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With both renewables cost-competitive, Norwegian state-owned utility Statkraft will generate more onshore wind and solar as part of
its long-term energy strategy, Reuters reported.
Statkraft, which generates electricity primarily from hydroelectric dams, will also work to explore options for using electrolysis to produce hydrogen as a renewable fuel solution for shipping, transportation and industry
.
The company's CEO said at a press conference, "Onshore wind projects are profitable without subsidies, and together with solar, they are very cost-competitive renewable energy
.
" We are currently updating our strategy to make it an integral part
.
”
He said the company's hydrogen targets are in the research and development phase, but the electrolysis production method it has chosen is more environmentally friendly
than natural gas alternatives.
He added: "Although it may be cheaper to produce hydrogen from natural gas, we are a renewable energy company and injecting carbon dioxide will make it a more expensive option
.
”
The company's CEO said Statkraft is also in talks with specific companies to build large data centers
in the Telemark and Sanderfjord regions of southern Norway.
:/, please indicate the source for reprinting)
With both renewables cost-competitive, Norwegian state-owned utility Statkraft will generate more onshore wind and solar as part of
its long-term energy strategy, Reuters reported.
Statkraft, which generates electricity primarily from hydroelectric dams, will also work to explore options for using electrolysis to produce hydrogen as a renewable fuel solution for shipping, transportation and industry
.
The company's CEO said at a press conference, "Onshore wind projects are profitable without subsidies, and together with solar, they are very cost-competitive renewable energy
.
" We are currently updating our strategy to make it an integral part
.
”
He said the company's hydrogen targets are in the research and development phase, but the electrolysis production method it has chosen is more environmentally friendly
than natural gas alternatives.
He added: "Although it may be cheaper to produce hydrogen from natural gas, we are a renewable energy company and injecting carbon dioxide will make it a more expensive option
.
”
The company's CEO said Statkraft is also in talks with specific companies to build large data centers
in the Telemark and Sanderfjord regions of southern Norway.
:/, please indicate the source for reprinting)
/
