Lower power prices were offset by high production, said Statkraft chief Christian Rynning-Tønnesen. Photo: Hans Fredrik Asbjørnsen, Statkraft

Statkraft stable as output jumps

Statkraft AS said its three month underlying operating income fell by 4 percent to 3,530 million Norwegian kroner. An 18-percent increase in power generation offset a fall in power prices of 42 percent in the quarter.