Key highlights
Agreement overview
Hydro Energi AS and Statkraft signed two long-term power purchase agreements securing a total of 12.3 TWh over a 10-year period for Hydro's primary aluminium production plants in Norway.
Delivery schedule
The PPAs commit deliveries of 0.9 TWh per year in 2029–2030 and 1.3 TWh per year in 2031–2038.
Geographic allocation
Of the 12.3 TWh, 8.8 TWh will be delivered in the NO2 price area and 3.5 TWh in NO3.
