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Home›Business & Finance›New Capacity Lifts Vattenfall’s Wind Numbers
Business & Finance

July 19, 2019 · about 7 years ago

New Capacity Lifts Vattenfall’s Wind Numbers

Swedish energy company Vattenfall has reported an 18.4 percent increase in wind power generation in the first half of 2019 compared to the same period a year earlier, mainly due to the addition of new capacity. During the last twelve months, Vattenfall has commissioned the 97MW Aberdeen Bay (EOWDC)

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Swedish energy company Vattenfall has reported an 18.4 percent increase in wind power generation in the first half of 2019 compared to the same period a year earlier, mainly due to the addition of new capacity.

During the last twelve months, Vattenfall has commissioned the 97MW Aberdeen Bay (EOWDC) offshore wind farm in Scotland, the 29MW Slufterdam onshore wind farm, and 373MW out of a total of 407MW on the Horns Rev 3 offshore wind farm in Denmark.

The new capacity helped Vattenfall generate 4.5TWh of electricity at its wind farms in the first half of 2019, compared to 3.8TWh generated in the same period in 2018.

The increase in generation was partially offset by negative price effects, particularly in the UK.

”Altogether, underlying operating profit for Vattenfall’s wind power operations increased by SEK 200 million during the first half of 2019, to SEK 1.9 billion, owing to the contribution from the new capacity,” Magnus Hall , President and CEO of Vattenfall, said.

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