This study highlights the significant economic consequences of power outages for Sweden’s electricity-intensive industries and underscores the shortcomings of traditional metrics, such as value-added-based methods, in reliably estimating these costs. The study is part of Tillväxtanalys’s project "Economic Effects ofElectricity-Intensive Industries" (ELIN), which aims to explore if and how the government can act to shift the economy toward a greater or lesser reliance onelectricity-intensive activities.