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Vattenfall

Vattenfall

One of Europe’s largest generators of electricity and one of the largest producers of heat, 100%-owned by the Swedish state.

Vattenfall is one of Europe’s largest generators of electricity and one of the largest producers of heat. The company's main markets are the Nordic countries, Germany and the Netherlands. The Group has approximately 20,000 employees. The Parent Company, Vattenfall AB, is 100%-owned by the Swedish state, and its headquarters are in Solna, Stockholm, Sweden.

Vattenfall produces electricity from many types of energy sources, including hydro, nuclear, wind, solar, biomass, waste, coal and natural gas. They are actively phasing out fossil-based production and investing in a greater share of renewable generation.

Clean Concrete

A participant in the CemZero project for electrifying cement production.

Nuclear Power

Vattenfall is a major owner of nuclear power in Northern Europe with experience of nuclear operations, decommissioning and the management of radioactive waste and spent nuclear fuel. Vattenfall owns ten nuclear reactors, six of which are in commercial operation. Seven reactors are located in Sweden (four at Ringhals, three at Forsmark), and three in Germany (Brunsbüttel, Krümmel and a minority stake in Brokdorf).

The German government has decided to phase out nuclear power and Vattenfall's nuclear assets in Germany will be wound down in accordance with this decision.

In 2015, Vattenfall decided to close the two oldest reactors at the nuclear power plant Ringhals – Ringhals 2 in 2019 and Ringhals 1 in 2020. Over a period of ten years, Vattenfall has invested in extensive modernization programs so that Ringhals 3 and 4 and Forsmark 1, 2 and 3 are well prepared to operate for decades ahead.

In 2018, nuclear generation represented 42% of Sweden’s electricity production. Vattenfall's Ringhals and Forsmark nuclear reactors produced 55.2 TWh of Vattenfall's total electricity generation at 130.3 TWh.

Timeline

Patents

Further Resources

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News

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July 13, 2021
WebWire
In January, Preem and Vattenfall instigated a strategic analysis of the role of fossil-free hydrogen from electrolysis, produced using fossil-free electricity, could play for Preem's potential to produce biofuels on a large scale. The results for increasing Preem's production of biofuels in the next decade are very promising. Work continues to investigate the potential of the first 50 MW electrolysis plant at Preem's Lysekil refinery with the aim of moving on to the next phase during the...
June 28, 2021
WebWire
, , , , • Once fully commissioned it will be the largest offshore wind farm in the world , , • First offshore wind farm ever to be built without subsidies for the power produced , , • Vattenfall will use Hollandse Kust Zuid to supply fossil-free electricity to its customers in the Netherlands, BASF to support chemical production in sites across Europe , , , , , , BASF and Vattenfall have signed a contract for the purchase of 49.5% of Vattenfall's wind farm Hollandse Kust Zuid (HKZ) by BASF. The pur...
January 22, 2021
WebWire
Fortum, Statkraft and Vattenfall, the three largest Nordic energy utilities welcome the EU's revised 2030 climate target of at least -55% as a crucial step on the path towards 2050 climate neutrality. The three Nordic utilities want to highlight three key elements with regard to a swift adjustment of the EU 2030 climate and energy policy framework: 1) Strengthening and enlarging the EU ETS as a key driver for decarbonisation We fully agree with the Commission's commitment to the EU ET...
January 22, 2021
WebWire
The companies Shell, Mitsubishi Heavy Industries (MHI), Vattenfall and municipal company Wärme Hamburg are planning how they can jointly produce hydrogen from wind and solar power at the Hamburg-Moorburg power plant site and utilize it in its vicinity. To this end, the four companies have now signed a letter of intent. In addition to the construction of a scalable electrolyser with an initial output of 100 megawatts, the further development of the site into a so-called Green Energy Hub i...
Susanna Twidale
April 27, 2020
U.S.
Infrastructure fund Greencoat UK Wind PLC has agreed to buy the South Kyle wind farm in Scotland from developer Vattenfall for 320 million pounds ($397.66 million) once the farm begins operating in 2023, the companies said on Monday.
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