• Councilor for Social Action Gabriel Fernàndez i Díaz from Sabadell municipality tested the service to call the different homes.

    Successful Start For Replication in Sabadell

    Replication is one of the important benefits within the Horizon 2020-programme which Triangulum and Lyse is a part of. Last month this actually happened when Lyses video conference service to end users was tested in Sabadell.

  • The grid is being updated

    Lyse with a net profit of NOK 1,1 billion in 2018

    Lyse-group had in 2018 a profit after tax of NOK 1,1 billion. The underlying operating profit amounts to NOK 3,1 billion which is an improvement of NOK 1,2 billion compared to 2017. The results reflect a record-high hydropower production and solid operational performance in all business segments.

  • Signering av kontrakt

    Lyse divest the remaining shares in Skangas

    Lyse have divested its remaining shareholding of 30% in Skangas AS to the Finnish stately owned company Gasum OY, which now owns 100% of the shares in Skangas.

  • Eskil

    Lyse at ONS: Smart balancing

    One of the world´s leading balance artists, Eskil Rønningsbakken, will perform at our stand to dramatize the role of hydro power in the future Europe.

  • Jæren

    Lyse achieves half-year result of NOK 520 million

    The Lyse group recorded a result of NOK 520 million during the first six months of 2018 compared with NOK 492 during the first half of last year.

  • Picture of Chief Executive Offer at Altibox, Thomas Skjelbred.

    Altibox breathes new life into TV

    Altibox went against the grain, and increased its TV distribution in 2017. "Traditional TV content on the big screen is in good shape", says Chief Executive Offer at Altibox, Thomas Skjelbred.

  • CEO Eimund Nygaard

    Lyse returns a profit of 1.9 billion

    The Lyse Group had a profit of NOK 1.9 billion in 2017. Underlying operating profit is at the level of 2016 and reflects good operational activity in all the business areas.

  • Eimund Nygaard is CEO at Lyse AS.

    Half year result 2017: 492 million

    - The result reflects good underlying operations within the business areas energy, telecom and electricity grid, and the result is in line with our expectations, says CEO Eimund Nygaard.

  • Eimund Nygaard. Foto.

    Half-year result 2016: 630 million

    The Lyse Group had an operating profit the first half year of 1290 million, an increase of 420 million compared with last year. The half year result is characterised by high power production, stable growth within telecommunications and power grid operations with few interruptions. Revenue of 51 per cent of the gain on the sale of the LNG plant in Risavika contributes 219 million in operating profit.

Financial information

Key figures

Tangible fixed assets by business area

Figures in NOK millions
Hydropower production 7524GWh
Measured efficiency transfer102,3%
EBITDA telecom1276MNOK

Figures from 2018. For supplementary information see the official financial statements

Current projects

  • A stronger central grid


    In recent years, Lyse and Statnett have been working to establish a new electricity supply to the region. Sør-Rogaland is one of the areas in the country with the worst electricity supply reliability.

  • Smart homes

    Light switch. Photo.

    Smartly is Lyse's new focus on making the home safer, simpler and more eco-friendly. The customer controls the lighting, heating, alarm and many more home functions from a single remote control in a tablet computer or smartphone.

  • New power plant in Lysebotn

    Lysebotn viewed from the sky

    Lyse is building a new hydroelectric power plant in Lysebotn that will replace the current power plant. The new power plant uses existing reservoirs and dams, but utilises the resources better and thus increases the generation of renewable energy. This is one of the biggest hydroelectric power projects in Norway.

  • Triangulum

    Triangulum. Illustration.

    Triangulum is Stavanger, Manchester and Eindhoven's joint project under EU's Horizon 2020 programme to develop smart solutions for a sustainable urbanisation in the future.

  • Automatic electricity meters


    Pursuant to the Norwegian Water Resources and Energy Directorate's regulation relating to AMS (automatic measurement systems), Lyse will be visiting all of its over 140,000 mains customers to install a new automatic electricity meter by 1 January 2019.

  • Hydroelectric projects


    Lyse aims to utilise the potential for profitable developments within hydroelectric power. In addition to the new power plant in Lysebotn several smaller projects are being reviewed. To qualify for the electricity certificate scheme the projects must be put into production during the course of 2020.

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