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Monday, February 9, 2009

Vattenfall Welcomes Swedish Government's Decision on Energy Policy

Swedish power utility Vattenfall has welcomed the Swedish government's proposed agreement on energy policy, saying that Sweden needs a long-term, widely supported energy policy that incorporates responsibility for climate change issues.
Lars Josefsson, Vattenfall's CEO, said: "It is good that the energy policy is becoming more focused on achieving clear targets and more neutral about the technology required to do so. Vattenfall will contribute to realizing the ambitious targets for climate policy and renewable energy production, which are in line with Vattenfall's strategy.
"Vattenfall is investing billions of Swedish kronor in wind power and other renewable energy sources, and we welcome the fact that the processing of permits for building wind power units is being speeded up. This makes it easier for us to carry out our plan of building units providing 8TWh of wind power in Sweden by 2016."
Vattenfall's CEO has also said that the company is interested in building new nuclear power plants, provided that there is demand for this and it is profitable. He said that the company is also investing in maintaining and modernizing existing plants, and they are expected to continue to be competitive in the future.

(Source: Energy Central)

2 comments:

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