Statkraft halts wind power projects in Norway
Oslo - Statkraft has decided not to invest in the Fosen and Snillfjord projects in Central Norway.
Power prices in the Nordic power market are relatively low. A growing power surplus and continued moderate demand for electricity have reduced the long-term price ex-pectations. Updated analyses therefore show that the projects in central Norway will not be profitable.
Source: IWR Online, 05 Jun 2015