CSR Glossary
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, profi tability and value creation.
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.
D
Deregulation
Abolishment of monopolies in order to open up for competition. Here used as a synonym for liberalisation.
E
EEX
European Energy Exchange.
Elforsk
Swedish R&D organisation for the electricity industry.
F
Fossil fuels
Oil, hard coal, lignite, natural gas and peat.
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
H
ha
Hectare, equals 10,000 square metres.
I
IEA
International Energy Agency
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.
L
Lignite (brown coal)
Lignite is the type of coal that fi rst develops when peat is compacted. Lignite has a lower energy content than and different characteristics to the longer compacted hard coal (anthracite).
M
MW
Megawatt. Capacity measure.
MWh
Megawatt–hour — 1,000 kWh.
N
n.a.
Not available.
Nord Pool
The Nordic Power Exchange.
R
R & D
Research and development.
Renewable energy sources
Non–finite energy sources such as wind, solar, geothermal, wave, tidal and hydropower, biofuels
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 companyinteracts. For a specific list of Vattenfall’s main stakeholders, see 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.
T
TWh
Terawatt–hour — 1,000,000,000 kWh.
V
Value chain
Generation, transmission, distribution and sale of electricity and heat.
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