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Vattenfall Prepares Autumn Application as Sweden Backs Nuclear Expansion
The Government is now presenting its plan for financing new nuclear power – something that is welcomed by the industry. We are preparing ourselves to submit an application in the autumn, says Desirée Comstedt, responsible for the development of new nuclear power at Vattenfall.
Vattenfall to Build Germany's Largest Offshore Wind Farm by 2028
Vattenfall has made a final investment decision to build what will be Germany's largest offshore wind farm, the company writes in a press release. .
Fortum Advances Nuclear Power Plans in Sweden and Finland
The Finnish energy giant Fortum is moving forward with plans to potentially build new nuclear power in Sweden and Finland. Where a new facility in Sweden would be located is still unclear.
Vattenfall Explores Selling District Heating Operations in Europe
Vattenfall has initiated an evaluation of the ownership of district heating plants, writes the state-owned energy company in a press release. "This means that Vattenfall will investigate future alternatives, including possible divestment, for its district heating business in Sweden, the UK, and the Netherlands as part of its ongoing portfolio evaluation", writes Vattenfall.
Successful test project for storing hydrogen
The test project for storing fossil-free hydrogen in large rock caverns has been technically proven to work. The pilot project is now completed and reported to the Energy Agency, according to Vattenfall, which together with SSAB and LKAB is driving the so-called Hybrit project, which aims to produce fossil-free steel.
Vattenfall: No Nuclear Power Decision Before 2029
Vattenfall is expected to decide on whether to invest in new nuclear power first in 2029/30, writes SvD. .
Court Rejects Vattenfall Project
The Land and Environment Court at Umeå District Court rejects the state-owned energy company Vattenfall's application to rebuild Juktan's power station. Do it again and do it right, is the message from the court.
Lower electricity prices squeeze Vattenfall's profit
Vattenfall's profit fell during the fourth quarter. This is partly due to lower electricity prices, which have been symptomatic of the whole of 2024, says CEO Anna Borg.
Forsmark Reactor Delayed Further
After being under repair for five months, one of Forsmark's nuclear reactors was supposed to start today. However, the owner Vattenfall announced yesterday evening that the start of Forsmark 3 will be postponed further, to the night of 1 February, according to a notice to the electricity exchange Nord Pool.
Reporting the S-Leader to the Constitutional Committee
The Moderate Party reports S-leader Magdalena Andersson, formerly among others Finance Minister, to the Constitutional Committee (KU). The party believes that there are question marks surrounding the AP funds' investments in the crisis-stricken battery manufacturer Northvolt.
Power outages and fallen trees in the storm
It's storming heavily in large parts of northern Sweden on Friday. Thousands of households are without electricity, trees are falling over roads, and the rescue service is urging people to stay at home.
Nuclear Power Plant CEO Leaves Post
Björn Linde, CEO of the nuclear power plants Ringhals and Forsmark, is leaving his position, announces Vattenfall. .
Experts Expect Stock Market Boost and Dividend Bonanza
The stock market is expected to shake off concerns about the economy, inflation, tariffs, and wars. Professionals are counting on a dividend party ahead of this year's first reporting season.
The Electricity Year 2024 – the Lowest Electricity Price in Several Years
With more wind and sun in the power system, the price differences are increasing. Around eight percent of the year's hours had negative electricity prices this year.
New system: This is how you can lower your electricity bill
It will pay off to spread out your electricity consumption. Running the washing machine at night or, for example, heating up the summer cottage step by step will be cheaper than going full blast on the heaters.
Google buys electricity from Vattenfall's wind farm
Google has committed to buying electricity for 15 years from Zeevonk, a Dutch solar and wind power plant being built by, among others, Vattenfall. .
Investing in Sweden's largest hydroelectric power station
Vattenfall is investing 713 million kronor in Sweden's largest hydroelectric power station Harsprånget in Jokkmokk municipality. With the investment in a new transformer, control system and local switchgear, the power output can be increased slightly, by 15 MW to 826 MW.
This is how the electricity price affects your electricity bill.
This week's electricity price peaks hit households, but not equally hard for everyone. Depending on which electricity agreement you have, you will be affected in different ways, says Jens Berggren at Vattenfall.
Nuclear Power to Replace Nature Reserve
The planned new nuclear reactors at Ringhals will not fit. At least not if the nature reserve on the Väröhalvön is to remain.
No one wants to build Danish offshore wind power
A major failure for Danish wind power. It is clear since the bidding period ended on Thursday for building Danish offshore wind power.
Vattenfall stops carbon dioxide capture
The state-owned energy giant Vattenfall is stopping two investments in carbon dioxide capture in Jordbro in Haninge municipality outside Stockholm, as well as in Uppsala, reports [SVT Stockholm](https://www. svt.
Large electricity price differences – risk of gas price shock
Weather fluctuations are currently creating large price differences on the electricity market, notes Jonas Stenbeck, private customer manager at state-owned Vattenfall. And on the European continent, higher gas prices risk impacting southern Swedish electricity prices, he warns.
New plan for wind power – may delay expansion
The state is to decide where offshore wind farms are to be built in the future. But no economic support for wind power builders is included, according to the investigation presented on 13 December.
Vattenfall increases the electricity grid fee
Vattenfall is increasing the electricity grid fee – again. From the turn of the year, the fee for a villa customer who partially heats their house with electricity will increase by an average of 160 kronor per month.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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