In 2012 ECOHZ managed a renewable energy portfolio of almost 48 TWh, making the company one of Europe’s largest independent suppliers.
ECOHZ’s portfolio includes guarantees of origin from more than 200 power plants, based on fixed supplier agreements with over 20 power producers. Many of the power producers are based in Norway, but during 2012 ECOHZ increased its offering of renewable electricity from power plants located in other European countries. The portfolio comprises renewable electricity generated from hydropower, wind power, biomass, solar power and geothermal sources. ECOHZ can offer renewable energy from environmentally certified power plants.
ECOHZ has focused on ensuring increased traceability and improved documentation in connection with the purchase of electricity with guarantees of origin, and it has established a broad product portfolio.
In partnership with DNV (Det Norske Veritas), ECOHZ has verified the company’s value chain, with the focus on tracing the flow of goods and funds.
In 2012 the company also resolved to participate actively in the new Norwegian-Swedish green electricity certificate market. The company succeeded in taking a significant market position in 2012.
The company was established in 2002, with support from nine Norwegian power companies, and was formally named "Enviro Energi". From the start, the business concept was to be a European provider of Guarantees of Origin and value-added services for renewable energy. In 2007, Home Capital AS acquired a majority stake and the company's name was changed to ECOHZ. ECOHZ currently has 16 employees and is based in Oslo, Norway and Geneva, Switzerland.
|Home Capital||50.91 %|
|Trønder Energi AS||12.44 %|
|Eidsiva Vankraft AS||12.44 %|
|Nordisk Industriutvikling AS||11.77 % (100 % Ove Gusvik)|
|Troms Kraft Handel AS||9.95 % (100 % Troms Kraft AS)|
|Troms Kraft AS||2.49 %|
The Board Of Directors
Stig Morten Løken