Vattenfall country manager rejects any suspicion of price dumping
INTERVIEW: Vattenfall will make acceptable – but not exactly golden – returns in Kriegers Flak, in spite of the all-time low winning price, says country manager in Denmark. The foundation for the low price is faith in wind turbines of more than 8 MW.
Vattenfall ensured victory for the Swedish company this Wednesday in the tender for coming Danish offshore wind farm Kriegers Flak of 600 MW. The winning bid was an all-time low of DKK 0.372 (EUR 0.049) per kilowatt-hour.
The multinational commodity trader navigated through a turbulent market in fiscal 2022, which ended in September, but nonetheless closed the year with a record result. Challenging conditions will carry on into 2023.
Serious dissatisfaction is emanating from European capitals regarding the Energy Charter Treaty for protecting fossil energy investments, thus prompting the EU Commission to assess its options for a collective exit.