Private company

Naturkraft

Logo: http://www.naturkraft.no/media/logo_stor_graa.gif (corporate web site), Non-free logo, via Wikipedia³

Norwegian power company

Naturkraft is a Norwegian power company that operates one natural gas powered thermal power station located at Kårstø in Tysvær Municipality. It also holds a permit to build a second one at Kollsnes. The company is owned by Statoil and Statkraft, with 50% each.² It was founded by Statkraft AS, Equinor ASA and Norsk Hydro.¹ Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1994Founded¹

Industryelectric power industry¹
HeadquartersTysvær Municipality¹

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The story

Founded by Equinor ASA, Norsk Hydro and Statkraft AS in 1994.¹

The company was founded in 1994 by Statkraft, Statoil and Norsk Hydro with 1/3 ownership each, though Statoil in 2004 sold its ownership to Statkraft and Norsk Hydro. In 1996, Naturkraft received permission from the Norwegian Water Resources and Energy Directorate to build both of the plants, at Kårstø and Kollsnes. In 1997, the permits were confirmed by the Norwegian Ministry of Petroleum and Energy. In 1999, the permit for emissions was granted by the Norwegian Pollution Control Authority, and confirmed by the Norwegian Ministry of the Environment in 2001.

In September 2005 Arne Liverud took up the position as CEO at Naturkraft AS.

From Wikipedia’s article on Naturkraft, shared under CC BY-SA 4.0.⁴

Products and brands

electricity

Listed on Wikidata.¹

Subsidiaries and ownership

Owners

Equinor ASA

Former owners and parents

Statkraft AS until 2004

From Wikidata.¹

Controversies and legal

Controversy

The construction of the two power stations has provoked a huge controversy in Norway, due to the large amounts of carbon dioxide that will be emitted. The Kårstø plant will emit 1.2 million tonnes of carbon dioxide, or about 2.5% of the total emissions of Norway. Prior to the opening of the Kårstø power station on November 2, 2007 Norway's sole domestic production of grid electricity was provided through renewable energy.