Centre Initiative coordinators: Erik Johansson & Carl-Peter Mattsson, Nordic Investment Solutions Nordic Seed Capital Forum: Stein Jodal, Innovation Norway, Norway Stine Kruse, Vækstfonden, Denmark Ari-Pekka Laitsaari, Veraventure, Finland Katarina Segerborg, Innovationsbron, Sweden Erik Johansson, Nordic Investment Solutions, Sweden Carl-Peter Mattsson, Nordic Investment Solutions, Sweden Further contributors: Danish Venture Capital & Private Equity Association Norwegian Venture Capital & Private Equity Association Swedish Private Equity & Venture Capital Association European Private Equity & Venture Capital Association Nordic Venture Network Challenges and Initiatives for the Nordic Seed Stage Promoting a common Nordic seed capital market June 4, 2009 Challenges and Initiatives for the Nordic Seed Stage 4 Challenges and Initiatives for the Nordic Seed Stage Content 1. Executive summary ......................................................................................... 6 2. Recommendations ........................................................................................... 8 2.1 General recommendations for Nordic policy makers............................... 8 2.2 Recommended Nordic initiatives............................................................. 8 3. Introduction & context .................................................................................
    [Show full text]
  • Birds of Brazil
    BIRDS OF BRAZIL - MP3 SOUND COLLECTION version 2.0 List of recordings 0001 1 Greater Rhea 1 Song 0:17 Rhea americana (20/7/2005, Chapada dos Guimaraes, Mato Grosso, Brazil, 15.20S,55.50W) © Peter Boesman 0006 1 Gray Tinamou 1 Song 0:43 Tinamus tao (15/8/2007 18:30h, Nirgua area, San Felipe, Venezuela, 10.15N,68.30W) © Peter Boesman 0006 2 Gray Tinamou 2 Song 0:24 Tinamus tao (2/1/2008 17:15h, Tarapoto tunnel road, San Martín, Peru, 06.25S,76.15W) © Peter Boesman 0006 3 Gray Tinamou 3 Whistle 0:09 Tinamus tao (15/8/2007 18:30h, Nirgua area, San Felipe, Venezuela, 10.15N,68.30W) © Peter Boesman 0007 1 Solitary Tinamou 1 Song () 0:05 Tinamus solitarius (11/8/2004 08:00h, Serra da Graciosa, Paraná, Brazil, 25.20S,48.55W) © Peter Boesman. 0009 1 Great Tinamou 1 Song 1:31 Tinamus major (3/1/2008 18:45h, Morro de Calzada, San Martín, Peru, 06.00S,77.05W) © Peter Boesman 0009 2 Great Tinamou 2 Song 0:31 Tinamus major (28/7/2009 18:00h, Pantiacolla Lodge, Madre de Dios, Peru, 12.39S,71.14W) © Peter Boesman 0009 3 Great Tinamou 3 Song 0:27 Tinamus major (26/7/2009 17:00h, Pantiacolla Lodge, Madre de Dios, Peru, 12.39S,71.14W) © Peter Boesman 0009 4 Great Tinamou 4 Song 0:46 Tinamus major (22nd July 2010 17h00, ACTS Explornapo, Loreto, Peru, 120 m. 3°10' S, 72°55' W). (Background: Thrush-like Antpitta, Elegant Woodcreeper). © Peter Boesman. 0009 5 Great Tinamou 5 Call 0:11 Tinamus major (17/7/2006 17:30h, Iracema falls, Presidente Figueiredo, Amazonas, Brazil, 02.00S,60.00W) © Peter Boesman.
