Vattenfall has made the final investment decision on the Nordlicht 1 and 2 offshore wind farms, which jointly will have 1.6GW in capacity. Chemicals giant BASF earlier secured access to a long-term ...

Swedish utility Vattenfall on Wednesday reported an increase in underlying operating profit in the fourth quarter of 2022 as increased wind power capacity and inflow of new customers boosted earnings.

"Vattenfall will discontinue its R&D (research and development) activities regarding coal power with CCS (carbon capture and storage)," the group said in a statement explaining its new research plans.