Oslo, Norway, Mar 7, 2008 - (ABN Newswire) - (Oslo, 7 March 2008) Statkraft has selected NorWind to conduct a concept study for a large, fixed-base wind power facility far offshore. The study aims to narrow the gap between today's wind-power technology for shallow waters and the deepwater technology of the future.

Last year Statkraft challenged a number of Nordic high-tech firms as to how to build an offshore wind park of up to 1000 MW as early as 2012. Among the stipulations were that it should be out of sight from land and placed in sea depths of approx. 60 meters.

Six groupings submitted proposals for solutions. The competition was won by NorWind, a subsidiary of Scatec, in collaboration with OWEC Tower and Grieg Logistics.

The feasibility study, which is to be carried out as an open innovation process in the course of 2008, is meant to yield the most complete description possible of a construction concept for a field of up to 1000 MW installed capacity. The study is to help narrow the gap between current wind power technology for shallow waters and future deepwater wind-power technology. The agreement between Statkraft and NorWind contains no binding obligations for delivery or purchase of technology.

The Statkraft Group is a European leader within renewable energy. The Group generates hydropower, wind power, gas power and district heating and is a major player on the European energy exchanges. In Norway the company supplies electricity and heat to around 600,000 customers through its shareholdings in other companies. In 2007 Statkraft posted a profit after tax of NOK 6.6 billion, and employed around 2,250 employees in ten countries. The world needs pure energy. This is what Statkraft delivers - every day.

NorWind was established in 2007 as Scatec's unit for activities in the business area of offshore wind power. The company is owned by Scatec and the Grieg Group. NorWind's strategy is to combine a portfolio of shareholdings and access to various foundation technologies with capacities in Engineering, Procurement, Construction and Installation (EPCI).

For further information please contact:

Statkraft: Torbjørn Steen, VP Communcations, tel. +47 24 06 72 28 / +47 911 66 888 Haakon Alfstad, SVP Wind Power, tel. +47 24 06 73 52 / +47 950 79 515

NorWind: Sven Røst, VP Communications, tel. +47 932 53 196 Simen Hesleskaug, CEO, tel. +47 924 55 510

www.statkraft.com and www.scatec.no

Copyright © Hugin AS 2008. All rights reserved.

Statkraft

http://www.statkraft.com/

ISIN: NO0010246234

Stock Identifier: XOSL.STAEN

ABN Newswire
ABN Newswire This Page Viewed:  (Last 30 Days: 3) (Since Published: 1239)