Vattenfall and Industrikraft in new collaboration for the electrification of Sweden
Vattenfall and industry collaboration Industrikraft have signed an agreement to identify and evaluate the conditions for joint investments in new fossil-free power production in Sweden. Work is now beginning on concrete measures to meet the demand with a supply that paves the way for Sweden's competitiveness as an industrial nation. The agreement between Vattenfall and Industrikraft runs until further notice and covers all fossil-free power sources.It is estimated that Sweden will need to double its fossil-free electricity production in the coming decades to meet industry's and society's