Kraftlyftet — Power Production and Storage

Kraftlyftet — Bio-CHP Production and Storage

Supports bioenergy and storage demonstrations that improve heat and power systems for cleaner energy solutions.

Kraftlyftet produktion och lagring is a 4.21 billion SEK investment grant program operated by Energimyndigheten to strengthen Sweden's domestic electricity production and storage capacity in areas where grid expansion is insufficient to meet demand. The program funds capital investments across several eligible activity types: conversion of district heat plants to bioenergy combined heat and power (bio-CHP), new bio-CHP installations or capacity upgrades, renewable-fuel gas turbines, electricity or heat storage systems directly connected to renewable production, and small-scale hydropower upgrades. The standard application deadline of 2026-05-07 has passed; the bio-CHP track remains open with a separate deadline of 2026-07-01.

Eligible applicants include companies, municipalities, and regions operating in Sweden. Universities and research organizations are excluded. There are no published per-project award ceilings, but the scale of the program—4.21 billion SEK total—reflects its intent to support major infrastructure-scale investments rather than incremental retrofits. Required application attachments include a supplementary form specific to the chosen activity, a project timeline, a liquidity calculation, a net present value (NPV) analysis, and a cost-benefit analysis, indicating that applicants must present detailed financial modeling to support their case.

Organizations with bio-CHP conversion projects who missed the May standard deadline have a final window through July 1, 2026. The program addresses Sweden's strategic need to reduce dependence on imported power during periods of peak demand by growing domestic renewable generation capacity. Applications are submitted via Energimyndigheten's portal, and the financial modeling requirements mean applicants should engage energy investment analysts well before the submission date.