Nord-Trøndelag Elektrisitetsverk
 |
|
| Aksjeselskap | |
| Industry | Power |
| Founded | 1923 |
| Headquarters | Steinkjer, Norway |
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Area served
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Nord-Trøndelag |
|
Key people
|
CEO/President: Christian Stav Chairman of the Board of Directors: Bjørnar Skjevik |
| Products |
Electricity Broadband District heating |
| Revenue |
 NOK 1,809 million (2005) |
| NOK 694 million (2005) | |
|
Number of employees
|
950 (2006) |
| Parent | Nord-Trøndelag County Municipality |
| Website | http://www.nte.no http://timeline.nte.no |
Nord-Trøndelag Elektrisitetsverk or NTE is a power company serving Nord-Trøndelag in Norway and owned by Nord-Trøndelag county municipality. NTE is one of the largest producers of electricity in Norway, with an annual production of 3,4 GWh per year (2013). In addition the company is a provider of electrical installation and electrical application retailing as well as optic fiber broadband. The company has its headquarters in Steinkjer.
NTE operates 22 hydroelectric power plants, two wind farms and one bioenergy plant, totaling an annual electricity production of 3,4 GWh, about 4% of the total electricity production in Norway. The hydro plants are mostly located in Indre Namdal, Meråker, Mosvik and Verran. NTE's largest plant is the one at Tunnsjødal with an annual production of 840 GWh/year. The bioplant is located in Inderøy while the two windmill parks are located at Hundhammerfjellet and Vikna.
NTE owns the power grid in the entire county. Despite the market being deregulated so anyone can purchase from any supplier in the country, NTE has remained a market share of 96%. The ownership and operations of the power grid was transferred to the subsidiary NTE Nett AS in 2006.
The company also construct a network of primarily optical fiber based broadband supplemented with ADSL to all households in Nord-Trøndelag though the subsidiary NTE Bredbånd AS.
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Wikipedia