Vattenfall, a Swedish energy company, intends to develop four hydropower projects in Sweden with a combined capacity of 720 MW. Reportedly, the first hydro facility will be situated at the Harsprnget power plant on the Luleälv river. This facility will have a maximum 110 MW capacity. The second, which will be located at the Porjus power station on the same river in Norrbotten, will have an 80 MW capacity. Vattenfall is conducting a pilot study for the reinstatement of the Juktan power station on Lake Storjuktan, near the Umeälven River in Västerbotten. The Juktan plant will generate up to 380 MW.
Vattenfall aims to commence commercial operations at the Harsprnget power station in 2026, after making an investment decision in 2024. The Porjus station’s investment decision is scheduled for 2026, with commercial operations beginning before 2031. The Juktan investment decision is planned for 2027, with the commercial operation phase starting in 2031.
In September 2022, Vattenfall and Metsähallitus formed a joint venture to build a 1.3 GW offshore wind farm in Finland. The land and water areas of the Finnish state are managed by Metsähallitus. The offshore wind farm, which would be situated in Korsnäs off the west coast of Finland, would have the ability to produce 5 TWh of clean energy annually.