Electricity

Vattenfall CEO Magnus Hall named new president of Eurelectric

Photo: Eurelectric

Published

May 21, 2019

Country

Comments

comments icon

0

Share

Published:

May 21, 2019

Country:

Comments:

comments icon

0

Share

Vattenfall President and CEO Magnus Hall has been appointed new president of Eurelectric for the next two years, according to press releases from the Sweden-based energy company and the pan-European electricity sector association.

Eurelectric, the European industry association for the electricity sector, represents over 3,500 companies in more than 30 European countries in power generation, distribution and supply.

The priorities of Hall’s two-year mandate will be to continue the efforts of the electricity industry in becoming carbon-neutral by 2045 and leading a timely energy transition. Under his presidency, Eurelectric will call upon new EU policy leaders to enable widespread electrification, while ensuring a fair and inclusive transition.

The priorities of Hall’s two-year mandate will be to continue the efforts of the electricity industry in becoming carbon-neutral by 2045 and leading a timely energy transition

Vattenfall has the strategic ambition to make fossil-free living possible within one generation and 75% of its electricity production is already fossil free. Against this background, it has become a pioneer helping other sectors become carbon-free through electrification. The utility is notably in partnerships with industry developing the world’s first fossil free steel and CO2-neutral cement, Eurelectric said.

75% of Vattenfall’s electricity production is already fossil free

“Electrification is the key to changing Europe towards a fossil free future. My prime objective as President of Eurelectric is to continue the cooperation with decision makers and industry to increase the pace of electrification in the transport, heating and industrial sectors,” says Hall.

According to Hall, carbon-neutral electricity can help lead the transition in the energy industry and other sectors. This requires further investments in renewable electricity generation, as well as efficient electricity distribution, he said, adding “We also need to help citizens change towards a fossil free life.”

During his mandate, Magnus Hall will be supported by Patrick O’Doherty, CEO of Irish utility ESB, and by Leonhard Birnbaum, member of the board of management of Germany’s E.On SE, as vice-presidents.

Magnus Hall takes over from Francesco Starace, CEO of Italy’s Enel, who has headed Eurelectric as president for the last two years.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

DRI OMV Petrom Romania largest physical PPA

DRI, OMV Petrom sign Romania’s largest physical PPA so far

21 December 2024 - The new physical solar power purchase agreement between DRI and OMV Petrom is the largest ever in Romania

Renewable energy project frenzy in Greece defies curtailments, grid constraints

Renewable energy project frenzy in Greece defies curtailments

20 December 2024 - Applications for new renewable energy projects continued unabated in Greece in 2024 according to Independent Power Transmission Operator

north macedonia esm kfw bogdanci bitola solar wind uncev Moritz Remé

North Macedonia’s ESM secures loan, grant for solar projects, wind farm Bogdanci

20 December 2024 - The solar power plants will be installed within coal mining and energy complexes REK Bitola and REK Oslomej

Electricity sector officials visit Albania trailblazing photovoltaic plants GIZ regional decarbonization project

Electricity sector officials visit Albania’s trailblazing photovoltaic plants as part of GIZ regional decarbonization project

20 December 2024 - GIZ organized a field trip and presentations in Albania for energy ministries, electricity DSOs and regulators in the Western Balkans