About Statkraft in the US
Statkraft has been active in the US carbon, renewable energy and PPA market for more than 10 years, opening an official branch in San Francisco, California in May 2015.
As a leading market integrator and PPA provider, Statkraft provides a bridge between energy producers and end consumers, working with a diverse range of companies and industries. In the US, Statkraft offers PPAs to industrial and commercial companies as well as project developers and investors. This enables the financing of new renewable power plants. As one of the most important actors in the energy market, Statkraft trades energy and renewable energy certificates in the US.
By being active in the market and simultaneously being able to tap into our extensive portfolio in the US and across borders, we enable customers to achieve their sustainability and procurement targets with competitive pricing. We take on market and portfolio-related risks for them.
Our main activities
- Statkraft works closely with project developers, corporates and industry, regulated compliance entities and financial institutions in the US carbon, renewable energy and PPA market. We provide or engage in tailored transactions to facilitate management of carbon and renewable compliance obligations.
- Statkraft’s US team helps US companies to procure international renewable power from Statkraft’s global renewable portfolio. To date, multiple US companies have partnered with Statkraft for renewable power, environmental certificates, or both.
- In addition, we partner with wind and solar project owners and developers in the US by offering power purchase agreement for renewable electricity and certificates. Our offers facilitate project financing and provide reliable revenue streams.
Facts to remember
- Present in the United States since 2015
- Based in San Francisco (West Coast) and Stamford (East Coast)
- Facilitator of carbon and renewable compliance obligations
- Assisting US companies to procure Statkraft’s renewable energy
- Assisting renewable project developers by providing PPAs