Lofotkraft is a municipally owned regional energy group based in Svolvær, Norway, owned by the six Lofoten municipalities Vågan, Vestvågøy, Flakstad, Moskenes, Værøy and Røst. The group’s societal mission is to secure everyday life by ensuring a stable electricity supply and high‑uptime fibre network for residents and businesses in Lofoten, while its business mission is to safeguard and develop value for its municipal owners. Its core operations are concentrated in Lofoten, where it operates the regional power grid and contributes to the wider green transition of the archipelago.
The group is organised into separate companies by business area. Elmea is the regulated distribution system operator responsible for operation, maintenance and reinforcement of the regional power network, including new 22 kV line and cable routes and substations to meet rising capacity needs. Lofotkraft Produksjon AS develops, operates and maintains hydropower assets in Lofoten, with nine wholly owned power stations supplying renewable electricity and providing important local security of supply. Lofotkraft Bredbånd builds and operates high‑speed fibre networks across Lofoten, while Aqila handles electrical installation services. Lofotkraft Muligheter works with research, innovation, and sustainable business development, and power retail is conducted through associated entities including Polar Kraft and earlier the Kraftinor joint venture with Narvik Energi. Lofotkraft also holds a 50 percent stake in the wind company Lofotkraft Vind.
Strategically, the group focuses on enabling a fully electric, climate‑friendly regional energy system. It is a key partner in the “Lofoten – De Grønne Øyene/Lofoten Green Islands” initiative, participates in the ZeroKyst programme to accelerate zero‑emission solutions for coastal fisheries and aquaculture, and supports projects such as shore‑power and charging infrastructure for vessels and fast‑charging for fishing boats. Lofotkraft has been ISO 9001 and ISO 14001 certified since 2010 and pursues continuous efficiency improvements in its hydropower operations and systematic reductions in its own greenhouse gas emissions, including phasing out high‑impact SF6 equipment in the grid.