Vattenfall's approach is based on existing political and societal expectations and on the directive from our owner. The latter clearly stipulates that Vattenfall should be among the leaders in developing sustainable energy production.
Wind power is the fastest growing energy source in Europe and plays a key role in meeting Europe's climate target. Vattenfall is one of the largest players in Europe when it comes to developing and operating wind power. Vattenfall will continue to expand its wind operations in our markets.
Our wind power operations
Biomass is a renewable energy source that can be used to produce both heat and electricity. It can potentially play a key role in reducing CO2 emissions from existing European coal power plants. Vattenfall has a long history of working with biomass heat production, and plans to increase co-firing of biomass in coal-fired power plants to reduce CO2 emissions.
Our biomass operations
Vattenfall has century-long roots in hydro power; we own and operate over 100 hydro power plants. We are one of Europe's largest operators in hydro power and we intend to explore hydro power growth options in Europe.
Our hydro operations
Natural gas is a growing energy source within Europe that provides flexibility and security of supply. It also has lower specific CO2 emissions than other fossil fuels. Natural gas gives us a more balanced portfolio that better reflects the European energy mix.
Our natural gas operations
Nuclear power plays a vital role in many European countries. Vattenfall played a major role in constructing Sweden's nuclear power plants, and is an owner of nuclear power plants in Germany. Vattenfall is constantly intensifying its efforts to achieve impeccable safety and availability levels.
Our nuclear operations
Coal is a cornerstone of the European energy system, due to its economic attractiveness and ability to contribute to secure and stable electricity generation. Vattenfall is optimising its existing production portfolio and investing to enhance efficiency and reduce CO2 emissions in existing plants.
Our coal operations