Vattenfall Reports Strong 2025 Results While Accelerating Investments in Fossil-Free Energy and Emission Reductions

Vattenfall Reports Strong 2025 Results While Accelerating Investments in Fossil-Free Energy and Emission Reductions

(IN BRIEF) Vattenfall’s 2025 Annual and Sustainability Report highlights the company’s ongoing progress in reducing emissions and expanding fossil-free energy production while maintaining strong financial performance. Since 2017, the company has cut greenhouse gas emissions by 56%, remaining aligned with the 1.5-degree climate target. In 2025, Vattenfall advanced key projects, including offshore wind developments in Germany, an onshore wind farm in the UK, nuclear power initiatives through modular reactor development and the creation of Videberg Kraft AB, and a hydropower upgrade in Sweden. The company invested SEK 30.4 billion during the year, with most of it aligned with EU sustainability standards, and generated 95 TWh of fossil-free electricity. Looking ahead, Vattenfall plans SEK 165 billion in investments between 2026 and 2030, with a majority directed toward growth, reinforcing its role in strengthening Europe’s energy security and accelerating the transition to a fossil-free future.

(PRESS RELEASE) SOLNA, 24-Mar-2026 — /EuropaWire/ — Vattenfall has reaffirmed its commitment to driving the transition toward a fossil-free energy system while delivering strong financial performance, as outlined in its 2025 Annual and Sustainability Report. The report highlights the company’s continued progress in reducing greenhouse gas emissions and scaling up investments in clean energy solutions across Europe.

Since 2017, Vattenfall has achieved a 56% reduction in total emissions across its value chain, maintaining alignment with the global objective of limiting temperature increases to 1.5 degrees. This progress comes at a time when Europe’s reliance on imported fossil fuels—currently accounting for around 90% of consumption—continues to pose both economic and security challenges. By expanding the use of fossil-free electricity generated from nuclear, wind, hydro, and solar sources, Vattenfall aims to strengthen energy resilience, improve competitiveness, and lower long-term energy costs.

Anna Borg, President and CEO of Vattenfall, emphasized that despite ongoing global uncertainties, the company remains firmly committed to its fossil-free ambition. She highlighted the role of strategic investments, operational efficiency improvements, and collaborative initiatives in delivering value for customers, stakeholders, and society, while supporting climate goals.

Throughout 2025, Vattenfall advanced several major projects aligned with this strategy. Final investment decisions were made for the Nordlicht I and II offshore wind farms in Germany, alongside the Clashindarroch II onshore wind project in the United Kingdom. The company also intensified its focus on nuclear energy development, progressing with the selection of two suppliers for modular reactors and establishing Videberg Kraft AB to support this initiative. In addition, Vattenfall approved a SEK 1.3 billion investment to increase capacity at the Harsprånget hydropower station on the Lule River.

Looking ahead, Vattenfall has outlined a substantial investment plan totaling SEK 165 billion for the period from 2026 to 2030, with 56% allocated to growth initiatives aimed at expanding fossil-free energy production and infrastructure.

Key performance indicators from the 2025 report further underscore the company’s progress. Investments reached SEK 30.4 billion, with 85% qualifying under and aligned with the EU taxonomy framework. Fossil-free electricity generation totaled 95 TWh, reinforcing Vattenfall’s position as a major provider of clean energy in the region.

Through continued investment in renewable energy, nuclear innovation, and infrastructure upgrades, Vattenfall is positioning itself to play a central role in Europe’s energy transition while addressing the dual challenges of sustainability and energy security.

Some facts from the Annual and Sustainability Report 2025: