Salten Kraftsamband
Encyclopedia
Salten Kraftsamband or SKS is a Norwegian
power company
that operates eight hydroelectric power stations
with annual production of 1,770 GWh. Since 1997 the company has also sold power to end-users. Head offices are located in Fauske
.
The company is owned by the City of Bodø
(47.72%), Troms Kraft
(20.35%), Municipality of Fauske
(12.83%), Nordkraft (8.86%), Sjøfossen Energi (6.92%) and Skjerstad Kraftlag
(3.32%). DONG Energy bought its ownership from Elkem
and Meløy Energi while Narvik Energi bought it from Skjerstad Kraftlag and the Municipality of Sørfold. In 2010, DONG Energy sold its stake to Troms Kraft.
and Forså, Langvann, Sundsfjord and Oldereid power stations in Salten
. It also owns 58% of Rødøy-Lurøy Kraftverk and 60% of Nord-Norsk Vindkraft and part of Fauske Lysverk
.
and Fauske to create a power grid from the power stations in Sulitjelma to Outer Salten where the largest population was located. The municipalities had cooperates in building the power plants, but needed a separate company to transport the electricity. In the end of the 50s SKS built the Deja station. Still, the current structure of the company arose in 1975 with a merger of Salten Kraftlag. In the 1980s there was major work on creating a vertical integrated
power company for all of Salten, and in the long term a county municipality owned company for all of Nordland. But local fluctuation and concern for every petty local job made a consolidation
impossible. In 1991 the new energy law was passed, killing the process. In 2000 SKS tried to merge with Bodø Energi
and Fauske Lysverk
, but the fusion failed.
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
power company
Power Company
The Power Company was a team of professional superheroes-for-hire in the DC Comics universe. The team, created by Kurt Busiek and Tom Grummett, first appeared in JLA 61,...
that operates eight hydroelectric power stations
Hydroelectricity
Hydroelectricity is the term referring to electricity generated by hydropower; the production of electrical power through the use of the gravitational force of falling or flowing water. It is the most widely used form of renewable energy...
with annual production of 1,770 GWh. Since 1997 the company has also sold power to end-users. Head offices are located in Fauske
Fauske
is a town and municipality located in Nordland county, Norway. It is part of the Salten region. The administrative centre of the municipality is the town of Fauske with approximately 6,000 inhabitants....
.
Bodø
is a city and a municipality in Nordland county, Norway. It is part of the Salten region.The city of Bodø was established as a municipality on 1 January 1838 . Bodin was merged with Bodø on 1 January 1968. Skjerstad was merged with Bodø on 1 January 2005...
(47.72%), Troms Kraft
Troms Kraft
Troms Kraft is a power company that operates twelve hydroelectric power plants and the power grid in fifteen municipalities in Troms, Norway. The retail division has 100,000 customers and traded 5 TWh of electricity in 2006, in addition to 40 GWh of district heating. The company operates a...
(20.35%), Municipality of Fauske
Fauske
is a town and municipality located in Nordland county, Norway. It is part of the Salten region. The administrative centre of the municipality is the town of Fauske with approximately 6,000 inhabitants....
(12.83%), Nordkraft (8.86%), Sjøfossen Energi (6.92%) and Skjerstad Kraftlag
Skjerstad Kraftlag
Skjerstad Kraftlag was a power company that operated in the former municipality of Skjerstad, Norway with about 1,000 subscribers. It was owned by the municipality.-History:...
(3.32%). DONG Energy bought its ownership from Elkem
Elkem
Elkem is one of Norway's largest industrial companies, and one of the world's leading suppliers of metals and materials. The company's main products are aluminium, energy and silicon as well as specialised products such as ferrosilicon to foundries, microsilica and carbon...
and Meløy Energi while Narvik Energi bought it from Skjerstad Kraftlag and the Municipality of Sørfold. In 2010, DONG Energy sold its stake to Troms Kraft.
Operations
Salten Kraftsamband operates Daja, Fagerli, Lomi and Sjønstå power stations in SulitjelmaSulitjelma
Sulitjelma is a village in Fauske municipality in Nordland, Norway. The village has 481 residents . Sulitjelma is situated in a lush inland valley only 140 meters amsl along the shore of the Langvatnet lake. There are many old mines in the area. Sultitjelma are virtually sourrounded by mountains...
and Forså, Langvann, Sundsfjord and Oldereid power stations in Salten
Salten
Salten is a district in Nordland in North Norway, consisting of the municipalities Meløy, Gildeskål, Bodø, Beiarn, Saltdal, Fauske, Sørfold, Steigen and Hamarøy. The district borders Helgeland in the south , Ofoten in the north, Sweden in the east and Vestfjorden in the west...
. It also owns 58% of Rødøy-Lurøy Kraftverk and 60% of Nord-Norsk Vindkraft and part of Fauske Lysverk
Fauske Lysverk
Fauske Lysverk is a private power company that operates the power grid in Fauske, Norway with 6,000 customers and 440 kilometers of grid. The company does not have any of its own power production. The largest owner is the municipality , Bodø Energi and Salten Kraftsamband. Fauske Lysverk was...
.
History
SKS was founded in 1956 by the municipalities of Bodø, BodinBodin
Bodin is a parish and former municipality in Nordland county, Norway.-History:Bodin was established as a municipality January 1, 1838 . Some smaller parts of the municipality were transferred to the town of Bodø January 1, 1901 and July 1, 1938...
and Fauske to create a power grid from the power stations in Sulitjelma to Outer Salten where the largest population was located. The municipalities had cooperates in building the power plants, but needed a separate company to transport the electricity. In the end of the 50s SKS built the Deja station. Still, the current structure of the company arose in 1975 with a merger of Salten Kraftlag. In the 1980s there was major work on creating a vertical integrated
Vertical integration
In microeconomics and management, the term vertical integration describes a style of management control. Vertically integrated companies in a supply chain are united through a common owner. Usually each member of the supply chain produces a different product or service, and the products combine to...
power company for all of Salten, and in the long term a county municipality owned company for all of Nordland. But local fluctuation and concern for every petty local job made a consolidation
Consolidation (business)
Consolidation or amalgamation is the act of merging many things into one. In business, it often refers to the mergers and acquisitions of many smaller companies into much larger ones. In the context of financial accounting, consolidation refers to the aggregation of financial statements of a group...
impossible. In 1991 the new energy law was passed, killing the process. In 2000 SKS tried to merge with Bodø Energi
Bodø Energi
Bodø Energi is a municipal owned power company that serves Bodø, Norway. It operates the power grid with 24,000 customers in Bodø , as well as Heggmoen power station.-History:...
and Fauske Lysverk
Fauske Lysverk
Fauske Lysverk is a private power company that operates the power grid in Fauske, Norway with 6,000 customers and 440 kilometers of grid. The company does not have any of its own power production. The largest owner is the municipality , Bodø Energi and Salten Kraftsamband. Fauske Lysverk was...
, but the fusion failed.