Organisation
Vattenfall consists of six Business Areas organised in five operating segments:
- Operating Segment and Business Area Heat
- 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
The Customers & Solutions Business Area is responsible for sales of electricity, gas and energy services as well as e-mobility charging solutions.
Power Generation
Comprises the Generation and Markets Business Areas. Responsible for hydro and nuclear power operations, the maintenance services business, and optimisation and trading operations, including certain large business customers.
Wind
The Wind Business Area is responsible for development, construction and operation of Vattenfall’s wind farms as well as large-scale solar power plants and batteries.
Heat
The Heat Business Area comprises Vattenfall’s heat business (district heating and decentralised solutions) and gas-fired condensing plants.
Distribution
The Distribution Business Area is responsible for electricity distribution operations in Sweden and the UK. Provides Power-as-a-Service through ownership and operation of electrical, storage, and charging infrastructure on long-term contracts.
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.