Ovik Energi

What Ovik Energi does

Övik Energi AB is a municipally-owned energy and connectivity utility headquartered in Örnsköldsvik, Sweden, wholly owned by Örnsköldsviks kommun. Originating from the first electricity generation in Örnsköldsvik by de Laval in 1895 and incorporated as Övik Energi AB in 1993 following the deregulation of the Swedish electricity market, the company operates a fully integrated utility serving residential, commercial, and industrial customers across the Örnsköldsvik region with electricity, district heating, district cooling, industrial steam, fiber broadband, and EV charging services.

The company's core technology is the Hörneborgsverket combined heat and power plant, a biofuel-fired CHP facility with a 130 MW fluidized-bed boiler and 40 MW turbine that achieves 88% total efficiency. The plant cogenerates approximately 300 million kWh of industrial steam, 350 million kWh of district heating, and 250 million kWh of electricity annually from locally sourced forest biomass residues (bark, chips, sawdust, branches/tops) secured through the Domsjö Fiber AB joint venture. Complementing the CHP plant, Övik Energi operates district cooling networks drawing cold water from ~25 meters depth in Öviksfjärden (>99.9% reliability), an open-access FTTH fiber network carrying 9 ISPs and 46 services at up to 1 Gbit/s symmetric, and a regulated local electricity distribution network through wholly-owned subsidiary Övik Energi Nät AB.

Revenue is generated through six streams: regulated electricity network distribution (Övik Energi Nät AB), competitive electricity retail (elhandel) with 100% renewable supply, district heating subscriptions, industrial steam supply at 8 bar to Domsjö-area industrials (Domsjö Fabriker, Akzo Nobel, SEKAB), district cooling subscriptions, and fiber wholesale. Go-to-market combines a named enterprise sales team (Emil Edelsvärds, Jörgen Söderlund, Therese Svensson, Måns Edblad) for commercial and BRF accounts, inbound customer service and the "Mina sidor" self-service portal for residential customers, and a wholesale open-access model for fiber ISPs. As of 2025, the entire fuel mix is 100% renewable — HVO100 has replaced the last fossil oil, peat use ended in 2024, and all electricity sold has been renewable since 2022.

Name

Ovik Energi

Legal name

Övik Energi AB

Website

https://ovikenergi.se

Company type

Private

Founded year

1895

Operating status

Operating

Headcount range

101–250 employees

Short description

Övik Energi AB is a municipally-owned Swedish energy utility in Örnsköldsvik providing electricity, district heating, district cooling, fiber broadband, industrial steam, and EV charging from a biofuel CHP plant to residential, commercial, and industrial customers across the region.

Ownership category

akta.pro rank

Product category

Municipal Energy and Fiber Utility Services

NAICS

Electric Power Generation (22111), Steam and Air-Conditioning Supply (221330), Steam and Air-Conditioning Supply (22133)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Biomass CHP & Cogeneration Plants (Industrial & Utility) (EUAAAGAA)

akta.pro secondary industries

Biomass Plant Operations, Maintenance & Performance Services (O&M) (EUAAAGAI), Onsite Low-Carbon Heat & CHP (Electrified CHP, Fuel Cells, Renewable CHP) (EUABAJAI), Biomass Heating Systems (Commercial/Institutional Boilers) (EUAAAGAE)

Keywords

• District energy services
• Electricity distribution network
• Fiber broadband network
• Renewable district heating
• Industrial steam supply

