Ringedalen power plant

Statkraft has decided to commence the development of the Ringedalen power plant in Odda municipality. The power plant is scheduled for completion in 2017, and will supply approx. 3 000 Norwegian homes with electricity.

Statkraft was granted the licence for the Ringedalen power plant in December 2012. Since then, Statkraft has engineered the project, and obtained tenders for the major deliveries. An investment decision for the project has now been made, which will be executed in the period from 2015 to 2017.

The investment is estimated at approx. NOK 235 million. The power plant is planned with two generators of 11.5 MW, with a mean annual generation of approx. 60 GWh, equivalent to the consumption of approx. 3 000 Norwegian households.

The plant will utilise an elevation difference of 517 meters between Lake Mosdalsvatnet and Lake Ringedalsvatnet. The power plant will be constructed inside the mountain, and the environmental impact of the project is considered minimal.

The development of a new power plant in Ringedalen is part of a number of investments in the Tyssedal area. The investment decision is in line with Statkraft’s strategy to develop and maintain Norwegian hydropower through profitable and environmentally friendly development and rehabilitations.

Statkraft has several regulating facilities and significant power generation in the Tyssedal area including the plants Tysso II, Upper and Lower Berså, Mågeli, Skjeggedal pumping station and the Oksla power plant. The Ringedalen power plant will be part of the Hardanger power plant group.