Norway, Aug. 25 -- Statkraft and Hydro Energi have signed a long-term power purchase agreement (PPA) securing an annual supply of 876 GWh in the period from 2031 to 2040.The agreement secures a total supply of approximately 8.8 TWh over the contract period. The power will be delivered in Norwegian electricity price area NO5.In April 2026, Hydro and Statkraft also signed two long-term power purchase agreements for the total delivery of 0.9 TWh per year in 2029 and 2030, and 1.3 TWh per year in the period from 2031 to 2038. Long-term power contracts reduce risk for both industry and Statkraft. They provide predictable power prices, stable revenues and help strengthen industrial competitiveness, jobs and value creation.Hydro is pursuing a rang...