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 TWh 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. On June 22, 1919, the County of Nord-Trøndelag decided to found NTE and build a hydroelectric power plant at Follafoss in Verran. In 1923, the power plant started operations. In 1938, NTE made its first acquisition of a municipal power company, Stod electrical works. NTE gradually took over the municipal companies until it owned all the companies by 1989. This was due to a national encouragement from the authorities to create larger, vertical integrated power companies, preferably owned by counties and not municipalities, through the 1970s and 80s. Nord-Trøndelag is the only county that managed to create a fully vertical integrated power company that controlled the entire power grid and all production facilities throughout the entire country, and was wholly owned by the county municipality. The last purchase was Statkrafts ownership in the powerplants in Indre Namdal in 2004. On 5 October 2009, NTE and Østfold Energi announced that they, through their 50–50% joint venture Norsk Vannkraftproduksjon had bought the power stations Siso and Laksola from Elkem for NOK 4.3 billion. The shares are distributed between 23 owner municipalities in 2018. More information...
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