Statkraft and Alcoa sign new power agreements to secure energy supply for the aluminium plant in Southern Norway

Statkraft and Alcoa have signed two new power agreements securing approximately 4.8 TWh of electricity supply for Alcoa's aluminium plant at Lista, Norway during 2028-2031. The agreement supports continued operations following the recent successful restart of Production Line 2 to its 95,000 metric tonnes per annum nameplate capacity, and highlights the importance of predictable regulatory frameworks and long-term power access for power-intensive Norwegian industries.