Industrikraft Sverige

What Industrikraft Sverige does

Industrikraft i Sverige AB is a Stockholm-domiciled Swedish industrial consortium founded in June 2024 (organization number 559484-8961) by Alfa Laval, Boliden, SKF, Stora Enso and Volvo Group to coordinate industrial engagement on Sweden's electricity supply and enable new nuclear power for the first time in 40 years. From 2026, ownership rests with nine Swedish industrial companies: ABB, Alfa Laval, Boliden, Hitachi Energy, Höganäs AB, Saab, Stora Enso, SSAB and Volvo Group, with eight other former members (Afry, Alleima, Billerud, Epiroc, SKF, Södra, Vectura, Volvo Cars) continuing energy system engagement in a non-owner capacity. The consortium functions as a coordination platform rather than a product vendor, providing energy system analysis, policy advocacy, and a SharePoint-based shareholder portal for confidential collaboration among co-owners. Its most material commercial activity is a 20% equity stake in Videberg Kraft AB, a project company established by Vattenfall in April 2025 to develop three Rolls-Royce SMR reactors (470 MW each, approximately 12 TWh of annual fossil-free electricity) at Väröhalvön near Ringhals; in June 2026 the Swedish state agreed to acquire a 60% majority stake in Videberg Kraft from Vattenfall, effective 2027, leaving Vattenfall at 20% and Industrikraft at 20%.

Industrikraft's business model is not revenue-based in the conventional sense; it is a member-funded industry initiative with no commercial pricing model, and its economic value accrues to member companies through future baseload electricity supply and coordinated policy influence rather than top-line income. Leadership comprises Johan Ahlgren as Acting CEO (former CLO at ASSA ABLOY, SVP & General Counsel at E.ON Nordic, and VP & General Counsel at Alfa Laval), Catharina Jevrell as head of External Relations & Communications, and a board chaired by Karl-Henrik Sundström with senior executives from member companies. Go-to-market is institutional: direct engagement with the Swedish government on state ownership, risk-sharing and financing frameworks, supplemented by participation in forums such as Almedalen, press releases, and a LinkedIn presence.

Underlying technology comprises (i) energy system analysis capabilities that inform recommendations on financing, securing and expanding Sweden's energy system, and (ii) a nuclear power coordination platform anchored on the Videberg Kraft project, where Industrikraft holds a 20% co-investment alongside the Swedish state (60%) and Vattenfall (20%). The selected SMR technology is Rolls-Royce SMR's pressurized water reactor design, with supplier selection narrowed in 2025 from a shortlist that also included GE Vernova's BWRX-300. IndustriKraft does not develop proprietary reactor technology; its technical differentiation lies in the integration and coordination role across industrial demand, state policy, and reactor supply rather than in any underlying energy technology.

Name

Industrikraft Sverige

Legal name

Industrikraft i Sverige AB

Website

https://industrikraft.se

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

Industrikraft i Sverige AB is a Swedish industrial consortium owned by nine major industrial companies that coordinates energy system analysis, policy advocacy, and a 20% co-investment in Videberg Kraft AB to develop new nuclear power capacity in Sweden.

Ownership category

akta.pro rank

Product category

Industrial Energy Coordination Services

NAICS

Nuclear Electric Power Generation (221113)

SIC

Electric Services (4911)

akta.pro primary industry

Project & Program Management (PMO), Controls & Reporting (EUAKAAAC)

akta.pro secondary industries

Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence) (EUAMAAAG), Incentives, Grants & Program Administration (Auctions, Tenders, IRA/ITC/PTC Advisory) (EUAMAAAJ)

Keywords

• Industrial energy consortium
• Nuclear power development
• Energy system analysis
• Fossil-free electricity
• Industrial energy initiative

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Distribution channels1 record

Marketing channels3 records

Core offering

Industrikraft is a Swedish industrial consortium that provides a common platform for member companies to coordinate their perspectives and expertise on energy system policy. Its operational deliverables include industry-wide energy system analyses, policy proposals on how Sweden's electricity supply should be financed and expanded, and co-investment with Vattenfall in Videberg Kraft AB to develop new nuclear power generation at Väröhalvön near Ringhals.

