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.
BusinessThe 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. The risks are high, says Karl Hedberg, stock manager at Carnegie Private Banking.
BusinessThe 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.
BusinessThe 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.
BusinessVattenfall has made a final investment decision to build what will be Germany's largest offshore wind farm, the company writes in a press release.
BusinessThe 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. We are looking at different locations, says Jesper Marklund, Fortum's responsible for the development of new nuclear power in Sweden.
BusinessVattenfall is expected to decide on whether to invest in new nuclear power first in 2029/30, writes SvD.
BusinessThe 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.
BusinessVattenfall'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.
BusinessThe 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. The Social Democrats call the report frivolous.
Swedish politicsIt'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.
SwedenBjörn Linde, CEO of the nuclear power plants Ringhals and Forsmark, is leaving his position, announces Vattenfall.
BusinessThe 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. And the stock market year is looking significantly brighter than 2024.
BusinessWith 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. Despite the war headlines with soaring prices last week – 2024 became the cheapest electricity year since 2020.
BusinessIt 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. From the turn of the year, the electricity giant Ellevio is changing how the company charges its customers.
BusinessGoogle has committed to buying electricity for 15 years from Zeevonk, a Dutch solar and wind power plant being built by, among others, Vattenfall.
BusinessThis 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.
BusinessThe planned new nuclear reactors at Ringhals will not fit. At least not if the nature reserve on the Väröhalvön is to remain. Now Vattenfall is taking the unusual step of applying to the County Administrative Board to revoke the reserve.
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