Vattenfall Wind Farms
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Vattenfall Wind Farms
Vattenfall is a Swedish multinational power company owned by the Swedish state. Beyond Sweden, the company generates power in Denmark, Finland, Germany, the Netherlands, and the United Kingdom. The company's name is Swedish for "waterfall", and is an abbreviation of its original name, Royal Waterfall Board (''Kungliga Vattenfallsstyrelsen''). History Vattenfall (then called ''Kungliga Vattenfallsstyrelsen'' or Royal Waterfall Board) was founded in 1909 as a state-owned enterprise in Sweden. From its founding until the mid-1970s, Vattenfall's business was largely restricted to Sweden, with a focus on hydroelectric power generation. Only in 1974 did the company begin to build nuclear reactors in Sweden (the Ringhals 1 and 2 reactors), eventually owning seven of Sweden's 12 reactors. In 1992, Vattenfall was reformed as the joint-stock company Vattenfall AB. At the same time, the transmission grid (220 kV and 400 kV lines) was transferred to the newly formed state agency Svenska ...
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List Of Swedish Government Enterprises
This is a list of Swedish companies owned by the state. State-owned companies are legally in a form of aktiebolag but mainly or fully state-owned. They are expected to be funded by their sales, and not be given direct tax money. A big customer might be the state or a government agency. Many companies originate from a former government agency. Government agencies are something different, usually funded by tax money but do also sell services, and are not an authority. The government has tried to avoid having agencies doing commercial activities, by separating out areas that compete with private companies into government-owned companies, for example within road construction. The reason is both to avoid unfair competition (because it could mean using tax money to beat private companies), and a wish to have a market economy instead of a planned economy as much as possible. Based on the tradition of avoiding " ministerial rule", the government has avoided interfering with the business ...
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Waterfall
A waterfall is any point in a river or stream where water flows over a vertical drop or a series of steep drops. Waterfalls also occur where meltwater drops over the edge of a tabular iceberg or ice shelf. Waterfalls can be formed in several ways, but the most common method of formation is that a river courses over a top layer of resistant bedrock before falling onto softer rock, which erodes faster, leading to an increasingly high fall. Waterfalls have been studied for their impact on species living in and around them. Humans have had a distinct relationship with waterfalls since prehistory, travelling to see them, exploring and naming them. They can present formidable barriers to navigation along rivers. Waterfalls are religious sites in many cultures. Since the 18th century, they have received increased attention as tourist destinations, sources of hydropower, andparticularly since the mid-20th centuryas subjects of research. Definition and terminology A waterfal ...
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Vattenfall Office Building 20060913 001
Vattenfall is a Swedish multinational corporation, multinational electrical power industry, power company owned by the List of government enterprises of Sweden, Swedish state. Beyond Sweden, the company generates power in Denmark, Finland, Germany, the Netherlands, and the United Kingdom. The company's name is Swedish for "waterfall", and is an abbreviation of its original name, Royal Waterfall Board (''Kungliga Vattenfallsstyrelsen''). History Vattenfall (then called ''Kungliga Vattenfallsstyrelsen'' or Royal Waterfall Board) was founded in 1909 as a state-owned enterprise in Sweden. From its founding until the mid-1970s, Vattenfall's business was largely restricted to Sweden, with a focus on hydroelectric power generation. Only in 1974 did the company begin to build nuclear reactors in Sweden (the Ringhals Nuclear Power Plant, Ringhals 1 and 2 reactors), eventually owning seven of Sweden's 12 reactors. In 1992, Vattenfall was reformed as the Aktiebolag, joint-stock company Vat ...
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Salzgitter AG
Salzgitter AG is a German company, one of the largest steel producers in Europe with an annual output of around seven million tonnes. With over 100 subsidiaries and associated companies, the Group is structured in four business units – Steel Production, Steel Processing, Trading and Technology – under the umbrella of a management holding company. Activities The group's principal activity is to manufacture steel and associated products. The products include heavy profile steel sheets, hot-rolled wide strips and steel strips, heavy and medium weight plates, and sheet steel. The company also owns 29.99% of Aurubis which is the largest copper producer in Europe and as well the largest copper recycler worldwide. History The history of the company goes back to 1858, when in Peine the Ilseder Hütte started. The company was part in 1937 as Reichswerke Hermann Göring, Neumann, Klaus. Shifting memories: the Nazi past in the new Germany', University of Michigan Press 2000, pp ...
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Forsmark Nuclear Power Plant
Forsmark Nuclear Power Plant is a nuclear power plant in Forsmark, Sweden that provides 14% of Sweden's total electricity output, and also the site of the Swedish Final repository for radioactive operational waste. It is operated by a company mainly owned by Vattenfall. The radiation monitors at Forsmark were the first outside the Soviet Union to detect the elevated radiation levels resulting from the Chernobyl disaster in April 1986, over 1,000 km away, forcing the Soviet government to publicly acknowledge it after two days of them trying to cover it up. Reactors Forsmark NPP has three Boiling water reactors: * F1 with an ABB Atom BWR 69 at 2928 MW thermal and 1010 MWe net was first connected to the grid on 5 June 1980, and commenced commercial operation on 10 December 1980. It has two turbo-alternators. * F2 with an ABB Atom BWR 69 at 3253 MW thermal and 1120 MWe net was first grid connected on 15 December 1980 and commenced commercial operation on 7 July 1981. It ...
