Vattenfall’s vision is to be a leading European energy company and our main products are electricity and heat.

The UK is a key market for future growth and we have strong ambitions for both offshore and onshore wind power.

Vattenfall news 2010-03-02

Nuon applies for SDE subsidy for offshore wind farm

Nuon, part of the Vattenfall group, submitted its application for a subsidy under the SDE scheme for offshore wind farms on March 1. In 2005 Nuon started preparations for the Beaufort wind farm (around 340 MW) 30 kilometres off the coast of Zuid-Holland. Nuon believes that with this project it has a good chance of getting the subsidy, which will be necessary for the realisation of the wind farm.

By investing in wind energy Nuon supports the Dutch cabinet target of installing 6000 MW off shore by 2020 at the latest. Nuon’s ambition is to develop a total of 1400 MW of wind energy by 2020. 
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Investor information, 2010-02-10

Vattenfall´s year-end report 2009:

Good underlying result after challenging year

“Despite difficult market conditions, with lower industrial demand for electricity and substantially lower wholesale electricity prices, Vattenfall reported a good underlying operating profit for 2009,” says CEO Lars G. Josefsson.

Vattenfall’s electricity generation decreased slightly in 2009 but the Group’s net sales rose 24.8 per cent.

The report, conference call and presentation slides (www.vattenfall.com, new window)