    [Show full text]
  • An Update of Wallacels Zoogeographic Regions of the World
    REPORTS To examine the temporal profile of ChC produc- specification of a distinct, and probably the last, 3. G. A. Ascoli et al., Nat. Rev. Neurosci. 9, 557 (2008). tion and their correlation to laminar deployment, cohort in this lineage—the ChCs. 4. J. Szentágothai, M. A. Arbib, Neurosci. Res. Program Bull. 12, 305 (1974). we injected a single pulse of BrdU into pregnant A recent study demonstrated that progeni- CreER 5. P. Somogyi, Brain Res. 136, 345 (1977). Nkx2.1 ;Ai9 females at successive days be- tors below the ventral wall of the lateral ventricle 6. L. Sussel, O. Marin, S. Kimura, J. L. Rubenstein, tween E15 and P1 to label mitotic progenitors, (i.e., VGZ) of human infants give rise to a medial Development 126, 3359 (1999). each paired with a pulse of tamoxifen at E17 to migratory stream destined to the ventral mPFC 7. S. J. Butt et al., Neuron 59, 722 (2008). + 18 8. H. Taniguchi et al., Neuron 71, 995 (2011). label NKX2.1 cells (Fig. 3A). We first quanti- ( ). Despite species differences in the develop- 9. L. Madisen et al., Nat. Neurosci. 13, 133 (2010). fied the fraction of L2 ChCs (identified by mor- mental timing of corticogenesis, this study and 10. J. Szabadics et al., Science 311, 233 (2006). + phology) in mPFC that were also BrdU+. Although our findings raise the possibility that the NKX2.1 11. A. Woodruff, Q. Xu, S. A. Anderson, R. Yuste, Front. there was ChC production by E15, consistent progenitors in VGZ and their extended neurogenesis Neural Circuits 3, 15 (2009).
    [Show full text]
  • Statnett Annual Report 2014
    Annual report 2014 English Statnett Annual report 2014 Content The President and CEO comments on the 2014 annual report 4 Statnett’s strategy 6 This is Statnett 8 Statnett’s tasks 8 Organizational structure 9 Presentation of the Group management 10 Highlights 2014 12 The international interconnector between Norway and Germany is approaching realisation 12 Lofotringen sections now part of the main grid 12 Ørskog-Sogndal to be completed in steps 12 Skagerrak 4 and the Eastern Corridor strengthened transmission capacity to Denmark 12 Measures to improve information security 13 New Regulation and Market System (LARM) 13 Statnett’s former head office in Huseby has been sold 13 Ytre Oslofjord completed 13 Common price calculation in Northwest-Europe 13 Regional control centres in Sunndalsrøra and Alta merged 13 Financial framework conditions 14 Statnett’s revenues 14 Key figures 17 Corporate Social Responsibility 2014 18 Statnett’s corporate social responsibility reporting 18 Corporate social responsibility organisation 18 Statnett and society 19 Climate and the environment 24 Our employees 29 GRI 36 Corporate governance 41 Statement on corporate governance 41 Business 42 Equity and dividends 43 2 Statnett Annual report 2014 Equal treatment of owners and transactions with closely related parties 43 Freely negotiable 43 The Enterprise General Meeting 44 Election committee 44 Corporate Assembly and Board of Directors: composition and independence 44 The work of the Board of Directors 45 Risk management and internal control 46 Renumeration of the
    [Show full text]
  • Bane NOR Eiendom AS – Company Presentation Norway's Leading Hub Developer Important Information (1/2)
    Bane NOR Eiendom AS – Company Presentation Norway's leading hub developer Important information (1/2) This presentation and its appendices (collectively the "Presentation") has been produced by Bane NOR Eiendom AS (the "Company") with assistance from Danske Bank, Norwegian Branch and Skandinaviska Enskilda Banken AB (publ) (together the "Managers") in connection with the offering of bonds by the Company (the "Offering"). This Presentation is strictly confidential and may not be reproduced or redistributed, in whole or in part, to any other person. This Presentation has not been reviewed by or registered with any public authority or stock exchange and does not constitute a prospectus. To the best of the knowledge of the Company and its board of directors, the information contained in this Presentation is in all material respects in accordance with the facts as of the date hereof, and contains no omissions likely to affect its import. This Presentation contains information obtained from third parties. As far as the Company is aware and able to ascertain from the information published by that third party, such information has been accurately reproduced and no facts have been omitted that would render the reproduced information to be inaccurate or misleading. Only the Company and the Managers are entitled to provide information in respect of matters described in this Presentation. Information obtained from other sources is not relevant to the content of this Presentation and should not be relied upon. This Presentation does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction.
