Vattenfall has played a major role in constructing Swedish nuclear power plants. We are constantly intensifying our efforts to achieve impeccable safety and availability levels. We will keep the options open for growth in nuclear power.
We are also an owner of nuclear power plants in Germany, which are being phased out due to political decisions in Germany.
Our nuclear power operations
In 2012, nuclear power accounted for 27 per cent of Vattenfall's total electricity generation. It also accounted for roughly a quarter of the EU's electricity generation, which is a slightly lower proportion than in 1990, when the figure was around 30 per cent.
Vattenfall owns ten nuclear reactors. Seven of these are located in Sweden (four at Ringhals, three at Forsmark), and three in Germany (Brunsbüttel, Krümmel and a minority stake in Brokdorf). The Brunsbüttel and Krümmel reactors no longer generate electricity since 2007, due to political decisions.
Reactors 1 and 2 at Ringhals nuclear power plant, south of Gothenburg in Sweden, were Sweden's first two reactors and have been in operation since 1976 and 1975, respectively.
Barsebäck, a closed down reactor in Sweden, is currently owned by Eon and was closed down in 2005. Vattenfall will carry out the demolition of Barsebäck, since we previously owned the power plant. The demolition will be funded by the Nuclear Waste Fund and can be implemented when final repository for spent nuclear fuel is ready in the 2020s.
Since 2003, Vattenfall and other joint owners of the Swedish nuclear power plants have made safety improvements and life extension investments in the Swedish reactors. These investment programmes are now approaching their concluding phases.
Future nuclear power operations
In Sweden, Vattenfall plans to run its two oldest reactors for 50 years and the others for 60 years, before phasing them out.
The German government has taken the decision to phase out the use of nuclear power. Vattenfall's nuclear assets in Germany will be wound down in accordance with this decision.