Vattenfall’s new investment

Swedish state-owned Vattenfall is shifting up a gear in the UK. From the start of May the company is to start selling renewable energy direct to customers instead of to the grid.

Since 2008, Vattenfall has invested over SKr 34 billion in the UK. “We now have a critical mass and can start selling directly to customers. The UK is interesting because there is dense capacity there and still good opportunities for investing in more renewable energy. Furthermore, there are fairly high demands to become more environmentally friendly and reduce carbon dioxide emissions in the UK,” says Anna Borg, from Vattenfall.