Market profile

Sweden

Permits without a market: five consented farms and no support scheme, and the permitted developers say they will not invest without one.

nascent buildout: stalled risk: high outlook: mixed
0.2
GW operational
0
GW in construction
7.4
GW pipeline
30
projects
Operational · 0.2 GW (2)Advanced Development · 6.4 GW (5)Early Development · 1 GW (1)Proposed · 3.7 GW (3)On Hold · 2.8 GW (2)
Progress to target
No published national target.
Next auction round
No round currently scheduled.
full auction outlook ↓

Assessment

as of 2026-09-09
Maturity

Nascent. Two small farms operate (Lillgrund 2007, Kårehamn 2013, under the old green-certificate scheme); nothing has been built since. The regime is developer-led: companies choose sites and apply under the Environmental Code and Continental Shelf Act, the government decides, municipalities hold a veto, and there is no offshore-specific support.

Buildout vs plan

Stalled. Five farms hold government permits — Kattegat Syd and Galene (May 2023), Poseidon (November 2024), Fyrskeppet and Vidar (16 July 2026) — and none has taken an investment decision. Vattenfall paused Swedish Kriegers Flak in September 2024 citing the absence of investment conditions; on Fyrskeppet's permit day Skyborn said "state-backed risk-sharing mechanisms will be required for the project to proceed towards investment and construction"; days after Vidar's permit Vattenfall's CEO was cited by Reuters saying the company would not proceed at this time because current market conditions do not make it commercially viable.

Political & regulatory risk

High, on two fronts. Defence: the government refused thirteen Baltic Sea applications in November 2024 and eleven more in July 2026 on national-security grounds, so the Baltic side of the pipeline is largely closed. Support: the grid-connection subsidy was withdrawn in 2022 and the governing coalition has declined an offshore support scheme; the opposition, ahead in the polls before the 13 September 2026 election, has pledged to accelerate offshore wind. Hafrok reads the earliest credible first support award as 2029 — a government that legislates in 2027, clears state aid and runs a first round in 2028–29 — and dates nothing pre-offtake before it. That year is a judgment and will be revisited after the election.

Outlook

Mixed. The permitted 6.5 GW is real and unusually advanced for a market with no route; whether it is built is a policy question that the 2026 election will begin to answer. Until a scheme exists Hafrok treats the permits as options, dated from a first award rather than from consent.

Risk, in one line

Hafrok believes no route to revenue exists for a Swedish offshore farm today and does not expect a first support award before 2029; every pre-offtake Swedish date is counted from then.

Sources

State of the market

as of 2026-09-09
0%
of GW sited through contested rounds
delivered (COD actuals)unweighted dated pipeline (building / contracted / early)Expected Buildout (confidence-weighted)national target (range)superseded targettoday
012345GW201020152020202520302035todayEXPECTED BUILDOUT → 4.2 GW+ early → 4.4+ contracted → 3.4+ building → 0.2 GW0.2 GW operational

Teal line = the Hafrok Expected Buildout (confidence-weighted): 10 GW of live pipeline weights to 4.7 GW expected to complete, timed by each project's COD distribution (mass beyond 2037 not drawn). Bands are the unweighted dated pipeline — the Expected Buildout also models on-hold and undated projects, so it can sit above them. 3.2 GW of pipeline has no dated COD and is not in the bands.

How this line is made

The Expected Buildout line answers one question: of the pipeline announced today, how much actually gets built, and when? It is not a scenario and not a target tracker — it is the database's live pipeline, passed through two filters measured from the industry's own delivery record.

Whether a project completes. Every project in development carries a completion weight, banded Delivering / Expected / Prospective / Fragile. A proposal — a site where no authority has yet granted rights — carries none and sits outside this line entirely; it is listed, not counted. The starting point is the historical completion rate of its lifecycle stage — of projects that reached construction, 97% delivered; financed but not yet building, 92%; consented without financing, 75%; early development, 61%; on hold, 15%. That base rate is then adjusted by what the project has actually secured (offtake, grid, consents, investment decision) and decays if a project sits quiet past its stage's normal dwell time.

When it delivers. Each project also carries a completion-date distribution — a shape, not a single year, right-skewed because offshore wind slips late far more often than it runs early. The peak sits on a rule-based expected date chained from the project's latest achieved milestone; the width of the late tail is fitted to how far past their announced dates real projects actually landed: builders slip tight (68% on time, n=158), financed projects tighter still (72%, n=101), consented-only projects carry the fat tail — 25% land three or more years late (n=133). A stated date faster than any comparable project has ever achieved is floored to the achievable window and flagged, never taken at face value.

The line is the sum, across every live project, of capacity × completion weight × the probability it delivers in each year. For projects already under construction, a share of expected capacity is counted at first power — turbines start generating before a wind farm is fully commissioned — so a market's chart can show capacity arriving a year before a project's stated completion date. Delivered history is metered fact; the line inherits every assumption above and nothing else.

Honest limits. The weights are calibrated on a fleet whose failures have so far been overwhelmingly pre-financing — completion rates after FID rest on a record with few failures, so they are ceilings, not guarantees. The slip fitted on consented projects is the loosest (the "three or more years late" bucket spans many years). Policy shocks arrive faster than base rates move — the weights see a stop-work order only as its lifecycle consequences accrue. And the line redistributes as the database learns: it is re-derived on every data refresh, not frozen.