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Chernobyl Disaster
On 26 April 1986, the no. 4 reactor of the Chernobyl Nuclear Power Plant, located near Pripyat, Ukrainian Soviet Socialist Republic, Ukrainian SSR, Soviet Union (now Ukraine), exploded. With dozens of direct casualties, it is one of only two nuclear energy accidents rated at the maximum severity on the International Nuclear Event Scale, the other being the 2011 Fukushima nuclear accident. The response involved more than Chernobyl liquidators, 500,000 personnel and cost an estimated 18billion Soviet ruble, rubles (about $84.5billion USD in 2025). It remains the worst nuclear disaster and the List of disasters by cost, most expensive disaster in history, with an estimated cost of US$700 billion. The disaster occurred while running a test to simulate cooling the reactor during an accident in blackout conditions. The operators carried out the test despite an accidental drop in reactor power, and due to a design issue, attempting to shut down the reactor in those conditio ...
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Soviet Union
The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet Union, it dissolved in 1991. During its existence, it was the list of countries and dependencies by area, largest country by area, extending across Time in Russia, eleven time zones and sharing Geography of the Soviet Union#Borders and neighbors, borders with twelve countries, and the List of countries and dependencies by population, third-most populous country. An overall successor to the Russian Empire, it was nominally organized as a federal union of Republics of the Soviet Union, national republics, the largest and most populous of which was the Russian SFSR. In practice, Government of the Soviet Union, its government and Economy of the Soviet Union, economy were Soviet-type economic planning, highly centralized. As a one-party state go ...
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Impairment (financial Reporting)
Impairment of assets is the diminishing in quality, strength, amount, or value of an asset. An impairment cost must be included under expenses when the book value of an asset exceeds the recoverable amount. Fixed assets, commonly known as PPE (Property, Plant & Equipment), refers to long-lived assets such as buildings, land, machinery, and equipment; these assets are the most likely to experience impairment, which may be caused by several factors. History Asset impairment was first addressed by the International Accounting Standards Board (IASB) in IAS 16, which became effective in 1983. It was replaced by IAS 36, effective July 1999. In United States GAAP, the Financial Accounting Standards Board (FASB) introduced the concept in 1995 with the release of SFAS 121. SFAS 121 was subsequently replaced by SFAS 144 in August 2001. The issue of impairment of financial assets exposed deficiencies in the IAS 36 framework during the 2008 financial crisis, and the IASB issued an exposur ...
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Nuclear Power Phase-out
A nuclear power phase-out is the discontinuation of usage of nuclear power for energy production. Often initiated because of Politics of nuclear power, concerns about nuclear power, phase-outs usually include shutting down nuclear power plants and looking towards fossil fuels and renewable energy. Three nuclear accidents have influenced the discontinuation of nuclear power: the 1979 Three Mile Island accident, Three Mile Island partial nuclear meltdown in the United States, the 1986 Chernobyl disaster in the USSR (now Ukraine), and the 2011 Fukushima nuclear accident in Japan. , only three countries have permanently closed all of their formerly functioning nuclear plants: Italy by 1990, Germany by 2023 and Taiwan by 2025. Lithuania and Kazakhstan have shut down their only nuclear plants, but plan to build new ones to replace them, while Armenia shut down its only nuclear plant but subsequently restarted it. Austria never used its first nuclear plant that was completely built. Cu ...
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Nuon (company)
Vattenfall Nederland B.V. (former name: N.V. Nuon Energy) is a utility company based in Amsterdam, Netherlands. It provides electricity, natural gas, and heat. The company belongs to the group of Vattenfall. History Nuon NV was established in 1994 by a merger of regional utility companies ''Provinciale Gelderse Energie Maatschappij'' (PGEM), ''Provinciaal Elektriciteitsbedrijf Friesland'' (PEB Friesland), ''Zuid-Gelderse Nutsbedrijven'' (ZGN) and ''Veluwse Nutsbedrijven'' (VNB). The new company adopted the name N.V. Nuon Energie-Onderneming. The name Nuon was a Dutch abbreviation for utility (NU) and for east (O) and north (N), which were that time the main markets for the company. The yellow and purple logo and car design was also introduced during this time. In 1999 also ''Energie Noord-West'', Gamog and ''Energie- en Watervoorziening Rijnland'' were merged with Nuon and the name was changed N.V. Nuon. Installation company Feenstra was taken over on 1 December 2000. Feenstr ...
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Hamburg
Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-largest in the European Union with a population of over 1.9 million. The Hamburg Metropolitan Region has a population of over 5.1 million and is the List of EU metropolitan areas by GDP, eighth-largest metropolitan region by GDP in the European Union. At the southern tip of the Jutland Peninsula, Hamburg stands on the branching River Elbe at the head of a estuary to the North Sea, on the mouth of the Alster and Bille (Elbe), Bille. Hamburg is one of Germany's three city-states alongside Berlin and Bremen (state), Bremen, and is surrounded by Schleswig-Holstein to the north and Lower Saxony to the south. The Port of Hamburg is Germany's largest and Europe's List of busiest ports in Europe, third-largest, after Port of Rotterdam, Rotterda ...
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Svenska Kraftnät
Svenska kraftnät is an electricity transmission system operator in Sweden. It is current led by director-general Per Eckemark since 2025. It is a state-owned public utility, which was created in 1992 by splitting the former government agency Vattenfall into a power generation and distribution company Vattenfall AB and a transmission company Svenska kraftnät. The company has its headquarters in Sundbyberg, near Stockholm in Sweden. Svenska kraftnät owns and manages 17500 km of power lines, 175 transformer - and switching stations as well as foreign connections with both alternating and direct current. Svenska kraftnät owns 28% of Nord Pool along with other Nordic and Baltic transmission system operators. Criticism Svenska Kraftnät has been frequently criticised for mistakes, insufficient problem-solving, organisational dysfunction and lack of responsibility. See also * Electricity sector in Sweden *European Network of Transmission System Operators for Electricity The Eur ...
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