Industrial giants form energy company

Anna Broberg

0

“The expansion of the Swedish electricity system is the biggest infrastructure investment in Sweden in over a century. For the investment to be implemented, the energy companies, together with the state and industry, will need to clarify the conditions. Swedish industry is ready to participate in this process over the coming years,” says Tom Erixon, Chairman of the newly formed company Industrikraft and CEO of Alfa Laval.

Initially, Industrikraft is a collaboration between Alfa Laval, Boliden, SKF, Stora Enso and the Volvo Group as equal shareholders. A number of industrial companies that Industrikraft is already in dialogue with are expected to join as co-owners in a second stage.

The purpose of Industrikraft is to create a platform for Swedish industry to constructively contribute its perspectives and expertise in energy issues in dialogue with energy companies and the state. The dialogue is expected to include issues such as risk-sharing models and financing. What solutions are required for the necessary investments to be implemented needs to be clarified in the near future.

Industrikraft believes that electrification is crucial for the industrial transformation needed for Sweden to achieve its climate goals. Access to electricity at competitive prices is required. Industrikraft believes that all fossil-free energy sources are needed, as well as baseload power such as nuclear power, large-scale expansion of wind and solar power, together with significant energy efficiency measures.

In addition to Chairman Tom Erixon, the Board of Industrikraft will consist of Håkan Buskhe, Martin Lundstedt, Mikael Staffas and Carl-Henric Svanberg.

The translation was written by an AI system, though the original text was authored by a human.