Substantial import of electricity on Swepol Link

12/11/2002 6:00 AM EST

Vattenfall and Polskie Sieci Elektroenergetyczne (PSE) today reached an agreement regarding the dry-year delivery of electricity from Poland to Sweden.

In the period 12 December 2002 to 30 April 2003 at least 200 MW, equivalent to about 600 GWh, will be imported to Sweden. Depending on the available capacity in the Polish electricity system, the deliveries can be increased.

If the dry weather persists in the Nordic countries, they may be extended beyond the agreed period.

"This shows that the cable works in the way that was originally intended. The import by Vattenfall will help to strengthen the electricity balance in Sweden as intended," says Lars Josefsson, President and CEO of Vattenfall.

SwePol Link, the electricity cable between Poland and Sweden, is an HVDC cable between the two countries, which is own and operated by SwePol Link AB, itself owned by Svenska Kraftnät (51 per cent), Vattenfall AB (48 per cent) and PSE (1 per cent).

The aim of this arrangement is to guarantee the environmentally friendly supply of electrical energy to Poland, to strengthen the Polish electricity grid and to enable the importation of electrical energy to Sweden during years of dry weather.

From Vattenfall's Press Office, telephone: +46 8 739 50 10.

For more information, please contact:
Erik Hagland, Supply & Trading, Vattenfall AB,
telephone +46-8-739 71 53, mobile +46-70- 379 71 53.
Vattenfall's vision is to be a leading European energy company. Vattenfall's main products are electricity and heat. Today, Vattenfall generates power and supplies energy to several million customers in the Nordic region and northern Europe. The largest electricity customers are industrial plants and energy companies.