More companies become shareholders in Industrikraft

Last spring, the Industrikraft consortium was formed by a group of industrial companies as a means of encouraging Sweden to invest in the production of fossil-free electricity from various energy sources and to give industry access to fossil-free electricity at competitive prices.

Industrikraft then consisted of Alfa Laval, Boliden, SKF, Stora Enso and the Volvo Group. Now more companies have joined: ABB, AFRY, Alleima, Billerud, Epiroc, Hitachi Energy, Höganäs AB, Saab, SSAB, Södra, Vectura and Volvo Cars.

Robert Andrén, who until recently was Director General of the Swedish Energy Agency, has also joined the company.

"With the current 17 partners, all industrial sectors are well represented in Industrikraft and we will be a clearer party in continued dialogues on how the Swedish energy system should be financed, secured and expanded. Industrikraft's position will be based on an energy system analysis compiled by Robert Andrén with his deep expertise. This analysis will be particularly important in the context of investments in nuclear power," says Tom Erixon, Chairman of Industrikraft.

Industrikraft is actually not a new consortium. The first version was formed 15 years ago with the aim of building two new nuclear reactors at Ringhals in 2023. But that project did not materialise when the state-owned energy company Vattenfall's then CEO Lars G Josefsson was fired after Vattenfall's dealings in Germany.

Lennart Håkansson

editor@northswedenbusiness.com