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World’s first osmotic power prototype opens in Norway

OSLO, Norway, — Yesterday, Statkraft opened the world's first osmotic power prototype. The official opening was conducted by Her Royal Highness Crown Princess Mette-Marit of Norway.

The prototype generates power by exploiting the energy available when fresh water and seawater are mixed. Osmotic power is a renewable and emissions-free energy source that Statkraft has been researching for 10 years and that will be capable of making a substantial global contribution to eco-friendly power production.

"This new technology generates electricity simply by mixing water. New solutions to meet the climate challenges might be closer than we expect, which makes me confident that the future looks bright," says Statkraft CEO and President, Bard Mikkelsen.

"I want to congratulate Statkraft with the opening of the osmotic power prototype. Innovative energy solutions are essential to meet the climate challenges, and I am pleased that a Norwegian company is a front runner in developing these technologies," says Terje Riis-Johansen, Norwegian Minister of Petroleum and Energy.

"We appreciate that a major company like Statkraft invests in new, renewable solutions. We will work together with Statkraft to secure that the solutions also are sustainable solutions, says Rasmus Hansson, CEO of WWF Norway.

The prototype will have a limited production capacity and is intended primarily for testing and development purposes. The aim is to be capable of constructing a commercial osmotic power plant within a few years' time.

The global potential of osmotic power is estimated to be 1,600-1,700 TWh per annum, equivalent to 50 per cent of the EU's total power production. Osmotic power plants can, in principle, be located wherever fresh water runs into the sea; they produce no noise or polluting emissions and they can be integrated into existing industrial zones, for example, in the basements of industrial buildings.

Statkraft has been researching osmotic power since 1997 and has developed this prototype in cooperation with R&D organisations from many countries.

Statkraft is a large European renewable energy company. The group develops and generates hydropower, wind power, gas power and district heating, and is a major player on the European power exchanges.

For more information visit www.statkraft.com.

November 25, 2009  By Newswire



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