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Sunday, July 19, 2026

Tag: electricity consumption

Haffner Energy announces its estimated 2025–2026 annual results and confirms its strategic roadmap

Haffner Energy is accelerating the execution of its roadmap with CORE100, H6 and its international developments.

DEMIRE is expanding its ESG database to cover almost its entire portfolio and is continuing to drive forward decarbonization

DEMIRE is expanding its ESG database to cover almost its entire portfolio and is continuing to drive forward decarbonization

Emily Sanford Fisher Featured in Washington Independent to Examine Why Electricity Demand Is Rising Again

Emily Sanford Fisher discusses how data centers, electrification, and infrastructure expansion are driving renewed electricity demand growth across the United States.
Emily Sanford Fisher discusses how data centers, electrification, and infrastructure expansion are driving renewed electricity demand growth across the United States.

Statkraft to pump more water into Blåsjø reservoir

(Oslo, 14 June 2026) – Statkraft has decided to build the Blåfjell Pump, which will channel more water directly into Blåsjø, Norway’s largest hydropower reservoir. This will increase production in the Ulla-Førre power plants by 54 GWh. Four local and regional suppliers have been awarded contracts worth a total of NOK 250 million.

Thee four construction contracts have been awarded to contractors from Karmøy, Suldal, Voss and Grenland. Work on the pumping facility starts already this week.

Norway’s battery
Blåsjø is Norway’s largest “hydropower battery”, where water can be stored for several years to balance out weather-related variations between dry and wet years. The reservoir stretches across Ryfylke and Setesdal and is Norway’s largest reservoir in terms of stored energy.

In Hjelmeland municipality, just west of Blåsjø, there are three smaller lakes whose water currently flows down to Stølsdal power plant at a lower level in the Ulla-Førre system. Due to flood losses and constraints in this watercourse, the water can be used much more efficiently by instead being lifted around 60 metres up into the Blåsjø reservoir. The measure will increase electricity production in the NO2 price area by 54 GWh, equivalent to the annual electricity consumption of around 2,700 Norwegian households.

“Finally, after many years of planning and adjustments, we have found a profitable way to carry out the project. Getting more water into Blåsjø is perhaps one of the most valuable things we can do for society, because the reservoir can store the water for several years and we increase generation in existing hydropower plants. In this way, significantly more energy can be generated from an already developed system, with limited additional impact on nature,” says Executive Vice President for Development in Statkraft, Pål Otto Eide.

Statkraft recently announced that the company plans to invest NOK 70 billion in Norwegian hydropower over the next ten years, and the Blåfjell Pump project is part of this strategy.
“The Blåfjell Pump is one of many projects Statkraft is carrying out to help build and strengthen Norway. In total, our investments in the coming years represent one of the largest industrial boosts in the country,” says Eide.

Work starts now
The project includes a transfer tunnel, a pumping station inside the mountain, as well as several smaller transfer structures. The work will have a total cost of approximately NOK 300 million and starts this week, aiming to commission the pump by December 2027.

At the same time as the pumping facility is being built, Statkraft will also carry out improvements required by the Norwegian Water Resources and Energy Directorate (NVE) on four dams at the western end of Blåsjø. The plan is to complete all work during 2028.

Local ripple effects
For this project, Statkraft has chosen a contract strategy that has enabled participation from national, regional and local contractors alike. Among other things, the construction work has been split into four different contracts.

“It has been important for us to facilitate a form of competition where contractors can do what they do best, and where the contractors we also need in our day-to-day operations are able to take part in the bidding. We have noticed that there is less activity in the construction market, and competition for the contracts has been strong,” says Tor Oxhovd Svalesen, who has led the development of the project.

For further information, please contact
Nina Nerbøvik Holand, media spokesperson Statkrfaft AS
Tel: +47 48 22 17 75
E-mail: ninh@statkraft.com

FRONTERA ANNOUNCES SECOND QUARTER 2025 RESULTS

Recorded $455.2 million in Net Loss Mainly due to Non-Cash Impairment Charges Related to its Interest in the Corentyne License and Ecuadorian Assets Increased Total...

FRONTERA ANNOUNCES SECOND QUARTER 2025 RESULTS

Recorded $455.2 million in Net Loss Mainly due to Non-Cash Impairment Charges Related to its Interest in the Corentyne License and Ecuadorian Assets Increased Total...

Establishing Highland for Computing Power, Guizhou’s Big Data Industry Seizes the Opportunities from the “East-Data-West-Computing” Strategy

GUIYANG, China, Aug. 11, 2025 /PRNewswire/ -- A news report by Huanqiu.com As the digital economy develops rapidly, computing power has become the core engine...

Microgrid Market to Grow at a CAGR of 15.6% from 2025 to 2032 | SkyQuest Technology Consulting

The global microgrid market is witnessing rapid growth, primarily driven by the rising demand for energy resilience and reliability, especially in the face of grid...

Microgrid Market to Grow at a CAGR of 15.6% from 2025 to 2032 | SkyQuest Technology Consulting

The global microgrid market is witnessing rapid growth, primarily driven by the rising demand for energy resilience and reliability, especially in the face of grid...

IoT Automation and Control Systems Market Size to Grow USD 65040 Million by 2031 at a CAGR of 16.5% | Valuates Reports

BANGALORE, India, Aug. 4, 2025 /PRNewswire/ -- What is the Market Size of IoT Automation and Control Systems Market? Year Market Size (USD Million) 2024 USD 25460 Million 2031 USD 65040...

IoT Automation and Control Systems Market Size to Grow USD 65040 Million by 2031 at a CAGR of 16.5% | Valuates Reports

BANGALORE, India, Aug. 4, 2025 /PRNewswire/ -- What is the Market Size of IoT Automation and Control Systems Market? Year Market Size (USD Million) 2024 USD 25460 Million 2031 USD 65040...

Crown Castle Releases 2024 Sustainability Report

HOUSTON, July 30, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle" or the "Company") announced today the release of its 2024 Sustainability Report and updates to its sustainability website, which can be found at www.crowncastle.com/sustainability.

Fingrid group’s Half-Year Report 1.1.–30.6.2025

Fingrid’s consolidated financial statements have been compiled in accordance with the International Financial Reporting Standards (IFRS). This half-year report has been drawn up in accordance with the IAS 34 Interim Financial Reporting standard and complies with the same basis for preparation as those presented in the Group’s financial statements for 2024. This half-year report is unaudited. Unless otherwise indicated, the figures in parentheses refer to the same period of the previous year.

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