Vattenfall is a leading European energy company with approximately 19,000 employees. For over a century, Vattenfall has been electrifying industries, supplying energy to homes, and driving innovation for a modern way of living. The company's mission is to enable fossil-free living within one generation, focusing on the development and delivery of renewable energy sources such as wind, hydro, and solar power. Vattenfall operates across various segments, including heat, electricity distribution, and customer-centric energy solutions, serving millions of customers primarily in Sweden, Germany, the Netherlands, Denmark, and the United Kingdom. Committed to sustainability, Vattenfall actively works to reduce CO? emissions and supports the transition to a circular economy.
The German Federal Network Agency (Bundesnetzagentur) has today decided to award compensation for a complete phase-out of Vattenfall’s coal-fired power plant Moorburg in Hamburg. This means that Moorburg can be phased out earlier than previously planned.
For the past year Vattenfall has participated in a feasibility study by the Estonian start-up energy company Fermi Energia to explore the possibilities for Small Modular Reactor (SMR) deployment in Estonia. Building upon the present collaboration the parties have now signed a Letter-of-Intent to further expand their co-operation.
AG Barr, manufacturer of leading soft drinks brands including IRN-BRU and Rubicon, has announced plans to introduce fossil-free electricity to power its operations across the UK following a new deal with Swedish energy group Vattenfall.