Swedish utility Vattenfall saw profits for its wind segment drop in 2016, as new capacity additions were cancelled out by flatlining output.

In the wind business, Vattenfall’s sales remained flat at SKr6.7bn ($75m) compared to SKr6.72bn in 2015, due to lower average prices and less favourable wind conditions. 

Profit for the year, however, dropped to SKr878m compared to a profit of SKr1.4bn,