News and in-depth analysis of offshore wind power, offshore wind farms and wind industry companies and policy in Sweden.
Latest Sweden Offshore Wind Power Articles
Other developers have opted simply to decommission aged offshore wind farms as they reach the end of their life-cycle. Danish company Momentum, however, has finished a project in Swedish waters that it claims is the first partial repowering of an offshore wind farm.
SWEDEN: A SEK 1.2 billion (€115.3 million) increase in underlying profit of Vattenfall's wind unit has helped offset a SEK 2.1 billion (€201.8 million) fall in its heating business in the first nine months of the year.
SWEDEN: State-backed utility Vattenfall said results in the first half of 2018 were on par with the same period in 2017, as renewables "continued to grow in importance" for the company's earnings.
SWEDEN: The state-owned utility recorded underlying profit of SEK 9.4 billion (€902.4 million) in the first quarter of 2018, with its wind business unit experiencing a 21% increase.
SWEDEN: The Swedish Energy Agency has examined two models for removing or reducing transmission costs for offshore wind power to help promote cost-effective energy.
SWEDEN: Swedish utility Vattenfall recorded an annual profit for the first time in five years, with earnings boosted by newly commissioned wind farms.
SWEDEN: State-owned utility and developer Vattenfall will create 130 new jobs in its renewables activities over the next year, with a focus on wind.
SWEDEN: In its aim to become 100% reliant on renewable power by 2040, Sweden's political parties have agreed to end grid connection fees for offshore projects.
SWEDEN: Vattenfall has reported a 7% year-on-year increase in pre-tax earnings in its first quarter of 2016, with its wind business increasing by 12.7%.
SWEDEN: Utility Vattenfall's wind division EBITDA increased 22.5% in 2015, while the group recorded a SEK 23 billion (€2.5 billion) operating loss in its financial year due to impairment losses in its lignite, nuclear and coal businesses.
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