Statkraft Varme AS
Statkraft Varme AS is a Norwegian district heating and cooling utility that operates 13 facilities across Norway and Sweden, producing 1.2 TWh of renewable thermal energy annually from waste heat, bioenergy, and groundwater for residential, commercial, municipal, and industrial customers.
- Company typePrivate
- Founded1982
- HeadquartersTrondheim, Norway
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Statkraft Varme AS does
Statkraft Varme AS is a Norwegian district heating and cooling utility that operates a network of 13 facilities across Norway and Sweden, producing 1.2 TWh of thermal energy annually. The company distributes heat and cooling through water-borne pipeline networks spanning 100+ kilometers across nine Norwegian municipalities (Trondheim, Harstad, Ås, Stjørdal, Namsos, Moss, Nannestad, Gardermoen, Sandefjord) plus four facilities in Sweden. Its core technology captures and redistributes waste heat from waste incineration, industrial processes (sawmills, food processing, logistics centers), bioenergy (forest chips, GROT, wood briquettes), groundwater, and seawater, supplemented by absorption, sorption, and seawater-based cooling systems. The largest facility, Heimdal Varmesentral in Trondheim, incinerates 210,000-225,000 tonnes of residual waste annually from 70 municipalities and is the site of a carbon capture and storage project with potential to remove one quarter of Trondheim's greenhouse gas emissions.
The company serves residential customers, housing cooperatives, businesses, and municipalities through exclusive concession-based geographic monopolies. Revenue is generated via usage-based pricing tied to local spot electricity prices, with monthly billing and tiered structures for residential (private), housing cooperatives (borettslag), and business (bedrift) customers. The go-to-market combines direct enterprise field sales, dedicated regional key account managers, energy advisory services for developers, and BREEAM certification support. Add-on services include construction heating (byggvarme), snow melting and road heating (gatevarme), floor heating, individual metering (Fjernvarme PLUSS), and energy data monitoring.
Statkraft Varme operates as a wholly-owned subsidiary of Statkraft AS, a publicly-traded Norwegian energy company. As of December 1, 2025, the company was reorganized into two new entities: Lunera Energi (Trondheim and Stjørdal operations) and Nordic Bioenergy AS (Harstad, Namsos, Gardermoen, Nannestad, Ås, Moss, and Sandefjord operations). At the time of restructuring, the company had approximately 150 employees across Norway and Sweden. Customer logos include Avinor (Oslo Airport), Statsbygg, Coop Norge, OBOS Block Watne, St. Olavs Hospital, NTNU, and Oslo Airport City.
Statkraft Varme AS firmographics
Firmographics- Name
- Statkraft Varme AS
- Legal name
- Statkraft Varme AS
- Website
- https://statkraftvarme.no
- Company type
- Private
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Statkraft Varme AS is a Norwegian district heating and cooling utility that operates 13 facilities across Norway and Sweden, producing 1.2 TWh of renewable thermal energy annually from waste heat, bioenergy, and groundwater for residential, commercial, municipal, and industrial customers.
- Ownership category
- akta.pro rank
Statkraft Varme AS industry classification
Industry- Product category
- District Heating and Cooling Services
- NAICS
- Steam and Air-Conditioning Supply (221330), Solid Waste Combustors and Incinerators (562213), Biomass Electric Power Generation (221117)
- SIC
- Cogeneration Services & Small Power Producers (4991), Steam & Air-Conditioning Supply (4961)
- akta.pro primary industry
- Waste-to-Energy CHP & District Heating Integration (Heat offtake systems) (EUAAAKAH)
- akta.pro secondary industries
- Waste-to-Energy (WtE) Incineration & Power/Heat Generation (EUAIACAG), Municipal Solid Waste (MSW) Incineration & Energy Recovery (EUACAIAA), Heat Recovery & Thermal Integration for Biomass Plants (Economizers, ORC, Heat Exchangers) (EUAAAGAL), Waste Heat Recovery & Heat Integration (HRSG/ORC, Pinch Analysis, Heat Exchangers) (EUABAJAF)
Keywords
Where Statkraft Varme AS is headquartered
LocationHeadquarters
- HQ city
- Trondheim
- HQ country
- Norway
- HQ region
- Europe
Offices10 records
Markets served
Statkraft Varme AS business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- District Heating Sales: Revenue generated from selling district heating (fjernvarme) to residential, commercial, and industrial customers. Pricing follows spot electricity prices in the local area, plus a network fee component. For residential customers, billing is based on consumption measured by meters, with options for individual or collective metering.
