Fortum has announced plans to undertake a significant modernization project for the Malta hydropower plant in Uvån, located in the municipality of Hagfors, Sweden. The investment earmarked for this project amounts to approximately €20 million (SEK 250 million).
Established in 1914, the Malta hydropower plant stands as the inaugural power facility in Uvån, constructed to ensure consistent electricity provision for the Hagfors community. Presently, the plant plays a pivotal role in furnishing clean energy to households and industries in the region. Fortum's investment aims to enhance the plant's longevity and operational efficiency, securing sustained electricity production for the next five decades. Annual production is expected to increase by 5GWh to 33GWh per year, following the work,
The modernization project includes a comprehensive overhaul of the plant's infrastructure. By revamping its systems, the Malta hydropower plant aims to better integrate into and contribute to the regulation of the energy supply, particularly in a landscape marked by an increasing reliance on weather-dependent energy sources.
Scheduled to commence in spring 2024, the modernization work is slated for completion by autumn 2026.
