Norsk Vannkraft seeks to be a driving force in the green shift by refining Norwegian, small-scale hydropower, for the good of landowners, local communities, and nature.
Small-scale hydropower helps to reduce climate emissions through the production of renewable and emission-free, clean energy. However, small-scale power is so much more. Small-scale power production is local and regional business development applied in practice. For Norsk Vannkraft, it is important to contribute to sustainable rural areas through good cooperation with landowners and local communities, and taking care of nature while utilizing the available resources in the most efficient ways possible. Norsk Vannkraft creates local value by mainly using local and regional partners on the west coast of Norway, and the company has as its main objective the establishment of a portfolio of self-owned power plants of 1 TWh.
The production of renewable electricity is certified by Energy Attribute Certificates (EACs). These are the accepted legal instrument through which claims of renewable energy generation and consumption are substantiated in the global renewable energy market. There are different types of EAC for different regions of the world, and they are all in compliance with the quality criteria set by the Greenhouse Gas Protocol in the latest Scope 2 guidance document.