- District Cooling Sales: Revenue from providing district cooling services to commercial buildings, including office buildings and industrial facilities. Cooling is delivered through dedicated cooling networks using absorption cooling, groundwater cooling, and sorptive cooling technologies.
- Building Heat Services: Revenue from providing temporary heating (byggvarme) for construction sites during building phases. This includes connection to the district heating network for construction heating purposes, supporting fossil-free construction sites.
- Snow Melting and Road Heating: Revenue from providing gate heating and snow melting services for outdoor areas including sidewalks, sports fields, and public squares, utilizing return water from the district heating system.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Monthly | Residential customers (Private customers) |
| Usage-based | Monthly | Housing cooperatives (Borettslag) |
| Usage-based | Monthly | Business customers (Bedrift) |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
Statkraft Varme AS product offering
Product offeringCore offering
Statkraft Varme operates centralized district heating (fjernvarme) and district cooling networks across 13 facilities in Norway and Sweden, producing 1.2 TWh of thermal energy annually. The company captures waste heat from waste incineration, bioenergy combustion, industrial surplus heat, and groundwater sources, distributing it through insulated water-borne pipe networks to residential, commercial, industrial, and municipal buildings. Supplementary services include construction heating, snow melting, building cooling, individual metering, and energy data analytics.
Product overview
Statkraft Varme AS operates a unified district heating platform that distributes renewable thermal energy through insulated pipe networks to residential and commercial customers across Norway. The core product is Fjernvarme (district heating), supplemented by the water-borne heat delivery system (Vannbåren varme). Add-on modules include: Byggvarme for temporary construction heating, Kjøling/Sorptiv kjøling/Absorpsjonskjøling for building cooling, Gatevarme and Gulvvarme for specialized heating applications, Individuell måling and Energidata for metering and analytics, Hvitevarer for connected appliances, and Fjernvarme PLUSS as a bundled service program. Customer-facing portals Min Side and EnergiGuiden provide account management and energy monitoring. The company also offers professional training through Fjernvarmekurs.
Differentiator
Problem solved
Functional benefit
Products and services
- Fjernvarme (District Heating) Centralized heating system that distributes thermal energy from waste combustion, bioenergy, and excess industrial heat through insulated pipes to residential and commercial buildings for space heating and domestic hot water. Available across nine Norwegian municipalities plus four Swedish facilities.
- Vannbåren varme (Water-Borne Heat Distribution) Radiant heating delivered via water-filled pipes installed in floors, radiators, or fan coils, also usable for building heat, snow melting, and summer cooling. The main delivery technology for Statkraft's district heating facilities.
- Byggvarme (Construction Site Heating) Temporary heating solution for construction sites using district heating to dry concrete and materials during Norway's cold climate, enabling fossil-free construction sites for developers and builders.
- Fjernkjøling (District Cooling) Building cooling delivered via water-borne systems using sorption, absorption, and groundwater-based technologies, including dedicated networks at Holtermannsvegen (1.5 MW expanding to 3 MW) and Gardermoen (planned 16 MW by 2037).
- Sorptiv kjøling (Sorptive Cooling) Environmentally friendly cooling technology where air is first dried using district heating, then humidified with water that evaporates to lower temperature, suitable for buildings with ventilation-based cooling needs.
- Absorpsjonskjøling (Absorption Cooling) Eco-friendly cooling solution using absorption to achieve evaporation at low pressure, covering all cooling and freezing needs with about 1% of the cooling capacity required in electricity. Demonstrated at Signalbygget Trondheim with Enova support.
- Gatevarme (Road and Surface Heating / Snow Melting) Water-borne heating for outdoor areas such as sidewalks, sports courts, stairs, and public squares to keep them free of snow and ice, preventing accidents and eliminating the need for plowing and salting. Uses return water from the district heating network.
