
Innovation
Innovation has been at the core of our company since its early beginnings in the late 1800s. Ever since the bold feats of engineering back in our hydropower pioneering days, our mission has been to lead the shift to renewable energy.
To keep our planet’s temperature below breaking point, meet the growing demand for energy, and close the energy gap for the nearly one billion people in the world who still have no access to electricity, renewable energy can’t be part of the solution. It must be the solution.
Innovation has been at our core from the start and continues to be one of the values that guide our actions. With our know-how and capability, and willingness to develop new business opportunities, we are positioned to play a leading role.
Our ambition is to drive partnerships that transform industry sectors far beyond our own, bring new market solutions to maturity, and put renewable energy to work in new ways. Our leadership in new technologies is shaping how others can be incentivised to reduce their emissions.
A foundation of knowledge
The energy sector is undergoing rapid change with new technologies, policies, and markets. By monitoring technology, analyzing and conducting in-depth studies, we identify new market opportunities and costs of potential technologies. Our analysis team covers power generation, energy storage, district heating/cooling and transport technologies. This knowledge shapes our strategies, market understanding and approach to innovation and business development.
What we're working on
Our portfolio is carefully composed to ensure a balance between short term initiatives aimed at improving existing core business and long-term activities designed to explore new business models.
What we're working on
Research and development collaboration with Statkraft
To secure a sustainable future for the renewable energy sector and stay updated on the latest knowledge, Statkraft is constantly considering collaborations with new and current research partners.
Research and development collaboration with Statkraft
Partner with us
Ole Grimsrud
VP New Business Development

Statkraft Ventures – an innovation tool
In 2015, Statkraft established the company Statkraft Ventures which partners with dynamic start-ups that are disrupting energy markets and technologies. The company is an innovation and growth tool with focus on business models in and around distributed energy, energy management and trading. By investing venture capital, we support up-and-coming companies to explore disruptive technologies beyond our core business.

Join us
At Statkraft, we know that our people are the most important sources of ideas that take us one step closer to an energy world based on renewables. If you want to work in a culture that encourages bold and innovative thinking, visit our careers section.
Innovation with and for Statkraft

R&D programme: Major effort to save European eels
The eel is an enigmatic, mythical and endangered fish. In Sweden, Statkraft and other hydropower companies are participating in a research and development programme to help the eel survive. The...
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Hydropower: Flood control
Climate change leads to more extreme weather with large amounts of precipitation over a short period. Sudden floods can cause major damage, but hydropower reservoirs can play an important role in...
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Hydrogen: A new market on its way
When the industry sector needs to go green, hydrogen will be a preferred alternative to fossil fuels. In transportation, battery power works fine for passenger electric cars, but when ships and trucks...
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Renewable: First test of floating solar power
Calm reservoirs in sunny southern regions. Why not double the benefits and use the hydropower reservoirs to produce solar power too? For the first time, Statkraft is testing floating solar power at a...
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Renewable: Balancing with batteries
Solar cells generate power when the sun shines, and wind turbines when the wind blows, but not necessarily when the need for energy is greatest. Can batteries store renewable energy "in a can" – for...
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Machine learning: Teaching power plants to speak
The hydropower plants in Norway are getting older. This means costly maintenance and large reinvestments. What if the power plants could tell us what they needed and when?
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Renewables: Green take-off
By 2040 we will all be able to fly with a clear conscience. The low-emissions society is developing faster than we can fully grasp according to Christian Rynning-Tønnesen, CEO of Statkraft.
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