The start of Sandbank is a further proof to Vattenfall´s strategy of continuing to push the transformation of our production portfolio towards renewable energies.
Geothermal energy is a good complement for owners of single houses in locations beyond the reach of our district heating network and for those who prefer a different solution.
To have the sustainability aspect in focus all the time is increasingly important. It is really satisfying that we have received such a good rating. It is proof of that we are doing the right things.
Entering 2016 a number of fundamental issues needed to be resolved to support the transition of the energy system and to shape the new Vattenfall. Significant progress was made during the year through the lignite divestment, the Swedish energy policy agreement and the German nuclear waste law, resulting in a positive outcome for the company and our customers, together with a reduced risk overall.
We already help our customers drive electric by supplying charging points. With the decision to switch our own fleet we do not only contribute to reducing CO2-emissions in Europe, but we also want to set an example for other companies.
“The demand in the market makes it a natural step for us to move from being a wind power developer and operator to also start providing Danish customers with 100% renewable energy. Vindstød.dk is an innovative, successful and fast-growing company which has pioneered the Danish consumer market”
The third quarter marked an important milestone for Vattenfall. The sale of the lignite operations was a major step in adapting Vattenfall’s operations to new market conditions and a long-term sustainable energy system. We are now pursuing our efforts in forming the new Vattenfall with the customer in focus.
“We have set a clear direction in our strategy and our strategic targets, where sustainability is integrated as a natural component. The agreement to sell our lignite operations shows that we are taking strong measures to adapt the portfolio in the right direction”
Today we have signed an important deal for Vattenfall. This divestment of our lignite assets is good strategically but also financially given current and expected market conditions. We are now accelerating our shift towards a more sustainable production. The sale means more than 75 percent of our production will be climate neutral compared to about 50 percent today.
“I am really pleased that we have been able to recruit one of the top talents within the Swedish communications arena”
“Our partnering strategy is now paying off and delivering additional funds to fulfil our ambitious growth targets within the wind area, thereby supporting Vattenfall’s overall strategy to transform our production portfolio towards renewables. We are really pleased to have established a partnership with AMF and look forward to building a strong relationship going forward,” says Gunnar Groebler, Senior Vice President, Business Area Wind.