Hitachi Energy receives record order from Svenska kraftnät to strengthen the Swedish power grid

Hitachi Energy signs a framework agreement with Svenska kraftnät, which carries out major investments to strengthen the existing Swedish electricity grid and enable the ongoing energy transition.

The modernization and expansion of the Swedish main grid is proceeding in full force, with the goal of enabling the electrification of industrial processes, the transport sector and society at large. Electricity use will double by 2045, totalling 300 TWh, according to the government’s goals. But, for this to become reality, extensive investments are required in electricity grid infrastructure such as, transformers and reactors.

The framework agreement includes large power transformers up to 750 MVA and shunt reactors of 400 kV in varying power ranges. The technology will be delivered to Svenska kraftnät's existing substations for upgrades and to new stations that will be built to meet the increased need for electricity.

This is one of the largest transformer and reactor orders ever for Hitachi Energy’s flagship factory in Ludvika, which is responsible for the supply of the transformers -their design, production and installation. Delivery of the transformers and reactors is planned from 2027 until 2032.

Last year, Hitachi Energy signed one of Sweden's largest export contracts in history and recently the company announced a major investment and expansion of capacity at the flagship plant in Ludvika. This is part of the expansion plan for Hitachi Energy to invest approximately $330 million (3.7 billion SEK) expanding its operations in Sweden across the entire product portfolio and recruiting an additional 2,000 employees by 2027 to support the energy transition.

Hitachi Energy has developed world-leading transformers in Sweden, across Europe and the globe for over 100 years and has many ground-breaking innovations. As critical components of the energy system, transformers alter the voltage levels to enable efficient power generation, transmission, and distribution. At the same time, shunt reactors increase the energy efficiency of the power system through reactive power compensation.

Hitachi Energy, headquartered in Switzerland and employing more than 40,000 people in 90 countries, remains focused on leveraging its pioneering technology expertise globally to advancing a sustainable energy future for all.