Vattenfall reports drop in ETS-covered fossil generation in 2023

Published 15:27 on February 6, 2024  /  Last updated at 15:34 on February 6, 2024  / Susannah Rodgers /  EMEA, EU ETS, UK ETS

Swedish state-owned utility Vattenfall reported a significant drop in generation from ETS-covered fossil power in 2023 in annual results on Tuesday, as well as a fall in profit due to sliding electricity prices during what it described as a "turbulent" year.
Swedish state-owned utility Vattenfall reported a significant drop in generation from ETS-covered fossil power in 2023 in annual results on Tuesday, as well as a fall in profit due to sliding electricity prices during what it described as a "turbulent" year.


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