Statnett is a Norwegian state owned enterprise responsible for owning, operating and constructing the stem power grid in Norway. The company has its headquarters in Oslo, Norway.
Statnett also owns 50% of the Nordic power exchange Nord Pool along with Svenska Kraftnät.
The power grid in Norway is divided into three sectors: the stem net, the regional net and the local net. While it is often local, municipalities
who own the regional and local net, the government through Statnett owns 85% of the stem net. The stem net typically has 300 to 420 kilovolts
(kV) and is used to transport electricity large distances.
There are a number of international power cables from Norway to abroad, including lines to Sweden (3600 MW), Finland (120 MW), Russia (50 MW), Denmark (1000 MW sea cable) and a 650 MW cable to the Netherlands, the NordNed-cable, opened in 2008.
Statnett's operations were originally part of Norges vassdrags- og energiverk
(NVE). In 1986
NVE was split in an operation company, Statskraftverkene and a directorate, Norges vassdrags- og energidirektorat
. Statskraftverkene was split into Statnett (power grid) and Statkraft
(production) in 1992