Statkraft and Elkem to cooperate on energy recovery

23.08.2009 08.00 | pressrelease

Statkraft and Elkem have entered into an agreement to build an energy recovery facility at the Elkem Thamsavn plant at Orkanger in Sør-Trøndelag county.

The facility will recover heat from the plant’s processing steam and produce a total of 180 GWh of electricity annually. The cost of the facility is estimated to exceed NOK 500 million.

”The energy recovery facility will make Elkem Thamshavn one of the most energy-efficient silicon plants in the world, with a recovery rate of 25 per cent,” says plant manager Alf Tore Haug at Elkem Thamshavn.

”It is important for Statkraft to contribute to realising good industrial energy efficiency projects. In addition to increasing the energy efficiency at Elkem Thamshavn, the facility will contribute to new energy production and an improved energy balance in central Norway,” Sverre Gotaas, head of Innovation and Growth at Statkraft stresses.

The parties will carry out a main study this autumn and are aiming for an investment decision in order to have a completed facility by the autumn of 2011.

On Friday, the Enova board decided to support the project with NOK 90 million.

Statkraft is Europe's largest renewable energy company. The Group develops and generates hydropower, wind power, gas power and district heating, and is a major player on the European power exchanges. Statkraft also develops marine energy, osmotic power, solar power, and other innovative energy solutions. Through the ownership of other companies, Statkraft supplies energy and heating to more than 600,000 customers in Norway. In 2008 Statkraft posted gross operating revenues of EUR 3.1 billion (NOK 25 billion). The group employs 3,200 staff in more than 20 countries.

Elkem is among the leading companies in the world within environmentally-friendly production of metals and materials. Core products include silicon, solar cell silicon, special alloys for the casting industry, carbon and micro silica. In 2008, the group’s sales reached NOK 9 billion. Elkem has 2 900 employees.