Elkem and Statkraft sign new competitive long-term power agreement in mid-Norway
Elkem and Statkraft have signed a new long-term power agreement which secures additional competitive access to power for Elkem’s plant in Bremanger. The new contract covers a capacity of 20-40 MW for a duration of ten years.Elkem is already well-positioned with long-term power contracts in Norway, having secured more than 80 per cent of its electricity supply in the country at competitive rates. The new contract secures additional predictability for a total of 3 TWh in the period 2024-2033, supporting continued long-term operations and enabling new investments at the plant. Elkem has