Swedish power group Vattenfall, will give up its plans to build new nuclear power reactors because of a new government, including Green Party, which is not supporting them, setting up an energy commission tasked with achieving a 100% renewable electricity system.
read more... 01/12/2014
German Economy Minister Sigmar Gabriel told a parliamentary commission that Vattenfall wants 4.7 billion euros ($6 billion) in compensation for shutting down its nuclear plants in Germany, as stated by a government source on Wednesday.
read more... 16/10/2014
Sweden's most important opposition party, which is likely to win the major share of the vote in an election next week, could vend several of the non-Nordic business of state-owned energy conglomerate Vattenfall if it comes to electricity, according to a senior party official.
read more... 05/09/2014
Vattenfall stated on Tuesday it was closing research and development in carbon capture for coal power and reduce it in domains such as offshore wind power in a move that would cut over 40 jobs across the state-owned energy group.
read more... 07/05/2014
Swedish energy company Vattenfall has presented plans for the construction of a new wind farm on the south west of Scotland. The South Kyle Wind Farm would have about 50 turbines and a capacity of more than 170 MW, which should be enough to meet the annual electricity power demand of more than 90,000 households. It is expected that it will cost more than £190 million to build the wind farm.
read more... 29/08/2013