Low electricity prices hit hard at Vattenfall in Q3

The Swedish utility company’s bottom line shrinks significantly in a quarter where earnings have been hit hard. 
Vattenfall har taget hårde slag fra markant lavere realiserede elpriser i det netop overståede tredje kvartal. | Photo: Vattenfall
Vattenfall har taget hårde slag fra markant lavere realiserede elpriser i det netop overståede tredje kvartal. | Photo: Vattenfall

The situation in the electricity market is markedly different this year than it was last year, and this affects Nordic energy companies. It also applies to Swedish Vattenfall, which sees a decline in several items in the third quarter of the year.

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