Power supply capacity for the first two build-out phases

Bue began groundwork activities at Lutelandet in November, based on a calculated risk related to the outcome of the grid connection process. 

– We chose to start the work with confidence that we would succeed in securing sufficient grid capacity to initiate land-based salmon production at Lutelandet, says CEO Knut Eikeland. 

Bue has maintained close dialogue with BKK over time regarding the possibility of a “conditional connection,” and the agreement has now been formally signed. 

– The collaboration with BKK has been very positive for Bue Salmon. This is particularly noteworthy at a time when many new Norwegian industrial projects are facing major challenges related to limited power grid capacity, says Eikeland. 

– Through this agreement, we secure sufficient grid capacity for the first two construction phases at Lutelandet, making it possible to continue advancing the project toward full financing. 

Photo: Bue Salmon/ Knut Eikeland, CEO

Knowledge-Based Development and Pilot Experience 

Through the operation of its pilot facility in Bulandet, Bue Salmon has built substantial technical and operational expertise. The experience gained from the pilot operation has been carried forward into the development and design of the solutions at Lutelandet. 

In its assessment of Bue under the “conditional connection” scheme, BKK has among other factors emphasized the company’s documented operational experience and knowledge base. 

– There is significant demand for grid capacity, and in many areas access to electricity is limited. That is why we actively work to find good solutions together with our customers. Conditional connection is an important tool for utilizing capacity more efficiently and enables more projects to get started sooner. Bue Salmon demonstrates a proactive and solution-oriented approach, and with this agreement they can gain access to power at Lutelandet far earlier than if they had waited for traditional grid reinforcements, says Energy Coordinator Ann-Mari L. Knudsen at BKK.

Foto: Bue Salmon/ Lutelandet

Supporting Industrial Development in an Area with Significant Potential

Lutelandet Industrial Park is well suited for land-based salmon farming, with an established industrial area, local renewable energy production from wind turbines, and highly favorable natural conditions for aquaculture. 

For Bue, the agreement with BKK means that the work of developing local value creation based on the company’s 50,000-tonne license and the natural advantages of Lutelandet can now continue at full strength.

For further information, please contact: 

Knut Eikeland, CEO
Email: knut.eikeland@buesalmon.com
Phone: +47 90 97 70 18 

About Bue

Bue Salmon is a company developing large-scale land-based salmon farming. The company was established in 2015 and operates a pilot facility in Bulandet with an annual production capacity of just under 2,000 tonnes. Bue is headquartered in Florø. 

At Lutelandet, Bue is developing a significantly larger land-based grow-out facility, with a long-term target of a total annual production of approximately 50,000-60,000 tonnes of salmon.