Utility Vattenfall’s ETS-covered output falls 28% amid hydro glut

Published 18:23 on October 27, 2020  /  Last updated at 20:33 on October 27, 2020  /  EMEA, EU ETS  /  No Comments

Swedish utility Vattenfall’s ETS-covered fossil-based power output fell 28% year-on-year for the first nine months of 2020, outpacing an overall generation drop amid ample hydro supply, the company said in quarterly results on Tuesday.

Swedish utility Vattenfall’s ETS-covered fossil-based power output fell 28% year-on-year for the first nine months of 2020, outpacing an overall generation drop amid ample hydro supply, the company said in quarterly results on Tuesday.

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