Vattenfall chief eager to sell German lignite plants

The chief executive of Swedish utility Vattenfall has reiterated his company’s desire to offload its lignite power plants in the Lusatia region of Germany.

Group CEO Magnus Hall told a press call in Stockholm on Friday that he wants to get rid of its lignite mines and coal-fired power plants in the Lausitz as soon as possible.
Magnus Hall
"We have no exact timetable, but we have said we will try to do it as soon as possible." Hall said. He has held talks with the Prime Minister of Brandenburg and Saxony, Dietmar Woidke (SPD) and Stanislaw Tillich (CDU), on the subject.

Mr Hall did not comment on whether the company had a buyer in mind, but said there would be a responsibility to look for one with a good record towards employees and the environment.

Vattenfall operates the second largest coal mining area of Germany and currently has five mines in Brandenburg and Saxony as well as several power plants. Around 8,000 people are employed in the Lusatian lignite industry.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...