Wind Energy

Vattenfall plans EUR 4.2 billion wind power investment

Vattenfall To Invest $5.4 Billion In Wind Energy. Vattenfall plans to hire another 200 people as it presses wind power investments over the period 2012-2016. Vattenfall has around 40 different wind farm plants with around 900 wind turbines. So far this year, the fully state-owned energy company has received permission to go ahead with planning for four new wind farms.

Vattenfall has received consent for a new onshore wind farm named Forst Briesnig in Germany and development consent for the Pen y Cymoedd wind energy project in Wales. The company is also planning a new wind farm at Tamholt in Denmark and has also been granted all permits for the Beaufort wind farm in the Netherlands.

The energy company currently has around 40 different wind farm plants with around 900 wind turbines. It also has around 60 wind power projects in different stages of planning.

Our generation from wind power keeps growing and it is one of the areas where we will increase our investments in years to come. During 2012, we have received permissions for four new wind farm projects. These wind farms are currently in different stages of planning.

In Germany, we have received consent for a new onshore wind farm named Forst Briesnig. The 250 MW Pen y Cymoedd wind energy project in Wales has been granted development consent. In Denmark, we are planning a new wind farm at Tamholt in Jutland. Recently we were also were granted all permits for Beaufort, a yet to be planned wind farm with a capacity of 340 MW in the Netherlands.

"Wind power is a prioritized investment area for Vattenfall. Wind is one of our six energy sources and during the coming 5 years we will invest another EUR 4,2 billion in wind power projects in Sweden and in the rest of Europe", says Anders Dahl, head of Vattenfall Renewables.

These plans mean that we will also employ another approximately 200 people with wind power competence.

Today we operate about 40 different wind farms with around 900 wind power turbines. In total, they generate 3.7 TWh, enough electricity to supply about one million households. In offshore wind, we are already the world’s second largest player.

Vattenfall also have around 60 wind power projects in different planning stages throughout our markets and we will continue our work to further improve and expand our wind power generation.

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