The EU's target of 20% renewable energy by 2020 means that power production from renewable sources could double in the period leading up to 2020. We have the expertise and experience to develop new production capacity, we are represented in many European countries and possess the market understanding that is crucial to success. 

Statkraft is adopting a long-term perspective to developing new technology that will provide effective solutions. The Group is investing considerably in research and development in areas such as ocean energy, osmotic power and other new renewable energy sources, as well as stepping up its commitment to energy efficiency and carbon capture and storage.

96.4% of Statkraft's power production in 2007 derived from renewable energy sources, with no greenhouse gas emissions. Neither hydropower nor wind power generation produce any emissions of hazardous substances, carbon dioxide or other greenhouse gases. Statkraft has the lowest carbon intensity, i.e. generates the lowest emissions of CO2 in relation to its power generation, of all major European energy companies.

1. Statkraft’s greenhouse gas emissions
2. CO2 and hydro power