Europe’s first net-zero project
Sweden’s national leadership has framed the recognition as a testament to its long-standing role in energy innovation.
“This is clear evidence of Sweden’s continued leadership in net-zero industrial development,” said Ebba Busch, Sweden’s Minister for Energy, Business and Industry, and Deputy Prime Minister.
“From pioneering the world’s first HVDC cable deployment to Gotland, to today’s advancements in power grid research and manufacturing, Sweden remains at the forefront of HVDC technology. The EU’s approval of the Karlskrona project confirms our central role in advancing the green transition, while reinforcing Europe’s energy security and competitiveness.”
NKT’s expansion in Karlskrona has been approved for faster national regulatory and permitting processes because it has received a net-zero project designation.