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Power Restored in Mölndal After Substation Fire Causes Outage
Sweden News

Power Restored in Mölndal After Substation Fire Causes Outage

The power outage in Mölndal is over, according to Mölndal Energi as reported by TV4 News. Around 23,000 customers were left without power after a fire in a substation
Vattenfall Invests 630 Million Kronor in Sweden's Largest Hydropower Station
Business News

Vattenfall Invests 630 Million Kronor in Sweden's Largest Hydropower Station

Vattenfall is investing an additional 630 million kronor in Sweden's largest hydroelectric power station. It is the second step in an investment totaling 1
Vattenfall's Record Power Grid Investment May Lead to Higher Fees
Business News

Vattenfall's Record Power Grid Investment May Lead to Higher Fees

State-owned Vattenfall is making a record investment in the expansion of the power grid. And it's likely that customers will have to foot the bill in the form of continued price increases
Sweden's Riksdag to Vote on Financing New Nuclear Power
Business NewsTop News

Sweden's Riksdag to Vote on Financing New Nuclear Power

Today, the Riksdag is expected to pass what could become one of Sweden's most expensive investments in modern times – the financing of new nuclear power. Here are all the uncertainties and challenges that await
Vattenfall Faces Profit Decline as Nordic Electricity Prices Drop
Business News

Vattenfall Faces Profit Decline as Nordic Electricity Prices Drop

It was a significant profit decline during the first quarter for the state-owned energy company Vattenfall, shows the company's quarterly report.
Few Clear Losers in Swedish Companies' Report Season So Far
Business News

Few Clear Losers in Swedish Companies' Report Season So Far

Two weeks of report flood have so far not revealed any clear losers among Swedish listed companies. The order intake has actually been quite good in many cases
Ebba Busch Open to Cooperation with Sweden Democrats
Sweden News

Ebba Busch Open to Cooperation with Sweden Democrats

She was the one who opened up for the bourgeoisie's cooperation with SD. After ten years as the Christian Democrats' party leader, Ebba Busch wants to continue being a breakthrough and can become the one who first says yes to the party in government
Swedish Industry Leaders Eye Co-Ownership in New Nuclear Venture
Business News

Swedish Industry Leaders Eye Co-Ownership in New Nuclear Venture

Vattenfall is starting a separate nuclear power company and is on its way to bringing in Volvo, ABB, SSAB and other industrial giants as co-owners. It facilitates that those who want the electricity are also owners, according to Desirée Comstedt, head of new nuclear power at Vattenfall
Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact
Business News

Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact

The stronger krona is expected to have hit hard against Swedish export companies during the first quarter. But what is waiting around the corner is more unclear than in a long time after Trump's tariff shock
Wind Farm Cable Approval Granted but Vattenfall Faces Cost Hurdle
Business News

Wind Farm Cable Approval Granted but Vattenfall Faces Cost Hurdle

The Government grants permission for the power cables to a new offshore wind farm outside Falkenberg. But Vattenfall will have to foot the bill – which means the project may never happen
Vattenfall Prepares Autumn Application as Sweden Backs Nuclear Expansion
Business News

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
Business News

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
Business News

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
Business News

Vattenfall Explores Selling District Heating Operations in Europe

Successful test project for storing hydrogen
Business News

Successful test project for storing hydrogen

Vattenfall: No Nuclear Power Decision Before 2029
Business News

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
Business News

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
Business News

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
Business News

Forsmark Reactor Delayed Further

Reporting the S-Leader to the Constitutional Committee
Sweden News

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
Sweden News

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
Business News

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
Business NewsTop News

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
Business NewsTop News

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
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