OSLO, Norway, June 24, 2005 (PRIMEZONE) -- The board of Naturkraft AS has decided to realize the construction of Norway's first commercial onshore gas-fired power plant at Karstoe in Rogaland, western Norway.
Naturkraft is owned by Norwegian energy and aluminium group Norsk Hydro ASA and utility Statkraft AS, each holding a 50 percent stake.
The gas power plant, based on the most advanced technology available, will be the first of its kind in Europe with a filtering system for nitrogen oxides (NOx) emissions. The plant will be constructed for possible later installation of a gas scrubbing facility for carbon dioxide (CO2) emissions, if such technology proves technically and economically feasible.
Total investments for the project are estimated at just more than NOK 2 billion.
The plant is expected to start electricity production in the fall of 2007.
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Contact Tor Steinum Telephone +47 22532731 Cellular +47 95083933 E-mail Tor.Steinum@hydro.com