Oldereid Hydroelectric Power Station

[3] The plant utilizes a drop of 321 meters (1,053 ft),[2] drawing water from the watercourses of the Oldereid[4] and Skred rivers.

The plant has a single turbine with an installed capacity of 12 megawatts (16,000 hp) and an average annual production of about 60 gigawatt-hours (220 TJ).

[2] The owner has obtained a license for further development, and water from two more lakes, Tindvatn and Lurfjellvatnet, will be transferred to the power plant.

In 1945, the municipalities of Bodø, Skjerstad, Fauske, Saltdal, and Sørfold started negotiations on building a conventional hydroelectric power station.

Storage basins were created on the hill above the plant, Enghammeren, with the transition to turbine pipes located along the mountainside.