Hitachi Energy To Help Sweden's Transmission Grid Increase Power Capacity

• Svenska kraftnät invests $300M USD (3 billion SEK) to increase power capacity to transmit clean energy from the north to the south 
• Advanced technology enables the transfer of hydro and wind power, supporting Sweden’s renewable energy mix
• Power quality solution from Hitachi Energy will allow enough power to serve an additional one million households

Hitachi Energy, along with consortium partner Kanonaden Entreprenad Mälardalen AB, will deploy Sweden’s largest-ever power quality solution for Svenska kraftnät to increase the capacity of existing transmission lines and increase the country’s renewable energy consumption from hydro and wind resources in North Sweden.

The consortium order is worth $300M USD (3 billion SEK), for which Hitachi Energy will install up to ten series compensation systems, expected to be operational by 2030. This technology is cost-effective and eco-efficient, as it improves the power transfer capacity of existing power lines. With more power transmitted, an additional one million households will be served.

By installing series compensation systems at one or more suitable points in a power grid, it is possible to increase the transmitted power by up to 50 percent through new and existing power lines. From an electrical point of view, a series-compensated system enables more power to be transmitted over existing power lines and improves the voltage stability in a power grid. Series compensation offers valuable economic and environmental benefits.

This order follows the multi-million-dollar order received in August this year from Svenska kraftnät1 to provide critical energy infrastructure such as power transformers and shunt reactors to strengthen the Swedish grid.

Hitachi Energy's ongoing investments in Sweden, including a $330M USD (3.7 billion SEK) investment, highlight its commitment to supporting local capacity expansion and talent attraction. These efforts are integral to meeting the growing demand for clean and flexible energy systems worldwide. This is part of the company’s recently announced plans to invest $6B USD globally, in expanding manufacturing capacity, engineering, digital, R&D, and partnerships, by 2027. Hitachi Energy is significantly expanding and modernizing its flagship factories in Ludvika and Smedjebacken. In particular, Smedjebacken was inaugurated on Nov. 142 in the presence of Ebba Busch, Minister for Energy, Business and Industry and Deputy Prime Minister in Sweden. This further contributes to creating new attractive workplaces in the country where Hitachi Energy will hire 2,000 additional employees by 2027.