Narvik Energi
Encyclopedia
Narvik Energi is a power company
that serves Narvik
in Norway
. It operates seven hydroelectric power stations
and Nygårdsfjellet wind farm
. The company is owned by the City of Narvik
(50.01%), DONG Energy
(33.33%) and HelgelandsKraft
(16.66%). Total annual average production is 950 GWh.
The company owns its windfarms through the 50% owned companies Nordkraft Vind (that operates Nygårdsfjellet), Vesterålskraft Vind and Lofotkraft Vind.
ing was established in Narvik, while Silvannfos was built two years later. The company also established an electrical article store and installation division, but these were closed in 1995 and 1990, respectively. In 1922 Mølnfoss was opened, and in 1923 the Norwegian State Railways announced that Ofotbanen was to be electrified
, and NKE built Nygårdsvassdraget to cover the need, opening in 1932. In 1949 Håkvikvassdraget was rebuilt with one new power station.
In 1995 the company, that had been a municipal agency
, was transformed to a limited company
with the municipality as sole owner. From 1998 to 2001 Narvik Energi increased its ownership in Nordkraft from 17% to 100%, but at the same time HelgelandsKraft and Vesterålskraft bought part of Narvik Energi. In 2002 the Danish state enterprise Energi E2
(now DONG) bought a third of the company, through buying out Vesterålskraft, part of HelgelandsKrafts ownership and through an issue
. In 2003 the power grid was demerged into a Narvik Energinett and 49% sold to HelgelandsKraft. In 2005 the wind farm
at Nygårdsfjellet was opened. In 2006 all the electrical production was concentrated in the wholly owned subsidiary Nordkraft.
Electrical power industry
The electric power industry provides the production and delivery of electric energy, often known as power, or electricity, in sufficient quantities to areas that need electricity through a grid connection. The grid distributes electrical energy to customers...
that serves Narvik
Narvik
is the third largest city and municipality in Nordland county, Norway by population. Narvik is located on the shores of the Narvik Fjord . The municipality is part of the Ofoten traditional region of North Norway, inside the arctic circle...
in Norway
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
. It operates seven hydroelectric power stations
Hydroelectricity
Hydroelectricity is the term referring to electricity generated by hydropower; the production of electrical power through the use of the gravitational force of falling or flowing water. It is the most widely used form of renewable energy...
and Nygårdsfjellet wind farm
Nygårdsfjellet wind farm
Nygårdsfjellet Wind Farm is a windfarm located in Narvik, Norway. It consists of three windmills each at 2.3 MW. Average annual production is 26 GWh. The windmills are located at 400 meters above sea level. Production started in 2006 and the farm is owned by Nordkraft Vind, a joint venture...
. The company is owned by the City of Narvik
Narvik
is the third largest city and municipality in Nordland county, Norway by population. Narvik is located on the shores of the Narvik Fjord . The municipality is part of the Ofoten traditional region of North Norway, inside the arctic circle...
(50.01%), DONG Energy
DONG Energy
-History:The Danish state company Dansk Naturgas A/S was founded in 1972 to manage resources in the Danish sector of the North Sea. After some years, the company was renamed to Dansk Olie og Naturgas A/S . At the beginning of 2000s, DONG started to extend itself into the electricity market by...
(33.33%) and HelgelandsKraft
HelgelandsKraft
HelgelandsKraft is a power company that serves Helgeland in Norway. It owns eight hydro electric Power Plants with average annual production of 678 GWh as well as the power grid in the fourteen municipalities of Helgeland, that also own the company...
(16.66%). Total annual average production is 950 GWh.
Operations
The company operates the power stations of Nygård, Håkvikelva, Sildvik, Sørfjord I, Sørfjord II, Sirkevann and Taraldsvik. The power grid is through the Narvik Energinett, that is owend 49% by HelgelandsKraft.The company owns its windfarms through the 50% owned companies Nordkraft Vind (that operates Nygårdsfjellet), Vesterålskraft Vind and Lofotkraft Vind.
History
On 21 December 1913 the Narvik Kommunale Elektrisitetsverk was established by the municipality. The same year the first power station, Høybakkfoss, was opened and street lightStreet light
A street light, lamppost, street lamp, light standard, or lamp standard is a raised source of light on the edge of a road or walkway, which is turned on or lit at a certain time every night. Modern lamps may also have light-sensitive photocells to turn them on at dusk, off at dawn, or activate...
ing was established in Narvik, while Silvannfos was built two years later. The company also established an electrical article store and installation division, but these were closed in 1995 and 1990, respectively. In 1922 Mølnfoss was opened, and in 1923 the Norwegian State Railways announced that Ofotbanen was to be electrified
Railway electrification system
A railway electrification system supplies electrical energy to railway locomotives and multiple units as well as trams so that they can operate without having an on-board prime mover. There are several different electrification systems in use throughout the world...
, and NKE built Nygårdsvassdraget to cover the need, opening in 1932. In 1949 Håkvikvassdraget was rebuilt with one new power station.
In 1995 the company, that had been a municipal agency
Etat
Etat is a Norwegian state-, county- or municipal agency. An Etat is a subdivision of the administration, which has been given responsibility for a special area. An agency does not have a board of directors, but it does have a director, appointed by the subordinate organization. Normally decisions...
, was transformed to a limited company
Aksjeselskap
Aksjeselskap is the Norwegian term for a stock-based company. It is usually abbreviated AS or A/S, especially when used in company names. An AS is always a limited company, i.e. the owners cannot be held liable for any debt beyond the stock capital...
with the municipality as sole owner. From 1998 to 2001 Narvik Energi increased its ownership in Nordkraft from 17% to 100%, but at the same time HelgelandsKraft and Vesterålskraft bought part of Narvik Energi. In 2002 the Danish state enterprise Energi E2
DONG Energy
-History:The Danish state company Dansk Naturgas A/S was founded in 1972 to manage resources in the Danish sector of the North Sea. After some years, the company was renamed to Dansk Olie og Naturgas A/S . At the beginning of 2000s, DONG started to extend itself into the electricity market by...
(now DONG) bought a third of the company, through buying out Vesterålskraft, part of HelgelandsKrafts ownership and through an issue
Issue (legal)
In law, issue can mean several things:*In wills and trusts, a person's issue are his or her lineal descendants or offspring. These are distinguished from heirs, which can include other kin such as a brother, sister, mother, father, grandfather, uncle, aunt, nephew, niece, or cousin.*In...
. In 2003 the power grid was demerged into a Narvik Energinett and 49% sold to HelgelandsKraft. In 2005 the wind farm
Wind farm
A wind farm is a group of wind turbines in the same location used to produce electric power. A large wind farm may consist of several hundred individual wind turbines, and cover an extended area of hundreds of square miles, but the land between the turbines may be used for agricultural or other...
at Nygårdsfjellet was opened. In 2006 all the electrical production was concentrated in the wholly owned subsidiary Nordkraft.