Outdoor energy storage project in Norway

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4 Frequently Asked Questions about “Outdoor energy storage project in Norway - CAPTURED ENERGY SOLAR (PTY) LTD”

Is Norsk Hydro planning a new pumped storage power plant?

In April 2020, the Norwegian Ministry of Energy granted Norsk Hydro a concession to develop the Illvatn pumped storage power plant. An application for a plan change is being processed by the Norwegian Water Resources and Energy Directorate (NVE).

Will Norsk Hydro build a 84 GWh pumped storage project?

(Photo: Narrativ/Hydro) Norsk Hydro, a Norwegian aluminum and renewable energy company, is planning a 84 GWh pumped storage project in Luster Municipality, Norway. The Illvatn project, with an estimated price tag of NOK1.2 billion (US$113 million), is expected to begin construction in 2025, targeting 2028 or 2029 for full operation.

What projects are under development in Norway?

Another project under development in Norway is a new power plant at Torolmen, in the Årdal municipality, with an estimated annual production of around 30 GWh. The total investment for this project could reach NOK290 million (US$27.4 million), with potential construction starting as early as 2027.

Will Norsk Hydro build Yane power plant?

Norsk Hydro is working to mature hydropower projects at several locations. In addition to the Illvatn project, Norsk Hydro was also granted a concession to build the Øyane power plant in the same watercourse. The company noted that the profitability of the Øyane project is more challenging, and it is currently evaluating its viability.

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84 GWh pumped storage project planned for Norway

Norsk Hydro, a Norwegian aluminum and renewable energy company, is planning a 84 GWh pumped storage project in Luster Municipality, Norway.

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We provide outdoor cabinets, energy storage cabinets, battery cabinets, telecom site hybrid energy systems, base station power systems, site energy storage solutions, communication tower backup power, off-grid site power cabinets, diesel-PV hybrid microgrids, source-grid-load-storage platforms, home energy management, backup power, containerized ESS, microinverters, solar street lights, and cloud EMS.
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