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  • 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.

  • Eimund Nygaard. Photo.

    2015 result: 708 million

    Lyse had a net profit of 708 million in 2015. Also last year was characterised by low power prices, and high production did not compensate for the drop in market prices for power. The telecom business area continues to grow, and has strengthened its market position also through last year.

  • Nordic Edge Expo.

    Microsoft ready for Nordic Edge

    The smart city event, Nordic Edge Expo, in Stavanger, Norway continues to grow following its successful start last year. Microsoft Europe joins forces to make Nordic Edge Expo the meeting place for everyone involved in smart cities and smart technology.

  • Nora Fanderl and Alexander Schmidt. Photo.

    Stavanger seen from the outside

    Representatives from the Fraunhofer Institute have for a week checked out Stavanger as a lighthouse city in the EU-funded smart city project Triangulum . – ‘Dugnad’ is a fine sum up word, they say.

  • Stavanger. Photo.

    Lyse in smart city program

    Innovation Norway launches its first FRAM Smart Cities initiative in Europe this week. Eight promising Norwegian technology companies are attending the first module in Barcelona, and five of them are from the Stavanger region.

  • Dr. Burton Lee. Photo.

    − The university is the engine

    The driver for economic growth in a region is the university, said the renowned Stanford professor dr. Burton Lee when he after an invitation from Lyse visited Stavanger.

  • Ivar Rusdal. Photo.

    More than 500 at Nordic Edge

    The theme smart cities and smart homes has drawn more than 500 guests to Nordic Edge Expo in Stavanger. The conference came to be in a short amount of time, but has managed a good programme and receives credits for great organization.

  • City center of Stavanger

    Millions in support for smart grid

    Lyse Elnett has received NOK 15 million in support from Enova for a project to build and test a smart grid – the electricity network of the future. A total of 30 network stations in central parts of Stavanger and Sandnes will become fully automated using the new technology.

  • Nordic Edge. Logo.

    Save the date for Nordic Edge

    The Nordic Edge Expo conference is arranged in Stavanger on the 17th and 18th of September. Its goal is to create an international arena for everyone interested in the development of smart homes and smart societies.

  • Eiund Nygaard. Photo.

    New name for Lyse

    The Lyse Group has gone from producing and distributing electricity to getting a strong foothold within telecom and IT. Therefore the group changes name from Lyse Energi AS to Lyse AS.

  • Eimund Nygaard. Foto.

    2014 result: 2,2 billion

    Lyse Group had a net profit of 2.2 billion in 2014. Divestment in the LNG business area and listing of unrealised foreign exchange gains on long-term power contracts contribute to an unusually high profit in a year characterised by low power prices.

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