Invest in energy

A green and reliable energy system 

Sweden combines large‑scale clean electricity with world‑class grid technologies. The market for storage, hydrogen, and advanced electrification is expanding fast, supporting both energy developers and power‑intensive companies. 

• Energy generation: Sweden produces electricity from hydropower, nuclear power, wind, solar, and bioenergy, creating a near fossil‑free system 
• Transmission and smart grids: Sweden offers global leadership in high‑voltage direct current technology and digital grid solutions, strengthening stability and flexibility 
• Hydrogen and electrofuels: Fossil‑free electricity supports growing hydrogen production and the development of new fuels for industry and transport 
• Energy storage: Battery energy storage and long‑duration storage technologies help balance variable generation and support industrial electrification 
• Digital integration: Advanced control systems, demand‑response solutions, and artificial intelligence (AI)‑driven optimisation improve efficiency and reduce operating costs 
• Circularity and sustainability: Bioenergy, heat recovery, and energy‑efficient processes enable low‑carbon value chains across sectors 

Industrial hubs across Sweden 

Sweden has three energy hubs, supported by niche regions. Each hub offers reliable power, skilled talent, and the right conditions to establish operations close to suppliers, partners, and logistics routes. 

The northern energy hub (Northern Sweden)
North Sweden offers large‑scale fossil‑free electricity from hydropower and expanding wind power. The region is well suited for hydrogen projects and energy‑intensive operations, supported by strong logistics and industrial capabilities. 

The grid technology and systems hub (Central Sweden)
Västerås, Stockholm, and Uppsala form a leading cluster for high‑voltage transmission, power‑system automation and smart‑grid innovation. Major investments, including Hitachi Energy’s expansion, strengthen capacity for advanced electrification and system integration. 

The mobility and industrial energy hub (Western Sweden)
Gothenburg and surrounding regions bring together electrified transport, marine energy solutions and access to one of Northern Europe’s largest ports. The hub is ideal for companies integrating energy solutions with mobility and industrial applications. 

Niche regions
Skåne and Östergötland add strengths in energy‑system innovation, bioenergy, and emerging technologies, with proximity to continental Europe and active testbeds. 

Investment and expansion opportunities 

Whether you want to develop new energy projects or expand energy‑intensive operations, Sweden offers reliable power, competitive prices, and a strong technology base. 

Incentives and government support 

Sweden supports green industrialisation with targeted programmes that reduce risk and accelerate set-up and expansion. Here are examples of what you can apply for: 

• Regional investment grants, up to 40 per cent of eligible costs for new facilities 
• Climate leap and industry leap programmes to cut emissions 
• Research and development (R&D) incentives that lower employer contributions for roles linked to research and innovation 
• Grid and infrastructure investments that strengthen capacity for energy‑intensive operations, backed by significant national funding for transmission upgrades  

We will guide you through the options and the application steps. 

How we help you set up and scale in Sweden 

Business Sweden supports international companies looking to establish operations in Sweden’s energy ecosystem. We combine market insight, site selection, industrial matchmaking, and hands‑on project support. 

Our services

• Market and opportunity assessment: Assess demand, map the policy landscape, and benchmark suitable sites 
• Site selection: Shortlist locations and compare power availability, costs, logistics, talent, and permits 
• Partner and supplier introductions: Connect with manufacturers, utilities, engineering firms, research partners, and local clusters 
• Permitting and incentives guidance: Navigate regulations and coordinate stakeholders 
• Set‑up and scale‑up support: Recruit teams, plan ramp‑up, and prepare for long‑term operations