Product overview

Industrikraft is an initiative from leading Swedish industrial companies to provide the industry's perspective on designing a robust energy system in Sweden. The offering consists of a shareholder collaboration platform (SharePoint portal) and joint investment in nuclear power development through Videberg Kraft AB. Industrikraft's core activities include energy system analysis, policy proposals for future energy systems, and co-investment with Vattenfall in new nuclear power at Väröhalvön. The consortium is not a software product company but rather an industrial collaboration framework for energy infrastructure development.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrikraft Shareholder Portal (Delägarportal) Collaboration platform for Industrikraft's shareholder companies providing secure access to confidential documents, drafts, and project materials supporting joint work on Swedish energy system development and the Videberg Kraft nuclear project.
• Energy System Analysis Comprehensive analysis of how Sweden's energy system should be financed, secured, and expanded to meet industrial electrification needs and climate goals, presented as policy proposals and used to underpin the Videberg Kraft co-investment decision.
• Videberg Kraft AB (Nuclear Power Project Participation) Joint nuclear power project company developing three Rolls-Royce SMR reactors (470 MW each) at Väröhalvön near Ringhals, in which Industrikraft holds a 20% ownership stake. Planned annual output is approximately 12 TWh of fossil-free electricity.

Quantifiable outcome

• Fossil-free electricity supply for Swedish industry
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• Rolls-Royce SMRcoreTechnology or Integration · 15 June 2026Videberg Kraft's board decided to select Rolls-Royce SMR as the supplier of new nuclear power at Väröhalvön. Three reactors with 470 MW each will be built using modular SMR technology (pressurized water reactor/PWR), the same type of technology used at Ringhals today. Rolls-Royce SMR is a British company whose parent Rolls-Royce has long been suppliers of nuclear-powered submarines.
• VattenfallcoreStrategic or Co-development Partner · 10 November 2025Industrikraft and Vattenfall signed an agreement for co-investment and collaboration enabling the next step in new nuclear power development in Sweden. Nine companies within Industrikraft (ABB, Alfa Laval, Boliden, Hitachi Energy, Höganäs AB, Saab, Stora Enso, SSAB, and Volvo Group) are entering as co-owners to 20% in Videberg Kraft AB. The agreement covers investment co-funding, project competence, and technology selection for new nuclear power at Ringhals/Väröhalvön.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Fortum: Finnish/Nordic utility with significant nuclear generation (via TVO stake) and broader renewable portfolio. Compares as a Nordic utility engaged in nuclear and electrification, though it is a publicly listed operator rather than an industrial consortium.
• Uniper: German utility with nuclear generation interests and a co-owner in OKG. Comparable as a European utility participating in Swedish nuclear and considering SMR deployment in Germany.

Regional players

• Studsvik: Swedish nuclear services and consulting firm with deep Nordic nuclear expertise. Comparable as a domestic Swedish ecosystem participant supporting nuclear operations and new-build projects.
• OKG (Oskarshamns Kraftgrupp): Swedish nuclear operator at Oskarshamn; co-owned by major Swedish industrial shareholders (including Uniper and Fortum). Comparable as a Swedish industrial-backed nuclear operator in the same regulatory and grid environment.

Direct peers

• Vattenfall: Swedish state-owned utility and co-investor in Videberg Kraft. Operates Ringhals and is the natural operational partner for Swedish industrial nuclear — directly comparable on the industrial-co-investment axis.
• Teollisuuden Voima (TVO): Finnish industrial consortium (owned by major Finnish industrials including Outokumpu, Kemira, Neste) that owns and operates nuclear power plants (Olkiluoto). Closest analogue to Industrikraft's industrial-co-investor model in nuclear generation.

Emerging players

• NuScale Power: US-based SMR developer pursuing commercial deployment. Comparable as a competing SMR technology platform that could be selected for future Swedish industrial SMR projects.
• Rolls-Royce SMR: UK-based SMR developer selected as Videberg Kraft's technology supplier. Directly comparable as the principal SMR technology choice shaping Industrikraft's project economics.
• GE Hitachi Nuclear Energy: Developer of the BWRX-300 SMR, the alternative supplier considered for Videberg Kraft. Comparable as a competing SMR vendor targeting the same Nordic industrial-customer market.

Others

• Skanska: Nordic construction/EPC firm with nuclear and large-infrastructure capability. Comparable as a potential execution partner in the construction phase of Videberg Kraft and other Swedish nuclear projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/industrikraft-sverige

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Industrikraft Sverige