Vattenfall clamps down on hedging, pushes hydro investments
The Swedish utility has chosen to reduce price hedging on market volatility while ramping up investments in well-known technologies.
BY ANNE FILBERT, TRANSLATED BY SIMON ØST VEJBÆK
”Volatility is lower and that puts market at ease. But uncertainty remains high,” Vattenfall CEO Anna Borg remarks in relation to first quarter results that struggles in bouncing back from the extremely unfavorable 2022 despite stabilized prices and reduced difference in price areas.
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