Hydro Energy strategy

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Hydro Energy strategy

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Insights

Aluminium

When you choose aluminium from Hydro, it's strong, light, durable and climate efficient, making you part of a smarter and more sustainable future. Our climate strategy is to cut our CO2 emissions 30% by 2030. Our aluminium can help you meet your goals, too.

Energy

With more than a century of experience in renewable energy, Hydro is one of the top three operators of power production in Norway, and a significant market player in the Nordics and Brazil. We are responsible for developing new business opportunities for Hydro within both renewable energy, hydrogen and batteries, and we provide support to the rest of Hydro’s business areas on contracts, security of supply and energy framework conditions.

Sustainability

Our purpose is to create a more viable society by developing natural resources into products and solutions in innovative and efficient ways. Our ambition is lifting profitability and driving sustainability, creating value for all stakeholders. To tackle our global challenges, the world needs to produce and consume in new ways. We want to contribute to creating a fair society and circular economy by producing responsibly, delivering circular solutions, making net-zero aluminium by 2050 or earlier, and producing and using more renewable energy.

Careers

At Hydro, we put our people at the center of everything we do. By supporting our employees’ growth professionally and personally, we are fostering a community of colleagues who are united in the shared purpose of solving our industries’ most pressing challenges.

Investors

We are a leading aluminium and renewable energy company that has created business opportunities for more than a century by developing products, solutions and industries that address global needs and demands. We supply low-carbon aluminium to customers worldwide and offer renewable energy solutions to industries that want to power manufacturing in a greener way.

Media

Working on a story about aluminium? Press releases, photos, stories, facts and figures – you will find everything you need here.

About Hydro

Hydro is a leading industrial company committed to a sustainable future. Our purpose is to create more viable societies by developing natural resources into products and solutions in innovative and efficient ways.

Energy’s strategic objectives can be summarized in the following three pillars:

To deliver value from strong performance and new business models in the power industry.
This means that our operations shall be “on the podium” measured in terms of cost, safety and environmental factors.
To be Hydro’s energy competence center, providing competitive sourcing and optimal energy system solutions.
Energy is a Center of Excellence for the rest of Hydro, helping other business areas in securing lower energy sourcing costs, lowered risk and increased use of renewables for a lower carbon footprint.
To build complementary new business in renewable energy to create and capture new value.
The transition from fossil to renewable-based energy systems creates new business opportunities, which Energy will capture through partnerships and strategic investments

Updated: July 26, 2021

It matters for the climate where materials come from and how they are produced. We can make low-carbon living possible – here is how.

As an aluminium producer, we take great interest in material selection and design. In this paper we want to share with you the knowledge and insights we have gained from our work with customers across the manufacturing industry, in order to better understand the role of design in general and aluminium in particular to accelerate a circular economy.