Lofotkraft is a
power company
An electric utility is a company in the electric power industry (often a public utility) that engages in electricity generation and distribution of electricity for sale generally in a regulated market. The electrical utility industry is a major pr ...
that operates the
power grid
An electrical grid is an interconnected network for electricity delivery from producers to consumers. Electrical grids vary in size and can cover whole countries or continents. It consists of:Kaplan, S. M. (2009). Smart Grid. Electrical Power ...
in
Lofoten
Lofoten () is an archipelago and a traditional district in the county of Nordland, Norway. Lofoten has distinctive scenery with dramatic mountains and peaks, open sea and sheltered bays, beaches and untouched lands. There are two towns, SvolvĂ ...
,
Norway
Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the ...
as well as ten
hydroelectric power plants through the subsidiary Lofotkraft Produksjon. Since 1998 retailing of power has been managed by
Kraftinor, a
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...
with
Narvik Energi. It also owns half of
Lofotkraft Vind, along with Narvik Energi.
The company is owned by the six municipalities it operates the power grid in,
Vestvågøy
Vestvågøy is a municipality in Nordland county, Norway. It is part of the traditional district of Lofoten. The administrative centre of the municipality is the town of Leknes. Some of the villages in the municipality include Ballstad, Borg, ...
(41%),
VĂĄgan
Vågan ( sme, Vuogát) is a municipality in Nordland county, Norway. It is part of the traditional district of Lofoten. The administrative centre of the municipality is the town of Svolvær. Some of the villages in Vågan include Digermulen, ...
(41%),
Flakstad
Flakstad is a municipality in Nordland county, Norway. It is part of the traditional district of the island group Lofoten. The administrative centre of the municipality is the village of Ramberg. Other villages include Fredvang, Napp, Nusfjord ...
(6.5%),
Moskenes
Moskenes is a municipality in Nordland county, Norway. The municipality comprises the southern part of the island of Moskenesøya in the traditional district of Lofoten. The administrative centre of the municipality is the village of Reine. Ot ...
(6.5%),
Værøy
Værøy is an island municipality in Nordland county, Norway. It is part of the traditional district of Lofoten. The administrative centre of the municipality is the village of Sørland on the main island of Værøya. The other village in Væ ...
(3%) and
Røst
Røst is a small island municipality in Nordland county, Norway. It is part of the traditional district of Lofoten. The administrative centre of the municipality is the village of Røstlandet on the island of Røstlandet.
The island munici ...
(2%).
Electric power companies of Norway
Companies based in Nordland
Companies owned by municipalities of Norway
Year of establishment missing
Lofoten
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