Norway, July 1 -- Elkem and NTE have entered into a long-term power purchase agreement (PPA) for the period 2028 to end of 2037, with delivery in the NO4 price area in Norway.The PPA will be part of Elkem's total long-term contract portfolio, hedging Elkem's annual power consumption of 3.5 TWh in Norway. The contract volume is 300 GWh/year. Renewable power is key to producing silicon and silicon-based products with low CO2 emissions and is a central component of Elkem's climate roadmap to reach net-zero emissions by 2050. The carbon footprint of Elkem's Norway-produced silicon stands at about one third of the global average.The new contract with NTE supports long-term operations at Elkem's plant in Salten, located in Northern Norway. The pl...