Sweden

Sweden

Utility Sydkraft to increase activity in wind market

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Swedish utility Sydkraft has underlined its intention to continue increasing its activity in the wind power market, after announcing a significant rise in productivity in the sector last year. The company's output from wind generated electricity increased to 159 GWh in 2004 from just 32 GWh in 2003. Most of the increase is thanks to its stake in Denmark's 165 MW offshore wind plant at Nysted. Sydkraft has also bought Swedish offshore wind development company Airicole, which gave it control of the Utgrunden II 90 MW project, planned for construction off the Swedish coast in 2007. Further investments are planned, indicates Sydkraft's Annette Brodin Rampe. "Sydkraft's customers bought roughly half of all the energy produced by wind power in Sweden in 2004, a demand which we have met up till now by being the largest importer of electricity from renewable sources," she says. Investing in more wind power at home will lessen the burden of Sydkraft's renewables imports.

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