Eviny presentation 2024-11-25

Welcome to Eviny!We are powered byenergyfor the future.1Renewable energy and security of supply3For over 100 years we have been the guarantor ofthe power supply in our regionOur mission remains to meet society's energy needs4Factsaboutthe Eviny Group5Group facts6 Key figuresGross operatingrevenue11,8billion NOKEmployees1.300Profit/loss after tax3.760million NOKAvoided CO2emissions 202335.400tonnesDividendfor 20231.307million NOKEquity13,6billion NOKStatkraft 43,44%Bergen municipality 37,75%Alver municipality 3,45%Øygarden municipality 3,43%Askøy municipality 2,48%Sunnfjord municipality 2,27%Tysnes Kraftlag AS 1,70%Kvinnherad municipality 0,91%Kvam municipality 0,90%Voss municipality 0,67%Fjaler municipality 0,61%Austrheim municipality 0,43%Hyllestad municipality 0,38%Vaksdal municipality 0,37%Etne Elektrisitetslag AS 0,35%Gulen municipality 0,27%Solund municipality 0,24%Fedje municipality 0,12%Høyanger municipality 0,12%Masfjorden municipality 0,10%We are owned by the people(public ownership)7Our ownersWe are leading the way to ensure more energy and power onnature's terms8Onshorewind Offshore wind Hydropower•39 hydropower plants•Annual production of 7.7 TWhEquivalent to the annual consumption of 480,000households•Our water reservoirs are equivalent to 275 million largeTesla home batteries•We can produce when there is a need to balance windand solar power•We can deliver capacity when everyone is usingelectricity at the same timeHydropower - flexible andrenewable9Norway: Renewableenergy-system – basedon hydropower10Complex reservoir hydro power systemPumppowerstationStreamintakePowerstationULLAFØRRECapacity 2100 MWProduction 4,45 TWhReservoir 3105 mill. m3Hydropower:-decentralised power system12Norwegian hydropower:•1781 power stations•1240 reservoirs•more than 75% of EuropescapacityGrid:•Transmission: 12 000 km operated byStatnett•Distribution: 100 000 km operated by 85regional companies•BKK: 22 000 km, 270 000 customers•Operation of power supply system iscoordinated by Statnett (TSO)•Continuity of supply is 99,99%Key actors and legislation•Ministry ofEnergy (ED): Responsiblefor arranginga coordinatedand holisticenergypolicy. Theoverall goal is to ensurehighvaluecreationthroughefficientand environmentalfriendlymanagement ofenergyresources•The Norwegian Water Resources and Energy Directorate(NVE): Responsiblefor themanagement ofNorway’swater and energyresources, includingmaintainingnationalpowersupplies•Power Supply centralcrisisauthority(KSL): Main authorityin nationalpowersupplycrisisifdelegatedautorityin theEnergy Law and regulationsfor emergencymanagement is not sufficient.•Power Supply regional authority(KDS): Responsibleto coordinatethepowersupplyemergencymanagement/responsewithinownregion (13 regions)•Power supplycompanies(KBOs): Responsibleto produceand distributehydropowerenergyaccordingto lawsand regulations•Directoratefor civilprotection(DSB): Responsibleto maintaina completeoverviewofvariousrisksand vulnerabilityin general, and covers local, regional and nationalpreparednessand emergencyplanning13Emergencypreparednessorganisation14SituationA: Managedbyauthorities(NVE) whendelegatedauthorityin energylegislationis sufficientSituationB: Managedby authorities(NVE) and Statnett whendelegatedauthorityin energylegislationisNOT sufficient•The Energy Law•Regulationsfor securityand emergencypreparednessin powersupplysector•Guidelines to regulationsfor securityandemergency preparednessin powersupplysectorSecurity –identifiedevents15Security – overall threatassessment16Measures Risk and development ThreatElevatedsecuritylevel.Awarenessand reportingprocedures.Authority dialogueHybrid threats, sabotage,vandalismDigital (IT) measuresenforced.Awarenessand training.SuppliercontrolCyber crime, fraud, attacktowardsIT/OT systemsElevatedsecuritylevel.Awarenessand reportingprocedures.Authority dialogueIntelligencetowardscriticalinfrastructureDigital (IT) measures.Suppliercontrol.Security coveredin HR proceduresPersonell security, insidersAwarenessand reportingprocedures.Followup exposedpersonel.Police dialogueThreatsand physicalviolenceElevatedsecuritylevel.Awarenessand reportingprocedures.Police dialogueCrimeand theft; physicalMonitor national threatlevel.Awarenessand adviceto employees.TerrorismWeatherdependent – weneedsecurity of supplyInterconnectors–providessecurityofsupply•Connects our power system to systems withdifferent production technologies•Total capacity 9000MW•Sweden 4000MW•Denmark 1600 MW•Germany 1400 MW•UK 1400 MW•Netherlands 700 MW•Theoretical capacity: 80 TWh per year•2023: import 26 TWh, export 59 TWh•Controversial issue in Norwegian energypolicy debate•«export electricity, import high prices»18Power exchange202319EU – Energy Union•Security, solidarity and trust•Diversifying energy sources and ensuringenergy security•Fully integrated internal energy market•Energy efficiency•Climate action, decarbonising•Research, innovation and competitivness•Comprehensive cooperation on riskpreparedness, crisis management -ACER•Resource adequacy assessment•Risk preparedness regulation•MonitoringACER report on energy security 2023:“the integrated and highly interconnected Europeanenergy market was paramount to ensure security ofenergy supply”20Dette bildet av Ukjent forfatter er lisensiert under CC BY-SASummary:•A decentralised and renewable powersystem gives Norway a high degree ofenergy security and resilience•Risk assessment and preparedness iswell organised•Cross border cooperation ,interconnectors and integrated marketsare vital for security of supply at all timesBut:There is no room for complacency !21