The offshore wind facility was projected to generate 2.7TWh of energy annually. Credit: Make more Aerials / Shutterstock.

Swedish power company Vattenfall has decided to halt the development of the 640MW Kriegers Flak offshore wind farm in Sweden until further notice.

The decision comes as a result of what the company describes as “unviable investment prerequisites” in the country.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Located 30km south of Trelleborg, the Kriegers Flak site was projected to generate 2.7T terawatt hours (TWh) of energy annually, sufficient to meet the yearly energy use of 500,000 households.

In May 2022, the government issued a construction permit for the wind farm, allowing the installation of between 35 and 50 wind turbines.

Vattenfall stated: “The investment prerequisites for offshore wind in Sweden are currently not viable and Vattenfall has therefore decided to pause all further development of the project.

See Also:

“The wind farm was planned for production start in 2028, which is no longer possible. [Should] the investment prerequisites improve and the permits are still valid, the project can be resumed.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Vattenfall has previously communicated that one of the main prerequisites for investing in the project is a reasonable connection point to the national grid offshore. Vattenfall is currently developing offshore wind projects in Sweden that together have the potential to annually deliver 18TWh of fossil-free electricity by 2035.”

In August 2024 Vattenfall collaborated with Industrikraft, a consortium of major industrial firms in Sweden, to advance the development of clean energy solutions and address the rising energy needs in the country.

The increasing push to decarbonise and electrify Sweden’s industrial sectors has led to a rise in the country’s electricity demand.

The Industrikraft consortium comprises companies such as Alfa Laval, the mining company Boliden, SKF, Stora Enso and the automotive leader Volvo Group.

The companies will collaborate to secure shared investments in new electricity generation, addressing co-investment strategies and project identification, and evaluating feasibility concerning permits, grid connections and profitability.