Vattenfall to investigate future possibilities for Magnum power plant

Vattenfall will investigate the sale of its gas-fired power plant Magnum in Eemshaven in the Netherlands. With this strategic choice, Vattenfall focuses its conventional operations on gas-fired power plants with a specific role in heat supply. In addition, the means from a possible sale of Magnum can be used for investments in renewable energy production such as offshore wind.

Magnum power plant was originally designed as a coal gasification installation, but eventually built as a gas-fired power station with three steam and gas turbines and has the full potential to run on CO2-free fuel such as hydrogen in the future.

“Magnum is a profitable and state-of-the-art gas-fired power station with an important role in the security of supply in the Netherlands. At the heart of our heat operations is however the district heating business where we are focusing on decarbonising the heat supply to our customers. That is why we are now investigating whether a buyer can be found for our well-running plant,” Alexander van Ofwegen, Head of Vattenfall’s Dutch Heat operations says.

Magnum plant profitable for the long term
Magnum is "hydrogen-ready" and with relatively simple adjustments to, for example, the burners, it could quickly be made technically suitable for co-firing hydrogen or even completely switching to this fuel as a replacement for natural gas. A feasibility study for this has been successfully completed. The plant is expected to be needed for at least another 20 years. Continuity of business operations and employment are therefore not in question.

For further information:
Vattenfall Press Office +46 (0)8 739 5010, press@vattenfall.com

See also

Construction of Magnum power plant

Vattenfall to sell Dutch power plant Magnum to RWE

Vattenfall and RWE have agreed that RWE will take over the Magnum gas-fired power station in the Dutch Eemshaven from Vattenfall as of 30 September 2022.

Read the full article
Lichterfelde combined cycle gas turbine (CCGT) plant in Berlin, Germany

Vattenfall reduces carbon dioxide emissions with new CHP plant in Berlin

Vattenfall has inaugurated a new, efficient Heat and Power (CHP) plant at the company's Lichterfelde generation facility in south-west Berlin. The new Combined Cycle Gas Turbine (CCGT) plant...

Read the full article
Aerial view of Ringhals nuclear power plant

Vattenfall begins feasibility study on construction of small modular reactors at Ringhals

Electricity consumption in Sweden is expected to increase rapidly over the coming decades and, for this reason, Vattenfall is working actively to find out how different fossil-free energy so...

Read the full article