24/7 renewable solutions
Imagine innovative and tailor-made solutions to support your company in delivering on your sustainability targets through the next step in renewable procurement. Since 2020, Statkraft has been offering 24/7 renewable solutions on an industrial scale including a highly credible and sustainability-driven concept for a 24/7 PPA for Mercedes-Benz in Germany.
100% renewable energy
100% of the time
When it comes to green energy around the clock, Statkraft is a pioneer and market leader in Europe: our portfolio of flexible and fluctuating renewable power plants allows us to supply power demand-based around the clock.
The concept can support the build-out of new solar and wind projects, actively helping to decarbonise the grid. It enables commercial and industrial companies to deliver on the high ambitions of moving towards and beyond 100 per cent renewable energy. Thanks to the link between production and consumption in real-time, 24/7 solutions offer the highest form of credibility in the market. This is certified thanks to hourly matching Guarantees of Origin or through an independent authority such as TÜV in Germany.
Over a century of experience at your fingertips: Statkraft has long been Europe’s largest renewable energy generator and we are actively investing to produce what the world needs most today – 100% renewable energy.
"Statkraft’s 24/7 renewable solutions support companies in delivering on their sustainability targets by supplying 100% renewable power 100% of the time. This way, corporates, industrials and commercial companies are empowered to make a highly credible claim with regards to their green value."
The solution in detail
For a tailor-made solution to be renewable 24/7, consumption and production are matched in real-time. With a classical renewable PPA, fluctuating sources like solar and wind can only cover part of the consumption profile of a consumer on an hourly basis. The consumer needs to buy the rest of the power in the spot market, where it will likely have a fossil fuel origin.
Statkraft’s flexible hydropower can be utilised to balance the differential, resulting in a customer being supplied by 100 per cent renewable power at every specific hour. With our hydropower portfolio, we are in a unique position to overcome an often-cited barrier to 24/7 renewable energy: the intermittency of wind and solar power production.
Benefits of Statkraft’s 24/7 renewable solutions
demand-based: matching your consumption needs precisely
choice of assets: renewable power from a single asset or a combination of assets
choice of scale: from a specific percentage of your power consumption up to an industrial scale
decarbonisation of the grid: development of new plants, repowering or extending the lifetime of a plant
Innovation, powered by Statkraft
We work with Eurelectric, the federation for the European electricity industry, and Energy Tag, an independent, non-profit, industry-led initiative to define and build a market for hourly electricity certificates, on setting global standards for energy certificates. Through our common work, we want to enable energy users to verify the source of their electricity and carbon emissions in real-time.Read more about the EnergyTag Initiative