Utility Vattenfall reports 28% drop in EU ETS-covered output as coal unit shuts

Published 16:14 on February 4, 2021  /  Last updated at 16:14 on February 4, 2021  /  EMEA, EU ETS  /  No Comments

Swedish utility Vattenfall’s EU ETS-covered power output dropped 28% year-on-year in 2020, outpacing an overall drop in generation as a major coal unit closed and hydro power flourished, the company said in its full-year results on Thursday.

Swedish utility Vattenfall’s EU ETS-covered power output dropped 28% year-on-year in 2020, outpacing an overall drop in generation as a major coal unit closed and hydro power flourished, the company said in its full-year results on Thursday.

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