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Northvolt founder bets on new industrial project

Injured by Northvolt – it doesn't stop risk capitalist Harald Mix and his company Vargas from embarking on the next energy-intensive project, building an aluminum factory in Finland with lower carbon dioxide emissions than traditional manufacturing. Together with mining giant Rio Tinto, Finnish energy company Fortum, and Japanese Mitsubishi, plans are being made for an aluminum factory that will be operational by the end of the 2020s.

Northvolt founder bets on new industrial project

Harsh criticism of nuclear power plan: "Jubilation calculation"

The criticism is harsh against the government's proposal on how new nuclear power should be financed. It is a joy calculation, is too poorly investigated and the risk is great that other power sources are pushed aside when nuclear power is subsidized.

Harsh criticism of nuclear power plan: "Jubilation calculation"

Harsh criticism of how new nuclear power will be financed

The Government's plans on how new nuclear power will be financed receive harsh criticism. The Energy Market Inspectorate rejects the proposal entirely.

Harsh criticism of how new nuclear power will be financed

Halved profit for Fortum

The Finnish energy company Fortum reports an operating profit of 123 million euros (approximately 1. 4 billion kronor) for the third quarter of the year.

Halved profit for Fortum

Electricity may become three times more expensive this winter

Electricity can become really expensive in the winter when the new system for electricity transmission is introduced. Almost three times higher electricity prices can be the consequence, show test runs.

Electricity may become three times more expensive this winter

Telecom Company Pauses Collaboration with Telecom Service Company

More and more companies are choosing to temporarily suspend their collaboration with the criticized Effective Communication following the revelations about how the telecom company conducted sales of the Social Democratic Party's lottery tickets. Now, both Tele2 and Telia have decided to pause their collaboration with Effective Communication.

Telecom Company Pauses Collaboration with Telecom Service Company

Energy Company Pauses Collaboration with Telecom Company

The energy company Fortum is pausing its collaboration with the criticized Effective Communication following reports on how the telecom company has conducted sales of the Social Democratic Party's lottery tickets. "Given the additional information that has emerged about Effective Communication over the weekend, Fortum will pause its collaboration with the company with immediate effect", writes the company's press service in a statement to TT.

Energy Company Pauses Collaboration with Telecom Company

Nvidia new small investor favorite – overtakes Tesla

The AI-hype's big winner, American Nvidia, has ahead of this evening's quarterly report surpassed Tesla as the largest US stock among online broker Nordnet's customers. Now Nvidia is the ninth most owned on the entire platform, says Nordnet's savings economist Frida Bratt.

Nvidia new small investor favorite – overtakes Tesla

Fortum exceeds expectations

Finnish energy giant Fortum reports an operating profit of 240 million euros for the second quarter. It was lower than the same period the year before, but higher than the 194.

Fortum exceeds expectations

Vattenfall: Unclear if 80 öre is enough

The potential nuclear power plant builders, Vattenfall and Fortum, are of course positive to the proposal that the state takes a large part of the risk. However, whether the price guarantee of 80 öre per kWh is sufficient is uncertain.

Vattenfall: Unclear if 80 öre is enough

Fortum released cyanide into the water for months

High levels of the toxic substance cyanide have been released into the water from Fortum's Waste Solutions facility in Kumla for several months, according to [P4 Örebro](https://sverigesradio. se/artikel/fortum-slappte-ut-cyanid-i-vattnet-pagick-i-flera-manader).

Fortum released cyanide into the water for months