Organization and management

Chair:

Ann-Christin Andersen

Deputychair:

Lars Erik Torjussen

Representatives:

Asbjørn Grundt

Lars Petter Maltby

Kristin Steenfeldt-Foss

Morten Andre Yttreeide

Marit Ektvedt Kjær

Gro Elisabeth Lundevik

Oddvar Emil Berli

Roger Thorsland

Jan Helmen

Rune Bæver

Deputies:

Vibekke Hellesund

Ragnar Thor Grundtvig Søegaard

Mette Ramfjord Harv

Henning Villanger

Kjell Åge Røiland

Sverre Halvard Hamre

Arnt Haugland

Lars Dehlimarken

Arnfinn Baksvær

Hydroelectric power is the cornerstone of our business. The Hydroelectric Power business area is responsible, through the company Å Energi Vannkraft, for operating our hydroelectric resources as efficiently as possible and developing our hydropower portfolio through new investments and growth in Norway and the Nordic region.

We have 72 wholly- and part-owned power stations, which generate 11.3 TWh of clean, renewable energy per year. That is equivalent to the energy consumption of over 700,000 average households.

Our goal is to increase our hydroelectric power generation in Norway and become the country’s third biggest producer of hydropower. We also aim to become Norway’s most efficient hydroelectric power company by introducing new technology and modernising our portfolio, as well as by growing our business in Norway and the Nordic region.

Health and safety is a key priority for the operation of our hydroelectric power stations, as is protecting the countryside and river environments.

Read more about the fantastic hydropower here.

Renewable Energy Management & Trading shall create one of the Nordic region’s leading centres of expertise for managing and trading electricity, as well as strengthen the group’s position and portfolio in the Nordic market.

The Renewable Energy Management & Trading business area is responsible for the Å Energi Group’s trading contracts and for managing market risk. This includes the Group’s management and trading of energy products in the Nordic region and Europe.

The business area, which operates through Å Energi Kraftforvaltning, is responsible for managing and maximising the return on the electricity generated by the Group, on behalf of Å Energi Vannkraft.

It does this by trying to optimise scheduling and by managing market risks, taking into account hydrology, weather data and information about markets. Renewable Energy Management & Trading is also responsible for the Group’s trading portfolios and power purchase agreements (PPAs) with industrial customers and investors.

It operates in Nordic and continental European markets, having a presence in Sweden, Germany and Switzerland, as well as in Norway. Its operations in Germany also include dispatch optimisation for renewable energy and trading in guarantees of origin.

Key figures:

• Renewable Energy Management & Trading has 60 employees, spread across 6 offices in 4 countries.
• It manages 12 TWh per year, equivalent to 1/11 of Norway’s annual electricity generation.
• Annual turnover is approximately NOK 7 billion.

Glitre Nett is Norway’s second biggest grid operator with a 30,000-kilometre network that supplies electricity to around 310,000 customers in Buskerud and Agder.

You can find more information on the website glitrenett.no 

Due to NVE’s rules on neutrality (see nve.no), we are only allowed one link from the group’s home page to glitrenett.no. We have a link to it from our home page, so unfortunately the web address here is not clickable.

This business area is responsible for creating better customer services and forward-looking solutions in a challenging and diverse energy market.

The following companies form part of Customer & Digital Solutions:

LOS
LOS is one of Norway’s leading electricity retailers, and it supplies electricity and energy-related products and services to domestic customers all over Norway.

Learn more about LOS

Glitre Energi Strøm
Glitre Energi Strøm supplies electricity to domestic customers. The company also supplies a range of other products and services that help customers to keep track of their electricity consumption and help them to reduce their power bills.

Learn more about Glitre Energi Strøm

Oss Norge
Oss Norge delivers technology that collects information from your smart meter and makes it easy to keep track of your electricity consumption.

Learn more about Oss

Viken Fiber
Viken Fiber has built and operates a fibre broadband network covering much of Eastern Norway. Å Energi owns 26.6 percent of the company.

Learn more about Viken Fiber

Glitre Energiløsninger
Glitre Energiløsninger makes sustainable choices profitable by providing high quality energy data. That helps to improve energy efficiency, reduce costs and, of course, supports the green energy transition.

Learn more about Glitre Energiløsninger

Drammen Fjernvarme
Since 1984, Drammen Fjernvarme has been expanding its district heating network and supplying heating to businesses and domestic customers.

Learn more about Drammen Fjernvarme

Ergon Nordic
Ergon Nordic is a Nordic energy group with around 350 GWh/year of contracted sales of heat energy, making it the fourth biggest operator in Norway in this market.

The group also produces and sells significant quantities of biofuel throughout the Nordic region.

Learn more about Ergon Nordic

Agder Energi Fleksibilitet
Agder Energi Fleksibilitet is developing the flexible energy systems of the future through the NorFlex project. It is testing and developing the technology and business models required for a more efficient and sustainable power grid.

Agder Energi Fleksibilitet owns the companies Nodes, which is the market for decentralised flexibility, and Nodes-Tech, which supplies technology.

Enfo
Enfo supplies power management systems to companies that wish to reduce their peak loads, shift electricity consumption away from expensive times of day and earn money by disconnecting non-essential loads.

Learn more about Enfo

Nettpartner
Nettpartner is an electrical infrastructure contractor that builds, operates and maintains infrastructure related to the power grid and railways. Å Energi has a 40% ownership interest in the company.

Learn more about Nettpartner

El-Tilsynet
El-Tilsynet offers electrical safety services, has expertise in fire investigations and teaches about electrical safety in schools.

Learn more about El-Tilsynet

The New Industries business area shall position Å Energi to be one of the Nordic region’s leading energy utilities in the areas of energy services and green industrial development.

The following companies are included in the business area:

Entelios
Entelios Nordic is one of the leading energy retailers in the Nordic region. In Norway, it is the leading supplier of electricity to the commercial market.

Click here to learn more about Entelios.

Å Energi Invest
Å Energi Invest makes investments in energy-related businesses from start-up through to maturity. By offering high-level expertise, a good network and close support, we are able to actively develop and add value to companies.

We are interested in good ideas and companies that can be developed into something that will make a difference in existing or new markets. Learn more about what we are looking for.

In order to support its business areas, Å Energi has the following shared functions:

• Finance and Corporate Governance shall ensure the group has good financial management systems and help it to operate more cost-efficiently and profitably.
• Operations, Compliance and Sustainability has particular responsibility for supervising operations, the group’s shared functions and work on sustainability.
• HR and Communication shall position the group as one of Norway’s most attractive employers, and ensure that it has a strong and good reputation amongst the company’s most important stakeholders. 
• Technology, Innovation and Safety is responsible for the group being an industry leader in its use of technology, safety systems and forward-looking contingency planning. This area is also responsible for innovation at the group level.