NKT’s Karlskrona Factory Becomes EU’s First Net-Zero Strategic Project

NKT is building high-voltage power cables in Karlskrona, Sweden. This factory is now recognised as the first European net-zero strategic project under the EU Net-Zero Industry Act. 

Apr 03, 2025

NKT announced in Dec 2024 that it is building high-voltage power cables in Karlskrona, Sweden. The EU has now recognised this factory in Karlskrona as the first European net-zero strategic project under the EU Net-Zero Industry Act. 

NKT is investing substantially in expanding its factory, making it the world’s largest manufacturing facility for high-voltage offshore power cables.  

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This status provides the project with a national priority status for accelerated administrative treatment and faster permitting. This recognition underscores the strategic importance of subsea power cables in decarbonizing Europe and interconnecting its power grids to strengthen the security of supply.

Claes Westerlind, CEO of NKT, said,  ”We are very proud to achieve this status as the first in Europe for our high-voltage factory in Karlskrona. This is a testimony of our investments and innovations to meet the high demand for power cables and a recognition of the strong ecosystem of offshore and power grid technology in Blekinge and Sweden. We look forward to the cooperation with the Swedish government in realizing the net-zero strategic project.”

Ebba Busch, Sweden’s Minister for Energy, Business and Industry, and Deputy Prime Minister, said, ”This is a recognition of Sweden’s leadership for net-zero industry. From the world’s first HVDC cable to Gotland, to today’s cutting-edge research and industry, Sweden has been a pioneer in HVDC-technology. The approval of NKT’s expansion in Karlskrona as the EU’s first net-zero strategic project confirms our key role in driving the green transition and strengthening Europe’s energy security and industrial competitiveness.”

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The factory expansion and the new status are a recognition of the project being vital for enhancing energy security, grid resilience, and strategic autonomy, as well as the competitiveness of the EU net-zero industry. The investment in Karlskrona will provide additional, essential manufacturing and installation capacity for the expansion and interconnection of the European power grid.