Statkraft is Europe's leader in renewable energy. The group develops and generates hydropower, wind power, gas power and districtheating, and is a major player on the European energy exchanges.
Statkraft's most important mission is to be an efficient power producer and deliver a high rate of return to the owner through industrial activity.
The Group is the largest power producer in Norway, and contributed 34% of the country's power production in 2013. The company is the Nordic region's third largest producer of electrical power, Europe's largest producer of renewable energy, and the tenth largest producer of hydropower globally.
The Statkraft corporate governance statement shall contribute to clarify the roles between the State as owner, the board of directors and the management of the enterprise.
The power markets in which Statkraft operates reflect the general global economic development; a mature European market with low growth, and immature Emerging Markets with high growth.