EnergyWatch

Statoil and Statkraft scrap unmarketable Siemens plant

Just 10 years after the inauguration of the loss-making Norwegian gas power plant, the expensive facility is now poised to be sold as scrap.

Photo: Naturkraft

In a few months, bad timing will claim another victim. Less than 10 years after the inauguration of Norwegian gas power plant Kårstø of 420 MW, the plant is now being torn down and sold for scrap.

Following a protracted sale process, the owners – Statoil and Statkraft company Naturgas – have given up on finding a buyer, reports Norwegian media Montel.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted forced to delay coal phase out

The Danish authorities have ordered Ørsted to continue operations of one coal fired power plant and resume operations on two others until 2024. The utilty maintains aim of CO2-neutrality in 2025.

Further reading

Related articles

Latest News

See all jobs