Following announcements of increased profits last year, Vattenfall are looking to roll-out a sustainable plan for subsidy-free onshore wind projects
Gunnar Groebler, Head of Wind at Vattenfall comments; “there are no subsidies for UK onshore anymore and we are working hard to come up with a viable project in that environment. It’s tough but it unleashes creativity. My belief is that we will be able to find projects in subsidy free conditions. For onshore this may happen towards the end of this decade while for offshore it will take a little longer. However, the time could be shorter if electricity prices have a more positive development than we anticipate today.”
Profits were up in 2017 for Swedish owned company Vattenfall, with a net profit of Skr9.6bn compared with a loss of Skr2.2bn in 2016, and the company are optimistic about the future growth of wind energy: "we see significant growth opportunities within wind power and continue to expand offshore wind in the North Sea countries and onshore in prioritised markets including the UK"
Key to this achieving subsidy-free onshore wind, will be the maximum optimisation of the entire value chain, which has been a pivotal part of their profit growth in 2017.
As a result, the ALLEN & YORK Energy Recruitment Team, have seen an increased demand for wind energy jobs across; procurement, development processes, construction operations and maintenance stragegy.
Across the UK, Vattenfall currently operate 10 wind farms totally 986MW (590MW Offshore, 396 Onshore). This is part of their total operating capacity of over 1000 turbines in Sweden, Denmark, Germany, the Netherlands and the UK, generating almost 6 TWh of electricity.
Vattenfall see "significant growth opportunities within wind power and continue to expand offshore wind in the North Sea countries and onshore in prioritised markets including the UK"
New consented onshore projects in the UK include South Kyle (170MW) and Aultmore (29MW).