- Gulvvarme (Water-Borne Floor Heating) Water-borne radiant floor heating considered the most comfortable heating option for indoor climate, cost-effective both to install and operate, and compatible with district heating connections for new and existing buildings.
- Individuell måling (Individual Apartment Metering) Statkraft-owned, operated, and maintained ultrasonic heat meters in each apartment providing automatic consumption measurement and individual billing as part of the Fjernvarme PLUSS program, enabling 20-30% energy savings versus collective metering.
- Energidata (Energy Data Analytics) Energy monitoring and analytics service for commercial buildings and businesses, enabling customers to track consumption, identify efficiency measures, and reduce costs and climate footprint.
- Hvitevarer (District Heating-Powered White Goods) Household appliances such as dishwashers and washing machines that can be powered by district heating, reducing washing time and electricity consumption.
- Fjernvarme PLUSS (Bundled Service Program) Value-added service program combining smart energy solutions with district heating for residential customers, including individual metering, customer portal access, and technical support for simplified and safe water-borne energy choices.
- Kundesentral (Customer Substation) Heat exchanger stations where energy from district heating water is transferred to the customer's heating system, available as turnkey solutions for existing buildings or new construction.
- Fjernvarmekurs og Utdanning (District Heating Training and Certification) Certification and education programs for district heating professionals, including webinars and specialized training courses for energy advisors and developers.
Quantifiable outcome
- Trondheim facility covers approximately 30% of the city's heating needs
- +6 more outcomes
Companies that use Statkraft Varme AS
Customer profileNamed customers20 records
Ideal customer profiles4 records
Statkraft Varme AS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature9 records
Statkraft Varme AS partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Coop NorgecoreCoop and Statkraft Varme signed an agreement for utilizing waste heat from Coop's logistics center (CLog) at Gardermoen. Coop invested NOK 100 million in climate-friendly energy technology. The CLog produces 20-25 GWh of waste heat annually, equivalent to heating needs of 2,500 single-family homes. Statkraft developed and delivers a sustainable, future-oriented, and flexible energy solution for the area through a low-temperature district heating network.
- Oslo Airport Citycore5-year collaboration agreement (with extension option) to develop sustainable energy solutions for the Oslo Airport City development of 1+ million square meters. Statkraft develops and delivers district heating and cooling infrastructure, including low-temperature networks utilizing waste heat. Partnership aims to utilize waste heat from Coop's logistics center and provide district cooling based on free cooling.
- EnovaminorEnova provided support for absorption cooling technology at Signalbygget in Trondheim. The technology demonstration project has potential for the grocery and logistics industries in Norway.
- OBOS Block WatneminorDeveloper of Tiller Hageby residential project with 123 apartments utilizing Statkraft's 3-pipe solution and individual metering. Each resident pays for their actual consumption through Statkraft's measurement system.
- StatsbyggminorGovernment construction client for NTNU and Studentskipnaden's new central building (18,000 m2) in Trondheim. Building aims for BREEAM Excellent and ZEB certifications using district heating for construction and permanent heating.
- BackeminorConstruction contractor for Statsbygg project. Selected district heating as the source for building heating, replacing the original heat pump solution to avoid overloading the electrical grid on cold days.
- Marius Listerud (Oslo Airport City)minorContact person for Oslo Airport City partnership collaboration.
- Bravida Trondheim VVS (Oras)minorPlumbing contractor that implemented the 3-pipe solution in Tiller Hageby project, choosing the recommended solution from Statkraft with a heat exchanger in each apartment.
- K. LundminorPlumbing company now primarily designs and builds with 3-pipe solutions due to the advantages described by Statkraft.
- Geomatikk ASminorThird-party service provider managing excavation mapping requests for Statkraft's district heating network. Contractors should contact Geomatikk via www.gravemelding.no before excavation work.
Scale indicators17 records
Recent moves8 records
Expansion highlights6 records
Statkraft Varme AS competitors and assessment
Company assessmentRegional players
- Helen (Helsinki Energy): Finnish municipal energy company operating the Helsinki district heating and cooling network using CHP, biomass, and heat pumps. Comparable district heating/cooling platform with similar fuel mix and customer base, but serving a different capital city.
