Vattenfall’s Q2 generation rebounds; German nuclear boosts earnings

摘要

Vattenfall’s Q2 2021 power production climbed 8% year on year, boosted by strong nuclear generation and despite a dip in hydro output, the Swedish utility said July 20. Nuclear output rose 37% on the year while hydro fell 7%, the two accounting for 75% of total Q2 generation of 25.9 TWh. Availability of Vattenfall’s Swedish reactors rose to 91% for the first six months 2021 from 79% a year ago. Ringhals 3 is to be offline until September to reposition a fuel element, while Ringhals 1 was closed end-2020.