New Business Development

At Statkraft, we're not just keeping up with the energy transition; we're driving it forward. We’re going beyond our core business, using new technology and trying new business models to speed up renewable energy and build stronger energy systems. These are some of the areas and projects we’re working on right now.

Focus areas

We’re working to bring new ideas and more sustainable solutions to the energy sector. Our focus areas help us explore how we can improve and support a greener future. Here are the three main areas we're exploring right now:

Stationary energy storage

These systems store solar and wind energy when supply is high and release it when demand increases. This helps stabilize the grid and reduce electricity prices. Pumped hydro and BESS are core to Statkraft, but we’re exploring new markets and lower-cost solutions.

Read about our current projects and find contact information

Sustainable and circular value chains

We’re exploring how to build cleaner, more circular value chains with a focus on decarbonisation, traceability, and growth. If you work with sustainable supply chains, circular economy, or ESG, we’d like to connect.

Read about or current project and find contact information

Energy solutions for customers

The energy transformation is accelerating, and the energy system is getting cleaner, more flexible and decentralized. This leads to a demand for more tailored solutions and end-customer focus.

Projects

These are the new business projects we’re currently exploring beyond our core business. Each focuses on new technologies or business models that can contribute to a more sustainable energy future.

Project: Long Duration Energy Storage (LDES)

Serach field: Stationary storage

This project aims to deploy long-duration energy storage projects that can store energy for hours to days, ensuring a continuous and reliable energy supply.

As energy systems get an increasingly higher share of renewables, more energy must be shifted from generation peaks to lows. Statkraft is developing LDES projects in many of the markets where we are present, including Great Britain, Germany, and Ireland.

We are technology agnostic, aiming to use the most suitable solution for each use-case. Statkraft is exploring a range of technologies within electrochemical, mechanical, and thermal energy storage.

Our activities include project partnerships, collaborationon technology perfomance validation,, participation on pilot projects, and collaboration with technology providers. We are seeking to get in touch with project developers, technology providers, and experts for this initiative.

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Project: Distributed Storage

Search field: Stationary storage

The Distributed Flexibility Project focuses on exploring how Statkraft can create value from distributed flexibility sources in a future energy system that is connected and utilizes a mix of flexible resources.

We are maturing this project to position ourselves in a growing and changing flexibility market and address the challenges of grid instability, constraints and cost optimization. Distributed storage solutions can help manage energy supply more effectively and support the transition to renewable energy sources.

Our activites include pilot projects, participating in new business models and collaboration with experts and innovative companies.

We are looking for partners with expertise in relevant energy storage technologies, grid management, demand response and renewable energy integration to collaborate on this project.

Get in touch

Project: Thermal Energy Storage (TES)

Search field: Stationary storage

By leveraging Thermal Energy Storage (TES), the TES Project focuses on electrification of industrial heat to decarbonize industrial processes and reduce reliance on fossil fuels. Today, industrial heat is primarily generated by burning natural gas in gas boilers and accounts for a significant portion of global CO2 emissions.

By investing in TES projects and providing power optimisation services for TES applications, Statkraft supports TES technology development, decarbonisation of industrial heat and promotes sustainable industrial practices.

Statkraft is actively expanding our TES footprint and are seeking strategic partnerships with thermal energy storage technology providers and project developers, with the goal of developing a portfolio of commercially viable TES projects.

As a leading renewable energy company with sophisticated energy trading, management and optimisation capabilities, we are exploring new business- and funding models to enhance scalability and improve the TES value proposition our industrial customers.

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Project: Wind blade recycling

Search field: Sustainable value chains

This project aims to enhance sustainability and circularity in wind energy by focusing on the lifecycle management of wind turbines and blades.

This includes the recycling and repurposing of turbine components to minimise waste and environmental impact. Historically, most wind turbine blades have ended up in landfills, contributing to environmental pollution.

In this project, we aim to promote a circular economy within the wind energy sector, reduce waste, and support sustainable energy practices. Our activities include funding for research and development, collaboration with end-of-life experts, and the implementation of innovative recycling technologies.

We are seeking partners who are leaders in recycling technologies and/or other relevant end-of-life activities for onshore wind assets. We also want to connect with other industry peers or third parties focusing on the broader circularity within wind.

Get in touch

We’re looking for partners with ideas, technologies, or expertise that support our innovation efforts. Get in touch to explore potential collaboration.