Medical and Hospital News  
CIVIL NUCLEAR
Sweden's Vattenfall results nuked by atomic energy tax
by Staff Writers
Stockholm (AFP) Feb 3, 2016


Swedish state-owned energy group Vattenfall on Wednesday reported a record loss for 2015, blaming a tax on nuclear energy and sliding electricity prices.

The company's net loss came in at 19.8 billion kronor (2.1 billion euros, $2.3 billion), compared to an 8.3-billion-kronor loss the previous year, while sales eased one percent to 165 billion kronor.

"The major challenge in 2015 continued to be the impact that today's very low electricity prices have on Vattenfall's profitability and on the valuation of our assets," Vattenfall chief Magnus Hall said in a statement.

"Continued falling prices and a nuclear tax corresponding to SEK 0.07 per kilowatt-hour have put Swedish nuclear power in a critical situation," he said.

Vattenfall has had to write down over 36 billion kronor due to the early closure of two nuclear reactors in Sweden, which became unprofitable because of stringent safety requirements, and the depreciation of coal assets in Germany as a consequence of the German government's target to curtail energy production with high CO2 emissions.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
CIVIL NUCLEAR
Germany reassured "for now" over Belgian nuclear plants
Brussels (AFP) Feb 1, 2016
Germany's environment minister Barbara Hendricks said Monday she was reassured for the moment over the safety of Belgian nuclear power plants that have also worried the Netherlands and Luxembourg. Hendricks was the latest European minister to hold talks with Belgian officials following similar meetings last month involving Luxembourg and the Netherlands about the ageing Doel and Tihange nucl ... read more


CIVIL NUCLEAR
Facebook blocks unlicensed gun sales

Ten El Faro families settle with owners of sunken US ship

China pushes inferno documentary into purgatory

Charities warn of 'desperate' plight of refugees in snow

CIVIL NUCLEAR
PSLV launches India's 5th navigation satellite

Trimble to provide GPS survey systems for U.S. Marines

SMC releases RFP for GPS III Space Vehicles

GPS vultures swoop down on illegal dumps in Peru

CIVIL NUCLEAR
Long-term study shows impact of humans on land

Scientists decode brain signals nearly at speed of perception

Chinese scientists create 'autistic' monkeys

The indications of a new geological epoch marked by human impact are clear

CIVIL NUCLEAR
Diverse migration helps birds cope with environmental change

Lizards camouflage themselves by choosing rocks

Study shows animals with larger brains are best problem solvers

Gabon's eco-guards in unequal battle against elephant poachers

CIVIL NUCLEAR
Spanish missions triggered meso american population collapse

Descendants of Black Death confirmed as source of repeated European plague outbreaks

Media coverage can help slow disease spread during epidemic

Plague pathogens hid in Europe for four centuries

CIVIL NUCLEAR
Swedish rights activist held in China returns home

China releases Swedish rights activist: Stockholm

Missing bookseller met wife in China: HK police

'Corrupt' Chinese officials seized nearly $1 bn: analysis

CIVIL NUCLEAR
Two Mexican marines, suspect killed in shootout

U.S., U.K. help build West African partners' anti-piracy capabilities

CIVIL NUCLEAR
China cuts downpayments on some home purchases

China manufacturing index falls to three-year low: govt

China grapples with contradictions over currency

China floods financial system with $52 bn to boost liquidity









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.