Vattenfall 2025 Report: Progress Toward Fossil‑Free Energy
Key highlights
- GHG emissions down 56% since 2017, keeping Vattenfall aligned with the 1.5°C target.
- 2025 investments SEK 30.4bn (85% EU‑taxonomy aligned); planned net investments SEK 165bn for 2026–2030, 56% allocated to growth.
- Approvals and decisions: Nordlicht I–II (offshore Germany) and Clashindarroch II (onshore UK); SEK 1.3bn Harsprånget power increase; progressed modular nuclear supplier selection and established Videberg Kraft AB.
Climate performance
Since 2017 Vattenfall's value‑chain GHG emissions have fallen 56%, keeping the company aligned with the 1.5°C target.
2025 financials and production
Investments in 2025 totaled SEK 30.4 billion, of which 85% met EU taxonomy criteria; fossil‑free electricity production reached 95 TWh.
Project decisions
Final investment decisions were taken for Nordlicht I–II (offshore Germany) and Clashindarroch II (onshore UK); Vattenfall also approved SEK 1.3 billion to increase capacity at Harsprånget hydropower and advanced selection of two modular‑reactor suppliers while launching Videberg Kraft AB.
Forward investment plan
Net investments of SEK 165 billion are planned for 2026–2030, with 56% allocated to growth projects.
Source: Vattenfall