The Norwegian renewable energy company cited rising prices, cost reduction plans and lucrative transactions as the main reason for its positive update. The average Nordic energy price in the quarter was €47.7/MWh, an increase of 56% from the same period a year earlier.Norwegian power company Statkraft ended last year with a solid quarter which saw underlying EBIT of NOK4.9 billion (€502 million) - an increase of €157 million from the same period in 2017. Statkraft had EBIT of NOK15 billion for the full year, a rise from 2017's NOK10.8 billion. Profits before tax were NOK20.6 billion, the company ...Den vollständigen Artikel lesen ...