OB:EQNROil and Gas
Energy Transition Update - Statkraft Powers Up: Major Norwegian Hydropower Upgrade Planned
Statkraft has submitted a license application for a major upgrade to the Mår power plant in Norway, aiming to boost power generation by over 13 percent. This proposed upgrade is part of a broader NOK 70 billion initiative focused on enhancing Norwegian hydropower infrastructure, reflecting a significant step in the ongoing energy transition. The new power plant is planned to have nearly three times the current installed capacity, aimed at increasing electricity production swiftly during high...