| Vargfors Hydroelectric Power Station | |
| Name Official: | Vargfors kraftstation |
| Location Map: | Sweden |
| Coordinates: | 65.0217°N 19.6858°W |
| Location: | Västerbotten County, Sweden |
| Purpose: | Power |
| Status: | O |
| Opening: | 1961 |
| Owner: | Vattenfall |
| Operator: | Vattenfall |
| Dam Type: | Concrete arch dam |
| Dam Crosses: | Skellefte River |
| Plant Commission: | 1961 |
| Plant Hydraulic Head: | 49 m |
| Plant Turbines: | 1 Francis- and 1 Kaplan turbine |
| Plant Capacity: | 122 MW |
| Plant Annual Gen: | 452 GWh |
Vargfors Hydroelectric Power Station (Swedish: Vargfors kraftstation|links=no) is a run-of-the-river hydroelectric power plant on the Skellefte River in Västerbotten County, Sweden. About 15 km southwest of Vargfors is the urban area Norsjö.
The power plant was operational in 1961. It is owned and operated by Vattenfall.
Vargfors Dam consists of one concrete arch dam and two additional embankment dams.
The power plant contains 1 Francis- and 1 Kaplan turbine-generator. The total nameplate capacity is 122 MW. Its average annual generation is 452 GWh. The hydraulic head is 49 m. Maximum flow is 136 m³/s.