Electricity

Vattenfall CEO Magnus Hall named new president of Eurelectric

Photo: Eurelectric

Published

May 21, 2019

Country

Comments

0

Share

Published:

May 21, 2019

Country:

Comments:

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

coal-power-generation-eu

Fossil fuels returned as top energy source in EU power generation in 2021

01 July 2022 - Among renewable sources, the biggest increase in 2021 was seen in electricity produced from solar energy, 13%,

Voltalia breaks ground Albania biggest solar park Western Balkans Karavasta

Voltalia breaks ground in Albania for biggest solar park in Western Balkans

01 July 2022 - The site for the Karavasta solar park spans 196 hectares in Fier county in Albania's west. The planned capacity is 140 MW.

net-loss-eps-q1

Serbia’s power utility EPS posts Q1 net loss of EUR 254 million

30 June 2022 - The state-owned power utility is blaming the poor result on a drop in output, electricity imports, and capped prices for end-consumers

EU agrees fossil fuel car ban as climate package talks are starting

EU agrees fossil fuel car ban as climate package talks are starting

29 June 2022 - The Council of the EU and European Parliament are set for talks on the Fit-for-55 package. Both agree new combustion engines should be banned by 2035.