Vattenfall's CEO Magnus Hall elected President of Eurelectric
Magnus Hall, CEO of Sweden-headed energy utility Vattenfall AB has been appointed new President of Eurelectric for the next two years.
“Electrification is the key to changing Europe towards a fossil-free future. My prime objective as President of Eurelectric is to continue the cooperation with decision-makers and industry to increase the pace of electrification in the transport, heating and industrial sectors,” says Magnus Hall.
With a head office in Brussels, Belgium, Eurelectric, the European industry association for the electricity sector, represents over 3 500 companies in more than 30 European countries in power generation, distribution, and supply. The association’s overall objective is to achieve a carbon-neutral power sector well before 2050.
Powered by carbon-neutral electricity, we can lead the transition in the energy industry and other sectors. This requires further investments in renewable electricity generation, as well as efficient electricity distribution. We also need to help citizens change towards a fossil free life. The conditions and starting points naturally differ in European countries and therefore we also need politicians within the EU to decide on frameworks and fair measures that create broad social acceptance for the energy transition, said Magnus Hall.
The Presidency of Eurelectric extends over two years. During the past two years, Magnus Hall has been one of two Vice Presidents. Patrick O’Doherty, CEO of the Irish energy company ESB, and Leonhard Birnbaum, Board member of the German energy company E.ON, were elected vice Presidents at Eurelectric’s Annual Meeting in Florence, Italy.