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.
Business
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.
BusinessTop news
Low electricity prices hinder investments
The electricity prices are at record low levels. Too low, thinks state-owned energy giant Vattenfall. It becomes harder to invest simply, says CEO Anna Borg.
Business
New Alarm about the Power Cables: Think Again
The business community is sounding the alarm once again about serious consequences if the state does not take on the cost of power cables for offshore wind power. The government needs to rethink, says Johan Trouvé, CEO of the West Swedish Chamber of Commerce, to Dagens industri.
Business
Vattenfall is hesitant about wind power project
After the decision to pause the wind power project Kriegers Flak, there is now a risk that Vattenfall will be forced to wait with Kattegatt Syd off Falkenberg as well. This is stated by Vattenfall's CEO Anna Borg.
Business
It must be invested in nuclear power at a faster rate here och nu
The power grid must be expanded at a faster rate here and now, according to Vattenfall's CEO Anna Borg. Otherwise, the risk is that investments will end up somewhere else, she says.
Business
Kinberg Batra on the bias: Should have abstained
Anna Kinberg Batra is now responding to the Parliamentary Ombudsman on the questions that have arisen in connection with her being accused of bias. "Would of course have been better to abstain entirely from decision-making", she writes in a statement.
Swedish politics