Market operations - Vattenfall.de

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Market operations

Vattenfall operates in five different markets; Germany, Poland, Netherlands, United Kingdom and the Nordic countries (Denmark, Finland and Sweden).

Nordic - Sweden, Finland, Denmark

Vattenfall is the largest energy company in the Nordic region and accounts for 20% of Nordic electricity generation. The majority of the electricity is generated in hydro power and nuclear plants. Vattenfall’s electricity generation in Sweden and Finland is climate neutral. In Denmark Vattenfall is investing in new technology to reduce emissions from its coal-based plants.

The Nordic market accounts for a third of Vattenfall’s turnover. Vattenfall generates, distributes and sells both electricity and heat. Vattenfall has some 1.3 million electricity customers and 1.3 million electricity network customers in Sweden and Finland, which makes Vattenfall one of the largest operators in the Nordic region.

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Denmark (new window)
Finland (new window) 
Norway (new window) 
Sweden (new window) 

Central Europe - Germany and Poland

Vattenfall has been operating in Germany and Poland for ten years. Operations in these countries account for almost 60% of net sales. Vattenfall’s German and Polish operations have 3.6 million electricity customers and 4.3 million electricity network customers. In Germany Vattenfall is the country’s largest supplier of district heating and number three within electricity generation.

In both Berlin and Hamburg around 80% of households are customers of Vattenfall. Vattenfall is also the largest heat producer in Poland and the largest foreign energy company in the country.

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Germany (new window) 
Poland (new window)

Benelux - The Netherlands and Belgium

Vattenfall’s acquisition of the Dutch company Nuon in 2009 entails an addition of 2.6 million electricity customers and 2.1 million gas customers. Nuon has 6,000 employees and is one of the three largest companies in the Netherlands within electricity generation, electricity and gas sales and district heating.

In Belgium, Nuon is the third largest electricity and gas provider. The acquisition of Nuon has also added expertise and production within the field of natural gas to the Vattenfall group.

Nuon is a joint owner of 35 gas fields in the North Sea. Like Vattenfall, Nuon is at the forefront of the development of renewable and climate neutral energy. Nuon is a large player within wind power and is also involved in solar energy.

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Netherlands / Belgium (new window)

The United Kingdom

Vattenfall established itself on the British market with the acquisition in 2008 of three British wind power companies. Thanet, which will be the largest wind farm in the world when it is commissioned, was included in one of the companies that were acquired. Vattenfall and Scottish Power Renewables are developing an offshore wind farm that will generate electricity for four million households. Together with the Scottish company Pelamis, Vattenfall is constructing a facility for wave power off the Shetland Islands. In addition, Vattenfall is exploiting wave power possibilities off the Irish coast together with a jointly owned company.

 

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Updated:
2010-09-09
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