ActiveThis profile is actively maintained
Created before Nov 2016
Last update: 2016-07-04 21:26:55 BankTrack
Share this page:
Sweden's state-owned Vattenfall is Europe's sixth largest generator of electricity and largest producer of heat. In 2013, Vattenfall's total installed capacity across all its operations stood at 39,106 megawatts. In Sweden it has a market share of 50%. The company's generation assets are spread across the United Kingdom, Sweden, Finland, Denmark, Germany, Poland, Belgium and the Netherlands. It uses 6 sources for its energy: coal (39%), nuclear (27%), hydro (20%), biomass, hydro and wind.
AB SE-169 92 Stockholm
Øystein Løseth |
Vattenfall is 100% owned by the Kingdom of Sweden.
Vattenfall, owned by the state of Sweden, currently releases twice the amount of CO2 as the whole country of Sweden.
Nuclear power plant Forsmark had a serious accident in 2006. Shortly afterwords there was a series of accidents in the German plants Brunsbuettel and Kruemmel. After those accidents Vattenfall tried to conceal important facts and had a negative press because of the misinformation. Vattenfall is promoting nuclear power as an "important part of making electricity clean" despite all negative headlines they are producing with their plants.