CSR glossary

BfS
BG
BU
CHP plant
Climate change
CO₂
CSR
Deregulation
EEX
Elforsk
Fossil fuels
Generation
GHG
Green certificate
GRI
GWh
ha
IEA
kWh
Kyoto protocol
Lignite (brown coal)
MW
MWh
n.a.
Nord Pool
R & D
Renewable energy sources
SKB
SKI
Specific emissions
Spot market
Stakeholders
Sustainable development
Svenska Kraftnät
TWh
Value chain

B

BfS

Bundesamt für Strahlenschutz. German Federal Office for
Radiation Protection.

BG

Business Group. Vattenfall is organised into geographical Business Groups — Vattenfall Europe, Vattenfall Nordic and Vattenfall Poland. The Business Groups comprise Business Units and Shared Service Centres.

BU

Business Unit. Vattenfall’s business operations are conducted through Business Units with full transparency in accounting, controlling, profitability and value creation.
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C

CHP

Combined heat and power plant. Plant that generates both electricity and heat in the same process.

Climate change

Increase of the global temperature caused by a higher concentration of greenhouse gases in the atmosphere, adding to the natural greenhouse effect.

CO2

Carbon dioxide, the most prevalent greenhouse gas in the atmosphere. See GHG.

CSR

Corporate Social Responsibility — a concept whereby companies voluntarily integrate economical, social and environmental concerns in their business operations and in interactions with their stakeholders.
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D

Deregulation

Abolishment of monopolies in order to open up for competition. Here used as a synonym for liberalisation.
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E

EEX

European Energy Exchange.

Elforsk

Swedish R&D organisation for the electricity industry.
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F

Fossil fuels

Oil, hard coal, lignite, natural gas and peat.
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G

Generation

Generation of electricity. (Usage: generation of electricity; generation of heat)

GHG

Greenhouse gases — gases in the atmosphere that contribute to the greenhouse effect, such as carbon dioxide, methane and nitrous dioxide.

Green certificate

A tradable certificate issued for renewable energy. In Sweden they are called electricity certificates.

GRI

Global Reporting Initiative — internationally accepted guidelines for sustainability reporting.
Global Reporting Initiative (new window)

GWh

Gigawatt–hour — 1,000,000 kWh
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H

ha

Hectare, equals 10,000 square metres.
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I

IEA

International Energy Agency
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K

kWh

Kilowatt–hour — Energy unit. Amount of energy produced when running 1 kW of capacity for 1 hour. Amount required to run an 11–watt low–energy bulb for almost four days.

Kyoto protocol

International agreement to reduce emissions of greenhouse gases.
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L

Lignite (brown coal)

Lignite is the type of coal that first develops when peat is compacted. Lignite has a lower energy content than and different characteristics to the longer compacted hard coal (anthracite).
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M

MW

Megawatt. Capacity measure.

MWh

Megawatt–hour — 1,000 kWh.
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N

n.a.

Not available.

Nord Pool

The Nordic Power Exchange.
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R

R & D

Research and development.

Renewable energy sources

Non–finite energy sources such as wind, solar, geothermal, wave, tidal and hydropower, biofuels
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S

SKB

The Swedish Nuclear Fuel and Waste Management Company.

SKI

Swedish nuclear power inspectorate.

Specific emissions

Emissions per produced energy unit.

Spot market

Short–term physical trading in electricity on an exchange.

Stakeholders

Parties in society with whom Vattenfall as a company interacts. For a specific list of Vattenfall’s main stakeholders, see CSR Report.
CSR report

Sustainable development

Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Svenska Kraftnät

The Swedish state utility that operates the national grid.
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T

TWh

Terawatt–hour — 1,000,000,000 kWh.
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V

Value chain

Generation, transmission, distribution and sale of electricity and heat.
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