Research and development
Investment in R&D and innovation is important to reduce cost and improve competitiveness in Statkraft’s core business.
Statkraft has established a corporate R&D program to increase our competitiveness in a medium to long term horizon. In order to secure value creation from our R&D investments, close alignment between business strategy and R&D investments is emphasized.
The program has three main objectives. These are defined across the group’s departments/units and address key aspects for future hydro power and wind power business in Statkraft.
The program’s objectives are:
- Develop methods, systems and technology to reduce cost and improve value creation in the fields of hydropower and wind power production, project execution, energy management and market operations
- Develop sustainable and environmentally friendly solutions for new and existing hydro power and wind power plants
- Become an industry acknowledged competence hub within hydropower and wind power