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Statkraft: Proving the Future is Renewable

Electricity is integrated into almost every aspect of human life. From its inception, electricity has powered our homes, our offices, and our devices. Every industry uses electricity, from manufacturing to healthcare, space exploration to financial services; it is now an inseparable part of how we live. We couldn’t imagine a society without it.

With energy consumption and production contributing to 75% of the world’s greenhouse gasses, while fossil fuels still provide 80% of all global energy, we are burning the candle at both ends. To meet growing energy demands, keep the planet’s temperature below breaking point, and close the gap for nearly one billion people in the world who still have no access to electricity, renewable energy cannot be part of the solution – it must be the solution. Companies like Statkraft are leading the way.

It isn’t enough to just think about renewable energy, says Statkraft, the energy sector has to take responsibility for the green transition. In 2015, the UN submitted their agenda for sustainable development, along with their hopes of reaching their goals by 2030. Statkraft are leading the shift to clean energy that can power every industry, every business, every community, and every home by focusing on the seventh Sustainable Development Goal: Affordable and Clean Energy. Statkraft dares to question society’s dependence on fossil fuels by offering new and renewable alternative energy sources. Statkraft serves a higher purpose of climate action, says CEO Christian Rynning-Tønnesen. Their core business is to develop renewable energy alternatives, increasingly accessible and affordable for more people.

Working towards the overarching goal of SDG13, Statkraft is using its core competence to generate renewable energies (SDG7) and enabling sustainable societies (SDG 11). Statkraft began working in India in 2004 as a hydroplayer and continues to be part of India’s growth story, along with their contribution to the UN 2030 Sustainable Development agenda. Statkraft have 125 years of experience in hydropower and is the largest producer of electricity from hydropower in Europe, providing electricity through hydroelectric reservoirs and regulated river basins, while also assisting in reducing floods.

When looking at climate change and renewable energy, there must always be a focus on the future. Statkraft is leading the way to a greener and more sustainable future through its wind farms in South America, by providing charging for electric cars in Northern Europe or through its “virtual power plants” in Germany and the UK.  But, for a greener tomorrow, Statkraft and other renewable energy providers need help today. In order to succeed in the future, we need a collaborative effort from both the private sector and public sectors to tackle the climate crisis, says Statkraft. We must look towards working with our governments, our financial sectors, our communities, and the rest of the energy industry to save our home, our planet.