Renewable Energy is part of the Holmen Group, where we with the forest holdings form the basis of our business that is almost entirely circular.
Our role in a fossil free society
Climate change is the greatest challenge of our age, where emissions from fossil fuels are a central part. This requires major changes to the global energy system.
Sweden switching to renewables
Today, Sweden's electricity production is primarily based on nuclear power (accounting for over 30 percent of total production) and hydropower (accounting for around 40 percent).
With increased average energy consumption, a growing population, and planned partial decommissioning of nuclear power capacity, renewable energy production is expected to become increasingly important in the future.
As part of the commitment to the UN's Agenda 2030 for Sustainable Development, the government has decided to implement the largest environmental and climate investments in Swedish history, with the goal of achieving 100 percent fossil-free electricity production by 2040 and becoming completely carbon neutral by 2045.
Holmen’s contribution to the sustainable transition
As owner of hydro and wind power sites, Holmen has an important role to play in the transition – through our direct provision of fossil-free energy and through productive collaborations, where our knowledge and our extensive land holdings can enable other actors to establish themselves and grow in the energy market.
In a normal year, Holmen produces over 1 TWh of renewable hydro and wind power. Together with the renewable electrical energy that is produced at the Group’s mills, this equates to nearly 50 per cent of Holmen’s overall energy consumption.