Vattenfall changes direction for operational lifetimes of Ringhals 1 and 2
Vattenfall has decided to change the direction of the planned operational lifetimes for Ringhals 1 and 2. The reason is declining profitability and increased costs.The new direction means that Ringhals 1 and 2 may be closed down between the years 2018 and 2020 instead of, as previously announced, around 2025. The closure decision will be made by the Ringhals Board of Directors and requires unanimity between the owners, i.e. Vattenfall and E.ON. “Unfortunately, we see market conditions with continued low electricity prices in the coming years. At the same time, we are facing increasing