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Latest Vattenfall Stories

2008-11-11 09:00:39

Vattenfall and ScottishPower Renewables have entered into partnership to jointly bid in the third round of offshore wind farm development in the UK. Their common goal is to establish 6,000MW of installed wind power capacity, corresponding to enough clean green energy to power four million homes by 2020. The partnership will take the form of a consortium combining extensive experience of offshore wind power and the financial strength to ensure a strong renewable energy bid. Applications for...

2008-11-06 09:00:38

Swedish power utility Vattenfall has announced that it is subscribing for 18.7% of the Polish energy company, Enea, for SEK4.5 billion. Enea has a distribution network that supplies electricity across 20% of Poland. In 2007, Enea supplied 13TWh of electricity to 2.3 million customers. Vattenfall plans to contribute its knowledge and experience regarding the carbon capture and storage (CCS) technology to Enea. Lars Josefsson, CEO of Vattenfall, said: "Poland is an interesting market for...

2008-11-03 09:00:33

Swedish power utility Vattenfall has reported consolidated net sales of SEK37.02 billion for the third quarter of 2008, a 17.2% increase compared to SEK31.59 billion for the same period of 2007. Third quarter operating profit grew 17.5% to SEK5.59 billion, compared to SEK4.76 billion for the same period of 2007. Operating profit for the company's Central Europe business group fell 17.9%, mainly due to lower electricity generation and higher costs for CO2 emission allowances. The company...

2008-11-03 09:00:33

Swedish power company Vattenfall has received valid acceptances in respect of 91.2% of the issued share capital of Eclipse Energy UK, and has made an offer for the entire share capital of Eclipse. As Vattenfall has now received sufficient valid acceptances of the offer, the company intends to exercise its rights to acquire compulsorily the remaining shares in Eclipse on the same terms as the offer. This move is expected to enable Vattenfall to expand its presence in the UK market and to...

2008-10-13 09:00:42

Swedish electricity generator Vattenfall has reported that the electricity generation companies in Europe, Canada, the US, Australia and Japan have agreed to reduce the CO2 emissions by 60% to 80% to 2050 at a summit meeting in Atlanta, US. It is reported that China and India were absent at the meeting but their possible contribution was discussed as well. Lars Josefsson, president and CEO of Vattenfall, who is also president of the European organization Eurelectrics, the association...

2008-10-07 12:00:46

By TIM SHARP AMEC has sold its wind energy arm to Sweden's Vattenfall for GBP126.6m Vattenfall, Europe's fifthlargest electricity producer, said the purchase would expand its presence in the UK market and said it and AMEC have also entered into a strategic alliance to pursue lowcarbon energy projects. The move comes just six months after the Scottish Government turned down an application by Lewis Wind Power, a consortium of AMEC and British Energy, to build a wind farm in the Hebrides...

2008-10-07 06:00:39

Swedish power utility Vattenfall has acquired 100% of Amec Wind Energy, a developer of commercial wind farms, for a cash consideration of around GBP126.6 million. Vattenfall said that the acquisition positions the company to further expand its presence in the UK market and to advance its efforts to make electricity clean by reducing emissions from electricity production and to increase electricity production from renewable energy. Vattenfall and Amec have also entered into a strategic...

2008-10-02 06:00:31

Vattenfall's German subsidiary, Vattenfall Europe, has received approval from Hamburg's Urban Development and Environment Authority to construct and operate the Moorburg hard coal-fired combined heat and power plant. Vattenfall now intends to continue construction work in a very timely manner in order to ensure the reliable supply of district heating for the city of Hamburg. Over the coming days Vattenfall said that it will examine in detail to what extent the conditions and additional...

2008-09-23 06:00:29

The Linde Group and Vattenfall Europe Technology Research, a subsidiary of the Vattenfall energy group, have entered into a technology partnership for CO2 separation in coal-fired power stations. The aim of the collaboration is to test the oxyfuel combustion process for lignite and anthracite and to develop the technology for subsequent use in large power stations. The tests are being conducted at the research facility for a coal-fired power station using CO2 capture technology in...

2008-09-22 09:00:49

Munich, 22 September 2008 - The technology group The Linde Group and Vattenfall Europe Technology Research GmbH, a subsidiary of the Vattenfall energy group, have entered into a wide-ranging technology partnership for carbon dioxide separation in coal-fired power stations. The aim of the collaboration is to test the oxyfuel combustion process for lignite and anthracite and to develop the technology for subsequent use in large power stations. The tests are being conducted at the research...


Word of the Day
baudekin
  • A rich embroidered or brocaded silk fabric woven originally with a warp of gold thread.
'Baudekin' seems to be an alternative form of 'baldachin,' from the Italian 'Baldacco,' Baghdad, the city where the material was made.
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