Headquarters

HQ city

Örnsköldsvik

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D

Revenue model

1. Electricity Sales (Elhandel): Sale of 100% renewable electricity to residential and commercial customers in Örnsköldsvik. Customers choose between fixed and variable price contracts. As the local electricity supplier, provides designated (default) contracts for customers who do not choose a supplier.
2. Electricity Network Distribution (Elnät): Ownership and operation of the local electricity distribution network in central Örnsköldsvik and surrounding rural areas through subsidiary Övik Energi Nät AB. Monopoly utility regulated under Swedish energy law. Responsible for network maintenance, new connections, and metering.
3. District Heating (Fjärrvärme): Production and distribution of district heating to residential, commercial, and industrial customers. Heating produced mainly from locally sourced biofuel (forest residues) at Hörneborgsverket. Minimal customer supervision required — runs largely automatically.
4. Industrial Steam Supply (Ånga): Production and sale of industrial steam to customers in the Domsjö industrial area (including Domsjö Fabriker, Akzo Nobel, and SEKAB). Steam extracted at 8 bar from the CHP turbine, distributed via a dedicated steam network.
5. District Cooling (Fjärrkyla): Production and distribution of district cooling using naturally cold lake water. Sold to commercial properties, offices, healthcare facilities, and industries. Higher reliability (over 99.9%) and lower energy cost vs. individual cooling systems.
6. Fiber Network (Fibernät): Ownership and operation of open-access fiber network. Revenue comes from network fees charged to ISPs and/or end customers. Customers only pay once they activate an internet service subscription with an ISP.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels8 records

Core offering

Övik Energi is a municipally owned multi-utility that produces 100% renewable electricity, district heating, district cooling, and industrial steam from the Hörneborgsverket biofuel CHP plant, while also operating the regulated local electricity distribution network and an open-access fiber-to-the-home broadband network serving residential, commercial, and industrial customers in Örnsköldsvik, Sweden.

Product overview

Övik Energi is a municipal energy company based in Örnsköldsvik, Sweden, providing an integrated portfolio of energy and connectivity services. The core of its operations is the Hörneborgsverket combined heat and power plant, which produces steam, electricity, and district heating from 100% renewable bio-fuel. On top of this, the company offers electricity network and supply (through Övik Energi Nät AB), district heating, district cooling (using natural fjord water), fiber broadband (open-access network with multiple competing ISPs), and EV charging solutions (Halo and Aura wallboxes with cloud management). Products and services are organized around four core infrastructure networks: electricity, heat/steam, fiber, and cooling, supplemented by smart charging and digital customer portals. The company also maintains interests in Domsjö Fiber AB, Nolavind wind cooperative, Norrsken AB, and SEKAB.

Differentiator

Problem solved

Functional benefit

Products and services

• Electricity Supply (Elhandel) Sale of 100% renewable electricity (hydropower and wind) to residential and commercial customers in Örnsköldsvik. Customers choose between fixed-price and variable-price contracts. As the local electricity supplier, Övik Energi provides designated (default) contracts for customers who do not actively choose a supplier.
• Electricity Network Distribution (Elnät) Ownership and operation of the local electricity distribution network in central Örnsköldsvik and surrounding rural areas via wholly-owned subsidiary Övik Energi Nät AB. Monopoly utility regulated under Swedish energy law. Covers new connections, ongoing maintenance, metering, and measurement reporting.
• District Heating (Fjärrvärme) Production and distribution of district heating to residential, commercial, and industrial customers. Heating is produced primarily from locally sourced biofuel (forest residues such as bark, chips, and sawdust) at Hörneborgsverket and runs largely automatically with minimal customer supervision.
• District Cooling (Fjärrkyla) Production and distribution of district cooling sourced from naturally cold bottom water at approximately 25 meters depth in Öviksfjärden, transferred to the district cooling network via heat exchangers. Over 99.9% operational reliability. Two networks: central Örnsköldsvik and Domsjö industrial area (High Coast Innovation Park). Sold to commercial properties, offices, healthcare facilities, and industries.
• Industrial Steam Supply (Ånga) Production and sale of industrial steam at 8 bar extracted from the Hörneborgsverket CHP turbine, distributed via a dedicated steam network to customers in the Domsjö industrial area (including Domsjö Fabriker, Akzo Nobel, and SEKAB). Steam is used for heating process air for drying and achieving high temperatures in chemical processes. Primarily produced from renewable biofuel from local forestry and sawmill industry.
• Fiber Network (Fibernät) Open-access fiber-to-the-home (FTTH) network built to Robust Fiber standards, offering internet, TV, and telephony services through 9 competing ISPs (Allente, Telia, Bahnhof, Tele2, Boxer, Bredband2, VK Media, Halebop, Internetport) selling 46 services. Network speeds up to 1,000 Mbit/s symmetric. Weatherproof underground fiber infrastructure. Customers only pay once they activate an internet service subscription with an ISP.
• Smart EV Charging (Smart laddning) — Halo & Aura with Cloud Service Smart EV charging solution for properties and businesses, comprising the Halo single-outlet wallbox (3.7–11 kW, 7.5 m integrated cable) and the Aura dual-outlet wallbox (two 22 kW outputs for simultaneous charging). Both support cloud-based monitoring and management, load balancing, and scheduling. Sold as part of a multi-year package for BRF and commercial properties.

