Trondheim Energiverk
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Trondheim Energiverk
Trondheim Energi, formerly Trondheim Energiverk, was a Trondheim, Norway-based power company and a subsidiary of Statkraft. The company owned the power grid and district heating in Trondheim and Klæbu, fourteen hydroelectric power plants in Nea and Nidelva, and five partially owned power plants in the Orkla Valley. History Trondheim Energi was founded in 1901 as Trondhjems Elektricitetsværk og Sporvei to build a power plant in Øvre Leirfoss and operate the Trondheim Tramway. In 1921 the company was split into Trondheim Energiverk (TEV) and Trondheim Sporvei, the latter with responsibility for the tramway. In 1952 TEV and Stockholm Elverk made an agreement where they would cooperate in building the Nea power plant. The agreement included exchange of power with Sweden. In 1982 the district heating system was decided built by the city council, with operation starting in 1986. In 1997 the company was reorganized as a limited company and in 1999 as a corporation. In 2002 Trondh ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Trondhjems Elektricitetsværk Og Sporvei
Trondhjems Elektricitetsværk og Sporvei was a municipally owned power company and tram operator in Trondheim, Norway between 1901 and 1936 when the company was split in Trondheim Energiverk (TEV) and Trondheim Sporvei. The company was founded on November 4, 1901, to build a hydro electric power plant at Øvre Leirfoss and the Trondheim Tramway that replaced the old horse omnibus service from 1893. Through the company the tramway in Trondheim was expanded to Elgeseter with Elgeseterlinjen in 1913 and to Trondheim Central Station. The company was organised as a municipal agency. Today both the successors of the company are owned by the Government of Norway with TEV being a subsidiary of Statkraft while Trondheim Sporvei now is part of Team Trafikk, a subsidiary of Nettbuss Vy Buss, formerly branded as Nettbuss, is the largest bus company in Norway, owned by Vy. It was established on 10 February 2000 as the continuation of the bus operations from former NSB Biltrafikk. In additi ...
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Energy Companies Disestablished In 2010
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ...
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Energy Companies Established In 1901
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ...
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