Varanger Kraft is a municipal owned

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 four

hydroelectric power stations Hydroelectricity, or hydroelectric power, is electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other renewable sources combined an ...

producing 420

GWh A kilowatt-hour (unit symbol: kW⋅h or kW h; commonly written as kWh) is a unit of energy: one kilowatt of power for one hour. In terms of SI derived units with special names, it equals 3.6 megajoules (MJ). Kilowatt-hours are a common bil ...

per year through the subsidiary Pasvik Kraft, 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 the seven owner municipalities in Eastern

Finnmark Finnmark (; se, Finnmárku ; fkv, Finmarku; fi, Ruija ; russian: Финнмарк) was a county in the northern part of Norway, and it is scheduled to become a county again in 2024. On 1 January 2020, Finnmark was merged with the neighbouri ...

with 3,200 km lines and 16,000 customers, as well as retails power through Barents Energi. Head offices are located in

Vadsø Vadsø (; sme, Čáhcesuolu; fkv, Vesisaari) is a municipality in Troms og Finnmark County, Norway. The administrative centre of the municipality is the town of Vadsø, which was the administrative centre of the former Finnmark county. Other ...

. The company is owned by the municipalities of

Sør-Varanger Sør-Varanger ( sme, Máttá-Várjjat, fkv, Etelä-Varenki, fi, Etelä-Varanki, russian: Сёр-Вара́нгер/Syor-Varánger) is a municipality in Troms og Finnmark county, Norway. The administrative centre of the municipality is the town ...

(31.25%),

(21.88%),

Deatnu - Tana or is a municipality in Troms og Finnmark county, Norway. The administrative centre of the municipality is the village of Tana bru. Among the other villages in the municipality are Austertana, Bonakas, Polmak, Rustefjelbma, and Skiippagurra. ...

(12.50%),

Vardø ( fi, Vuoreija, fkv, Vuorea, se, Várggát) is a municipality in Troms og Finnmark county in the extreme northeastern part of Norway. Vardø is the easternmost town in Norway, more to the east than Saint Petersburg or Istanbul. The administra ...

(12.5%),

Båtsfjord Båtsfjord ( sme, Báhcavuotna) is a municipality in Troms og Finnmark county, Norway. The administrative centre of the municipality is the village of Båtsfjord (which is the only settlement remaining in the municipality). Båtsfjord Airport is ...

(9.38%),

Berlevåg ( sme, Bearalváhki) is a municipality in Troms og Finnmark county, Norway. It is located in the traditional district of Øst-Finnmark. The administrative centre of the municipality is the village of Berlevåg. There are two settlements in th ...

(6.25%) and

Nesseby or (also unofficially ''Uuniemi'' in Kven) is a municipality in Troms og Finnmark county, Norway. The administrative centre of the municipality is the village of Varangerbotn. Other villages in Nesseby include Gandvik, Karlebotn, Nesseby, an ...

(6.25%). It operates the power grid in the same municipalities. The four power stations are , Melkefoss, Skogfoss and .

History

The company dates back to 1938. It was made a

limited company In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by ...

in 1994, and in 2000 it bought the defunct mining company

Sydvaranger Sydvaranger AS, previously A/S Sydvaranger, is an iron ore mining company in Sør-Varanger, Norway. Since 2015 its mining operations have not restarted yet. Sydvaranger is owned by Tacora resources, and it owns an open-pit mine at Bjørnevatn. S ...

, that it later sold to Tschudi Group. In 2003 the company was transformed to a corporate model. {{Authority control Electric power companies of Norway Companies based in Finnmark Energy companies established in 1938 Norwegian companies established in 1938 Companies owned by municipalities of Norway Renewable resource companies established in 1938