Quantifiable outcome

• 88% total energy efficiency at Hörneborgsverket CHP plant — high compared to other combined heat and power plants
• +4 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Domsjö Fiber ABcoreStrategic or Co-development PartnerJoint venture formed in 2006 between Övik Energi and Domsjö Fabriker. Coordinates procurement of cellulose wood and biofuel to secure supply for both companies. Also coordinates biofuel transportation. Övik Energi and Domsjö Fabriker are co-owners.
• Nolavind kooperativa ekonomiska föreningminorStrategic or Co-development PartnerCooperative wind power association that owns the 'Linda' wind turbine at Skagsudde, operational since November 2000. Övik Energi purchases all electricity produced by the wind turbine.
• Norrsken ABminorStrategic or Co-development PartnerÖvik Energi is co-owner of Norrsken AB, enabling collaboration on broadband infrastructure development across a large geographic area.
• SEKAB BioFuels & Chemicals ABcoreStrategic or Co-development PartnerÖvik Energi is co-owner through Norrlands Etanolkraft AB. SEKAB produces and distributes bioethanol as vehicle fuel and green chemical products. Also develops next-generation cellulose-based ethanol processes. Övik Energi supplies industrial steam to SEKAB from Hörneborgsverket.
• Kommunbränsle i Ådalen ABminorStrategic or Co-development Partner60% owned by Övik Energi, 40% by Härnösand Energi & Miljö AB. Supplied peat as biofuel to Hörneborgsverket. Last peat delivery was in 2024; now undergoing land restoration of peat extraction areas.
• ElinorrförbundetminorStrategic or Co-development PartnerAssociation of 11 local electricity network companies including Övik Energi Nät. Purpose is to promote collaboration, leverage expertise, and improve cost efficiency for long-term viability.
• Processum Biorefinery ClusterminorStrategic or Co-development PartnerÖvik Energi is a member of Processum Biorefinery Cluster, representing leading process industry companies in Örnsköldsvik and surrounding area. Mission is to coordinate new business and product development, R&D, and marketing activities within the process industry.
• Energiföretagen SverigeminorStrategic or Co-development PartnerIndustry association formed from members of Svensk Energi and Svensk Fjärrvärme. Brings together companies that produce, distribute, trade, and store electricity, heat, and cooling. Drives change for a long-term sustainable society through collective action.
• KomTek ÖrnsköldsvikminorGTM or Marketing PartnerCollaboration and sponsorship of KomTek's activities as an investment in children's and youth's knowledge and interest in technology. Works to create engaging pathways to technology and science education for young people in the municipality.
• Yrkeshögskolan i Härnösand (Heta utbildningar)minorImplementation/ SI/ Consulting PartnerEducational collaboration providing three programs: Bredbandsprojektör (Broadband Designer), Drifttekniker inom kraft och värme (Operations Technician for Power and Heat), and Driftingenjör Elkraft (Power Engineer). Part of the HING distant learning program.
• CoreITminorChannel Partner/ Reseller/ DistributorIT services partner offering managed services, server management, email/calendars/web programs, and customer support for fiber network business customers. Övik Energi owns fiber infrastructure; CoreIT delivers add-on IT services.
• NordlominorChannel Partner/ Reseller/ DistributorIT services partner offering managed services, server management, email/calendars/web programs, and customer support for fiber network business customers. Övik Energi owns fiber infrastructure; Nordlo delivers add-on IT services.
• ØrstedminorStrategic or Co-development PartnerCollaboration with Ørsted on Axel Lindberg's thesis project investigating the potential to utilize excess heat from the FlagshipONE e-methanol facility for greenhouse and fish farming (aquaponics) in Örnsköldsvik. The thesis was conducted at Övik Energi.
• Dig.2020 (Länsstyrelsen Västernorrland)minorStrategic or Co-development PartnerRegional broadband project (2016–2020) for backbone fiber network connecting the municipality and county's fiber networks. Co-financed by the European Regional Development Fund, Länsstyrelsen Västernorrland, and municipalities including Örnsköldsvik. Övik Energi is a cooperation partner.

