Vattenfall CEO Øystein Løseth announced the company is content with the divestments made during 2011 and the first quarter of 2012, which brought in SEK 37 billion (U.S.$56 billion).
Vattenfall’s combined heat and power (CHP) business in Denmark includes three large coal-fired CHP plants; the 660 MW Nordjylland Plant in Aalborg, the 675 MW Fyn Plant in Odense and the 410 MW Amager Plant in Copenhagen.
Instead of divesting these plants, Vattenfall is now accelerating the evaluation of the possibility to co-fire biomass in the Danish plants in order to reduce CO2 emissions. This is fully in line with Vattenfall's strategic direction.
Coal-fired power plants to remain part of Vattenfall operations in Denmark