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Vattenfall will construct Denmark’s biggest offshore wind farm

Swedish company Vattenfall has made known about its intention to build a 406MW offshore wind farm in Denmark.

read more... 03/06/2016

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Hydropower drives Vattenfall, Statkraft profits, Fortum hit by reduced prices

Sweden's Vattenfall and Norway's Statkraft registered higher first-quarter earnings on Thursday, sustained by higher hydropower production, while fossil-fuel reliant Finnish Fortum's profit dropped.

read more... 29/04/2016

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Vattenfall demands Sweden to abolish nuclear tax to save reactors

State-owned Swedish utility Vattenfall called on Wednesday to end tax on nuclear power in Sweden to avoid early closure of its loss-making nuclear reactors and probable increase in electricity prices.

read more... 28/04/2016

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Czech EPH will purchase Vattenfall's German lignite coal operations

Sweden's Vattenfall has decided in principle to sell its loss-making lignite coal mines and associated electricity plants in Germany to Czech investor EPH after two competitor bidders dropped out, as stated by three people familiar with the matter on Friday.

read more... 11/04/2016

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Vattenfall will construct 3.6 GW of offshore wind in UK

Sweden’s Vattenfall has begun plans for one of the biggest offshore wind farms in the North Sea. Norfolk Vanguard and bordering Norfolk Boreas will each have a capacity of 1.8 gigawatts. In the meantime, a new British study expects to reduce the cost of offshore wind to 12.8 cents, which would still lead to a quarter more expensive electricity than in Germany in spite of the better or equal conditions in the UK.

read more... 22/03/2016

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