Scale indicators9 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Skellefteå Kraft: Swedish municipal utility headquartered in Skellefteå providing electricity generation and distribution, district heating, and broadband to a northern Swedish municipality. Closely comparable to Övik Energi in scale, ownership structure (municipally owned), integrated energy + fiber model, and northern Swedish footprint.
• Umeå Energi: Municipal energy company in Umeå providing electricity, district heating/cooling, and broadband. Operates biomass-based CHP and an open fiber network serving residential and industrial customers in a similar northern Swedish geography — directly comparable business mix and customer segments to Övik Energi.
• Jämtkraft: Östersund-based municipal utility providing electricity, heating, cooling, and broadband across the Jämtland region. Comparable integrated utility model with renewable CHP, regulated grid operations, and fiber services — similar scale and structure to Övik Energi.
• Sundsvall Energi: Municipal energy company in Sundsvall (Västernorrland county, same region as Örnsköldsvik) producing and distributing electricity, district heating, and broadband. Similar municipal ownership structure, biomass CHP operations, and fiber/wholesale telecom model.
• Tekniska verken i Linköping: Larger Swedish municipal utility providing electricity, district heating/cooling, biogas, water, and broadband to Linköping. Operates a biomass-based CHP plant and open fiber network; comparable integrated business model though larger scale than Övik Energi.
• Härnösand Energi & Miljő: Neighboring municipal utility in Härnösand that is also a partner of Övik Energi (co-owner of Kommunbränsle i Ådalen AB). Provides electricity, heating, and broadband in the same Västernorrland region — comparable municipal utility scale and operating model.

Regional players

• Miva (Miljö och Vatten i Örnsköldsvik AB): Local municipal water/wastewater and energy services company that acquired Domsjö Vatten AB from Övik Energi in 2012. Operates in the same Örnsköldsvik geography as a regional municipal utility — adjacent rather than directly competing in core energy services.

Broad incumbents

• Göteborg Energi: Much larger Swedish municipal utility (owned by Göteborgs Stad) providing electricity, district heating/cooling, gas, and broadband. Overlaps with Övik Energi in CHP and fiber services but operates at a significantly larger scale and broader portfolio.
• Vattenfall: Sweden's largest state-owned electricity and heat producer with extensive biomass CHP, district heating, and electricity network operations. A broad incumbent that competes for large industrial customers and renewable electricity sales across Sweden.
• E.ON Sverige: Major Swedish energy incumbent operating electricity networks, district heating, and retail electricity supply in multiple Swedish regions. Competes for industrial steam and electricity supply contracts and represents a broader incumbent alternative to Övik Energi in the Swedish utility market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ovikenergi
• Facebookfacebook.com/ovikenergi

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ovik Energi