- Dalkia (EDF): France's leading district heating network operator (part of EDF group), operating urban heating and cooling networks across France and parts of Central Europe. Comparable district heating business model but focused on a different geographic market.
Direct peers
- Lyse Energi: Norwegian energy group operating district heating in Stavanger/Sandnes region alongside its core power and telecom businesses. Highly comparable as a Norwegian district heating utility serving municipalities with a mix of waste-heat, bioenergy, and electricity assets.
- Kraftringen: Swedish district heating and energy utility operating in Skåne and southern Sweden. Comparable offerings of district heating, district cooling, biomass-fired plants, and energy advisory services to developers and municipalities.
- Göteborg Energi: Municipal energy company serving Gothenburg with district heating (including waste incineration), district cooling, and gas networks. Comparable integrated heat/cooling and waste-to-energy platform serving a major Nordic urban area.
- Eidsiva Energi: Norwegian regional energy company with district heating operations in the inland region (Hamar, Gjøvik, Lillehammer). Similar municipal concession model, bioenergy-fired heating plants, and Nordic district heating economics.
- Stockholm Exergi: Sweden's largest district heating utility, operating extensive CHP and bioenergy-based networks in Stockholm. Comparable business model of waste-to-energy, biomass CHP, and district heating distribution at urban scale.
Broad incumbents
- Hafslund: Norway's largest district heating operator based in the Oslo region, part of the Infranord portfolio. Broader incumbent with extensive network density, broader municipal relationships, and overlapping service offerings including bioenergy and waste-heat capture.
- Fortum: Nordic energy major with substantial district heating operations in Finland, the Baltics, and Poland. Broader incumbent with similar CHP and biomass district heating model at international scale, but with a wider portfolio of generation and retail.
- Vattenfall: Swedish state-owned energy major with significant district heating activities in Sweden, Germany, and the Netherlands. Comparable in biomass-CHP and waste-heat-based district heating but operates across a much broader generation and retail portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Statkraft Varme AS social profiles
Digital presenceStatkraft Varme AS financial estimates
Financial estimateRevenue estimate
Valuation estimate
Statkraft Varme AS leadership team
Management profileNumber of profiles
Profiles11 records
Statkraft Varme AS subsidiaries and ownership
Company hierarchySubsidiaries1 record
Statkraft Varme AS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Statkraft Varme AS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Statkraft Varme AS
What does Statkraft Varme AS do?
Statkraft Varme operates centralized district heating (fjernvarme) and district cooling networks across 13 facilities in Norway and Sweden, producing 1.2 TWh of thermal energy annually. The company captures waste heat from waste incineration, bioenergy combustion, industrial surplus heat, and groundwater sources, distributing it through insulated water-borne pipe networks to residential, commercial, industrial, and municipal buildings. Supplementary services include construction heating, snow melting, building cooling, individual metering, and energy data analytics.
Is Statkraft Varme AS a public or private company?
Statkraft Varme AS is a private company. It is classified as corporate owned and is currently operating.
When was Statkraft Varme AS founded?
Statkraft Varme AS was founded in 1982. It employs 1 to 10 people.
Where is Statkraft Varme AS based?
Statkraft Varme AS is headquartered in Trondheim, Norway, in the Europe region.
How does Statkraft Varme AS make money?
Four revenue lines are on record. District Heating Sales are the primary driver. The others are district Cooling Sales, building Heat Services and snow Melting and Road Heating.
Who are Statkraft Varme AS's main competitors?
Regional players on record are Helen (Helsinki Energy) and Dalkia (EDF). Direct peers are Lyse Energi, Kraftringen, Göteborg Energi, Eidsiva Energi and Stockholm Exergi. Broad incumbents are Hafslund, Fortum and Vattenfall.
Does Statkraft Varme AS have an API?
No public API is recorded for Statkraft Varme AS.
What industry is Statkraft Varme AS in?
Statkraft Varme AS's product category is District Heating and Cooling Services. Its primary akta.pro industry code is EUAAAKAH, Waste-to-Energy CHP & District Heating Integration (Heat offtake systems), with a secondary code of EUAIACAG, Waste-to-Energy (WtE) Incineration & Power/Heat Generation. Its NAICS code is 221330 and its SIC code is 4991.