On the one hand, the group wants to promote the expansion of fossil-free energy generation and storage capacities. Every year Vattenfall will build solar parks with an output of 500 megawatts and large batteries with a capacity of 300 megawatts. “And only in combination of both technologies in order to adapt the fluctuating solar production to the electricity consumption of the consumers,” it said. Vattenfall also referred to the Nordlicht 1 and 2 offshore wind farms being built in the North Sea, which are scheduled to go online with a capacity of 1.6 gigawatts by 2028.
In the supply market, the group will be relying on more electricity partnerships with industrial customers who increasingly have to switch their energy supply to green electricity. As an example, the company referred to contracts that have already been concluded with the steel producer Salzgitter AG and the chemical company Evonik. “Electricity partnerships offer both producers and industrial consumers of renewable electricity investment security, stable prices and risk diversification,” emphasized Zurawski.
The group is also expanding its private customer business and will focus more on advice and on-site installation in the future. Vattenfall says it is now cooperating with around 150 local craft companies for the installation of heat pumps, photovoltaic systems or electricity storage systems in private homes. Only recently in Berlin the Swedes announced the purchase of the Geosolar craft business with around 90 employees.
