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Vattenfall: "We are still in rough waters"

Vattenfall faces a bright future, says the CFO, although he is experiencing issues with conventional gas facilities and power plants. Meanwhile, he eyes the opportunity of profiting on the electrification of the heating and manufacturing sectors. However, this will require Vattenfall taking whole-hearted action and doing it fast.

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German wind prices rise by one fifth

After dramatic price declines and major criticism of German onshore wind auctions, the average price saw a significant boost in the first auction since the provisional tightening of the rules for citizen projects. Solar power is thus cheaper than wind.

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