Full per-project workings — each project's weight, band, expected date and distribution — are on its project page. Calibration v2.0-phase0 · generated 2026-09-09; every figure above is read from the generated calibration file, never typed.

Auction outlook

forecast · 0 rounds tracked
Seabed leaseOfftake awardIntegrated tenderscheduled — bar spans the expected windowplanned (indicative)postponed / suspendedno date yet (off-axis)

No upcoming rounds tracked for this market.

Origination ladder

settled rounds → projects
Seabed leaseOfftake awardIntegrated tenderbirth award (colour = round type)no auction award on record (the chapter names how the site originated)offtake / tender winterminated award / cancelledFIDCOD achievedCOD expected (dashed = still to run)on hold
20052005201020102015201520202020202520252030203020352035OPEN DOOR — DEVELOPER-INITIATED SITESLillgrund · 110 MW · Operational · COD 2007 · No auction award on record · open doorLillgrund2007110 MWKarehamn · 48 MW · Operational · COD 2013 · No auction award on record · open doorKarehamn201348 MWSwedish Kriegers Flak · 640 MW · On Hold · outlook: Fragile · COD expected 2028 · No auction award on record · open doorSwedish Kriegers Flak640 MWStorgrundet · 1 GW · Early Development · outlook: Prospective · COD expected 2031 · No auction award on record · open doorStorgrundet2031e1 GWKattegat Syd · 1.2 GW · Advanced Development · outlook: Expected · COD expected 2033 · No auction award on record · open doorKattegat Syd2033e1.2 GWVidar · 2 GW · Advanced Development · outlook: Prospective · COD expected 2035 · No auction award on record · open doorVidar2035e2 GWArkona Offshore Wind (Sweden) · 1.4 GW · Cancelled · No auction award on record · open doorArkona Offshore Wind (Sweden)1.4 GWAurora Offshore Wind (Sweden) · 5.5 GW · Cancelled · No auction award on record · open doorAurora Offshore Wind (Sweden)5.5 GWBaltic Offshore Beta (Sweden) · 2.5 GW · Cancelled · No auction award on record · open doorBaltic Offshore Beta (Sweden)2.5 GWBaltic Offshore Delta North (Sweden) · 2.1 GW · Cancelled · No auction award on record · open doorBaltic Offshore Delta North …2.1 GWCirrus Offshore Wind (Sweden) · 2 GW · Cancelled · No auction award on record · open doorCirrus Offshore Wind (Sweden)2 GWDyning Offshore Wind (Sweden) · 2.5 GW · Cancelled · No auction award on record · open doorDyning Offshore Wind (Sweden)2.5 GWErik Segersäll Offshore Wind (Sweden) · 4.5 GW · Cancelled · No auction award on record · open doorErik Segersäll Offshore Wind…4.5 GWFyrskeppet · 1.4 GW · Advanced Development · outlook: Prospective · No auction award on record · open doorFyrskeppet1.4 GWGalene · 400 MW · Advanced Development · outlook: Expected · No auction award on record · open doorGalene400 MWGretas Klackar 1 · 1.4 GW · Cancelled · No auction award on record · open doorGretas Klackar 11.4 GWLanggrund 1 · 1.4 GW · Proposed · No auction award on record · open doorLanggrund 11.4 GWLanggrund 2 · 1 GW · Proposed · No auction award on record · open doorLanggrund 21 GWMareld · 2.5 GW · Cancelled · No auction award on record · open doorMareld2.5 GWNajaderna · 1.35 GW · Cancelled · No auction award on record · open doorNajaderna1.35 GWNeptunus Offshore Wind (Sweden) · 3.1 GW · Cancelled · No auction award on record · open doorNeptunus Offshore Wind (Swed…3.1 GWPleione Offshore Wind (Sweden) · 1 GW · Cancelled · No auction award on record · open doorPleione Offshore Wind (Swede…1 GWPoseidon · 1.4 GW · Advanced Development · outlook: Prospective · No auction award on record · open doorPoseidon1.4 GWSkidbladner Offshore Wind (Sweden) · 2.2 GW · Cancelled · No auction award on record · open doorSkidbladner Offshore Wind (S…2.2 GWSkåne Offshore Wind (Sweden) · 1.5 GW · Cancelled · No auction award on record · open doorSkåne Offshore Wind (Sweden)1.5 GWSylen · 5 GW · Cancelled · No auction award on record · open doorSylen5 GWSödra Victoria Offshore Wind (Sweden) · 2 GW · Cancelled · No auction award on record · open doorSödra Victoria Offshore Wind…2 GWTriton Offshore Wind (Sweden) · 1.4 GW · Cancelled · No auction award on record · open doorTriton Offshore Wind (Sweden)1.4 GWUNCLASSIFIED — ORIGINATION NOT YET ESTABLISHEDGalatea · 1.3 GW · Proposed · No auction award on record · origination unclassifiedGalatea1.3 GWKultje · 2.15 GW · On Hold · outlook: Fragile · No auction award on record · origination unclassifiedKultje2.15 GW