Vattenfall and Hydro extend cooperation in a new 11 TWh deal
Vattenfall and Norsk Hydro ASA have signed two new long-term electricity supply agreements from 2013 for 11 TWh in Germany. They assure competitive conditions for Norsk Hydro ASA’s decision to increase its production of aluminium products in Germany.Norsk Hydro ASA decided to sign new agreements after Vattenfall offered a new customised solution for their investment in the Neuss smelter in Germany. The agreement covers a total of 2.2 TWh annually for five years and is a combination of an older restructured contract and a new contract. “Our customers have very high expectations of