Sweden

Sweden

Vattenfall secures wind turbine supply pipeline

In a deal valued at SEK 1.6 billion (EUR 169 million), Swedish utility Vattenfall has ordered 100 wind turbines from Siemens. With around 20 projects currently seeking planning permission, Vattenfall says the deal ensures supply for the next two years -- the units are slated for delivery in 2009 and 2010. Most of its planned projects are onshore, including the 20 turbine Ryningsnäs wind farm in Hultsfreds and the 10-20 turbine Lilla Edet project. Some of the Siemens turbines will be used to repower older projects it owns in Denmark. Longer term, the utility plans to install around 1000 turbines in Sweden over the next decade, including offshore. The company's Hans von Uthmann estimates it will spend SEK 41 billion (EUR 4.3 billion) to add 8 TWh of wind generation. This will account for almost half of the company's SEK 82 billion (EUR 8.7 billion) plan to add 18 TWh of new electricity production in Sweden within the next ten years.

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