Latest news
Swedish grid operator proposes $5 bln power price subsidy
Sweden's national power grid operator proposed on Thursday that the government spend 55 billion Swedish crowns ($5.05 billion) this year on subsidies to households and businesses hit by unusually high energy costs.
read more... 28/10/2022
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Fortum considers building new nuclear power in Finland and Sweden
Finnish utility Fortum said on Monday it will begin a two-year feasibility study to explore the potential for building new nuclear power stations in Finland and Sweden.
read more... 18/10/2022
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Sweden announces liquidity guarantees of $23 bn to electricity companies
Electricity companies in Sweden and neighbouring countries will receive credit guarantees of up to 250 billion Swedish crowns ($23 billion) to tackle the problems that have arisen on the electricity exchange, the Swedish government announced.
read more... 06/09/2022
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8 EU nations eye 20 GW offshore wind in Baltic Sea by 2030
Denmark, Germany, Poland, Finland, Sweden and the Baltic countries want to develop 19.6 GW of offshore wind in the Baltic Sea by 2030 amid ongoing EU efforts to decarbonise the economy and reduce dependence on Russian gas.
read more... 02/09/2022
Sweden set to take on more of consumers' soaring energy bills
The Swedish government said on Wednesday it would probably have a bigger buffer than it had previously expected to take on some of the soaring energy costs of households and businesses this winter.
read more... 02/09/2022