Organisation
Vattenfall consists of five Business Areas organised in four operating segments:
- Operating Segment and Business Area Customers & Solutions
- Operating Segment and Business Area Wind
- Operating Segment Power Generation consisting of Business Area Generation and Business Area Markets and
- Operating Segment and Business Area Distribution.
The Electricity Distribution Operators are legally unbundled and separated from Vattenfall’s other operations.
Read more about the business areas below.
Centralised Staff functions are supporting and steering the business:
- Staff Function CFO functions
- Staff Function Strategic Development
- Staff Function Communications
- Staff Function Legal, Corporate Security & Resilience
- Staff Function People & Culture
The CEO, Anna Borg, is responsible towards the Board for the operations of Vattenfall. Subsequently, the CEO has delegated various responsibilities to the Heads of the Business Areas and the Heads of the Corporate Staff functions.
1) Vattenfall’s electricity distribution operations are unbundled from other operations, in accordance with Swedish and UK legislation.
Customers & Solutions
Customers & Solutions is responsible for sales of electricity, heat, gas, energy services, and e-mobility charging solutions. Heat operations include district heating and gas-fired power plants.
Power Generation
Power Generation comprises the Generation and Markets Business Areas. Responsible for hydro and nuclear power operations as well as optimisation and trading operations, including certain large business customers.
Wind
Business Area Wind is responsible for development, construction and operation of Vattenfall’s wind farms as well as large-scale solar power plants and batteries.
Distribution
Business Area Distribution consists of Vattenfall’s electricity distribution operations, the Power-as-a-Service offering and the maintenance service business.
See also
The Executive Group Management focuses on the Group's overall direction.
Vattenfall has formulated a strategy to reach our goal of fossil freedom.
The directors are elected annually by the Annual General Meeting.