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E-CO Energi AS
Besøksadresse:
C. J. Hambros plass 2C, Oslo
E-post: energi@e-co.no

Post- og fakturaadresse:
E-CO Energi AS
Postboks 1050 Sentrum
0104 OSLO
Tlf: 24 11 65 00
Faks: 24 11 65 01

Norway's second largest producer of hydroelectricity

E-CO is one of Norway's leading energy groups. Its core activities are the ownership and management of hydropower plants and consultancy services. The City of Oslo owns 100 % of the parent company, E-CO Energi AS.

The Raudal reservoir in Øvre Otta

E-CO Energi is Norway's second largest producer of hydroelectricity with a mean annual production of 9.7 TWh and a production capacity of approx. 2 800 MW. READ MORE

 

NEWS:

Performance in Q3 2011: High Q3 power production at E-CO Energi

Press release 08/11

E-CO Energi reported strong performance in Q3 2011. Power prices fell sharply during the quarter, but hedging and high production largely compensated for the price fall. The YTD profit after taxes was MNOK 655, down MNOK 55 from the corresponding period in 2010. Hydrological conditions have dominated the price trend thus far this year. The beginning of the year was dry and cold, leading to extremely high prices. The end of the year was characterised by a high inflow and low prices.

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Performance in H1 2011: Low production draws down H1 performance

Press release 06/11

E-CO Energi earned a satisfactory H1 result in 2011. The first-half profit amounted to MNOK 450, which was MNOK 160 lower than in 2010. The low reservoir levels early in the year meant that the Group's power production was substantially below normal. Power prices in the Nordic market were high, however, due to a severe hydrological deficit through most of first half.

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Performance in Q1 2011: Solid result for E-CO

Press release 04/11

E-CO posted a profit after taxes of MNOK 392 in Q1 2011. The Group achieved a high selling price during the period, but price hedging entailed a somewhat lower selling price than the record-high energy prices in the spot market. The selling price was also slightly lower than in Q1 last year. The profit was MNOK 126 lower than in Q1 last year, mainly due to significantly lower production volume.

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Annual report 2010

 



Annual report 2010
(6 Mb pdf)

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Web camera dam Stolsvatn

 

E-CO is building a new dam at Stolsvatn. Follow the construction work on web camera.

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Film about E-CO

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Watch this film about hydro power production, the Nordic power market and a presentation of E-CO Energi.

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