    [Show full text]
  • Bane NOR Eiendom AS – Company Presentation Norway's Leading Hub Developer Important Information (1/2)
    Bane NOR Eiendom AS – Company Presentation Norway's leading hub developer Important information (1/2) This presentation and its appendices (collectively the "Presentation") has been produced by Bane NOR Eiendom AS (the "Company") with assistance from Danske Bank, Norwegian Branch and and Nordea Bank AB (publ), filial i Norge (together the "Managers") in connection with the offering of bonds by the Company (the "Offering"). This Presentation is strictly confidential and may not be reproduced or redistributed, in whole or in part, to any other person. This Presentation has not been reviewed by or registered with any public authority or stock exchange and does not constitute a prospectus. To the best of the knowledge of the Company and its board of directors, the information contained in this Presentation is in all material respects in accordance with the facts as of the date hereof, and contains no omissions likely to affect its import. This Presentation contains information obtained from third parties. As far as the Company is aware and able to ascertain from the information published by that third party, such information has been accurately reproduced and no facts have been omitted that would render the reproduced information to be inaccurate or misleading. Only the Company and the Managers are entitled to provide information in respect of matters described in this Presentation. Information obtained from other sources is not relevant to the content of this Presentation and should not be relied upon. This Presentation does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction.
    [Show full text]
  • List of References for Avian Distributional Database
    List of references for avian distributional database Aastrup,P. and Boertmann,D. (2009.) Biologiske beskyttelsesområder i nationalparkområdet, Nord- og Østgrønland. Faglig rapport fra DMU. Aarhus Universitet. Danmarks Miljøundersøgelser. Pp. 1-92. Accordi,I.A. and Barcellos,A. (2006). Composição da avifauna em oito áreas úmidas da Bacia Hidrográfica do Lago Guaíba, Rio Grande do Sul. Revista Brasileira de Ornitologia. 14:(2): 101-115. Accordi,I.A. (2002). New records of the Sickle-winged Nightjar, Eleothreptus anomalus (Caprimulgidae), from a Rio Grande do Sul, Brazil wetland. Ararajuba. 10:(2): 227-230. Acosta,J.C. and Murúa,F. (2001). Inventario de la avifauna del parque natural Ischigualasto, San Juan, Argentina. Nótulas Faunísticas. 3: 1-4. Adams,M.P., Cooper,J.H., and Collar,N.J. (2003). Extinct and endangered ('E&E') birds: a proposed list for collection catalogues. Bulletin of the British Ornithologists' Club. 123A: 338-354. Agnolin,F.L. (2009). Sobre en complejo Aratinga mitrata (Psittaciformes: Psittacidae) en el noroeste Argentino. Comentarios sistemáticos. Nótulas Faunísticas - Segunda Serie. 31: 1-5. Ahlström,P. and Mild,K. (2003.) Pipits & wagtails of Europe, Asia and North America. Identification and systematics. Christopher Helm. London, UK. Pp. 1-496. Akinpelu,A.I. (1994). Breeding seasons of three estrildid species in Ife-Ife, Nigeria. Malimbus. 16:(2): 94-99. Akinpelu,A.I. (1994). Moult and weight cycles in two species of Lonchura in Ife-Ife, Nigeria. Malimbus . 16:(2): 88-93. Aleixo,A. (1997). Composition of mixed-species bird flocks and abundance of flocking species in a semideciduous forest of southeastern Brazil. Ararajuba. 5:(1): 11-18.
    [Show full text]
  • Renewable Energy Policy Making in the EU: What Has Been the Role of Norwegian Stakeholders?
    TECHNICAL REPORT SUBJECT/TASK (title) Renewable energy policy making in the EU: SINTEF Energy Research What has been the role of Norwegian stakeholders? Address: NO-7465 Trondheim, NORWAY Reception: Sem Sælands vei 11 CONTRIBUTOR(S) Telephone: +47 73 59 72 00 Telefax: +47 73 59 72 50 Audun Ruud and Jørgen K. Knudsen www.energy.sintef.no CLIENT(S) SINTEF Energy Research Enterprise No.: NO 939 350 675 MVA TR NO. DATE CLIENT’S REF. PROJECT NO. TR A6860 2009-09-21 Sverre Aam 12E08601 EL. FILE CODE REPORT TYPE RESPONSIBLE (NAME, SIGN.) CLASSIFICATION 090921GJA143436 William M Lafferty Open ISBN N0. RESEARCH DIRECTOR (NAME, SIGN) COPIES PAGES 978-82-594-3416-6 Petter Støa 10 42 DIVISION LOCATION LOCAL FAX Energy Systems Forskningsveien 3b +47 22 96 59 80 RESULT (summary) In December 2008 the EU finally agreed upon a Directive to promote an increased share of energy consumption from renewable sources (the RES Directive). The present report assesses Norwegian stakeholders’ mobilisation as to the formulation of the RES Directive. Although the European Economic Area (EEA) Agreement provides Norway with opportunities for influence during early phases of EU decision-making, this was not considered as feasible by the Ministry in charge. The controversial nature of both the future energy policies in balancing renewables versus petroleum interests, and Norway’s relationship with the EU, contributes to explain the lack of clear, public Norwegian position vis-à-vis the formulation of the RES-Directive. Despite the lack of a clear, public position, some of Norway’s major industrial companies have aimed to influence certain aspects of the EU RES Directive.
    [Show full text]
  • The State Ownership Report 2019
    The State Ownership Report 2019 Contents The Minister’s introduction 7 Category Goal of the highest possible Scope and key figures 8 return over time and where Key issues for the State as owner 16 the State no longer has a How the State exercises its ownership 22 A sustainable portfolio for 1 rationale for its ownership long-term value creation 34 Ambita AS 42 Baneservice AS 43 Entra ASA 44 Flytoget AS 45 Giek kredittforsikring AS 46 Mesta AS 47 Category Goal of the highest possible return over time and where the State has a special 2 rationale for its ownership Aker Kværner Holding AS 50 Argentum Fondsinvesteringer AS 51 DNB ASA 52 Eksportfinans Norway ASA 53 Electronic chart centre AS 54 Equinor ASA 55 Investinor AS 56 Kommunalbanken AS 57 Kongsberg Gruppen ASA 58 Mantena AS 59 Nammo AS 60 Norsk Hydro ASA 61 Nysnø Klimainvesteringer AS 62 Posten Norge AS 63 Statkraft SF 64 Telenor ASA 65 Vygruppen AS 66 Yara International ASA 67 Category Goal of the most efficient possible attainment of 3 public policy goals Andøya Space Center AS 70 Simula Research Laboratory AS 104 Avinor AS 71 Siva – Selskapet for Industrivekst SF 105 Bane Nor SF 72 Space Norway AS 106 Bjørnøen AS 73 Statnett SF 107 Carte Blanche AS 74 Statskog SF 108 Den Nationale Scene 75 Staur gård AS 109 Andøya Space Center AS 76 Store Norske Spitsbergen Kulkompani AS 110 Den Norske Opera & Ballett AS 76 Talent Norge AS 111 Avinor AS 77 Trøndelag Teater AS 112 Eksportkreditt Norge AS 77 Universitetssenteret på Svalbard AS 113 Enova 78 Vinmonopolet AS 114 Entur AS 79 Fiskeri- og
    [Show full text]
  • Phase 3 Report on Implementing the Oecd Anti
    PHASE 3 REPORT ON IMPLEMENTING THE OECD ANTI-BRIBERY CONVENTION IN NORWAY June 2011 This Phase 3 Report on Norway by the OECD Working Group on Bribery evaluates and makes recommendations on Norway’s implementation of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and the 2009 Recommendation of the Council for Further Combating Bribery of Foreign Public Officials in International Business Transactions. It was adopted by the Working Group on 23 June 2011. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. 2 TABLE OF CONTENTS EXECUTIVE SUMMARY ............................................................................................................................. 5 A. INTRODUCTION ................................................................................................................................ 6 1. The on-site visit .................................................................................................................................... 6 2. Outline of the report.............................................................................................................................. 6 3. Economic Background.......................................................................................................................... 7 4. Cases involving the bribery of foreign public
    [Show full text]