Does Germany's 'irresponsible' energy policy end up punishing Swedish Consumers?

As one of Europe's biggest suppliers of electricity, Sweden is seeing red over Germany's energy policy, which it says ends up punishing Swedish consumers. Putting diplomatic manners aside, Sweden's energy minister Ebba Busch has not minced words over what she thinks of Berlin's "irresponsible" energy policy.

Does Sweden have a good energy policy?

Sweden’s energy policy is also well-integrated with its climate objectives, according to the latest review of the country’s energy policies conducted by the International Energy Agency. In the 2016 Energy Agreement and the Climate Framework from 2017, Sweden set ambitious targets, including the long-term goal of zero net emissions by 2045.

Will Sweden use nuclear power to produce more electricity?

Sweden has joined the growing list of countries discussing nuclear power as part of a strategy to produce more electricity while also decarbonizing power generation. Lawmakers in June adopted new targets as part of their energy plans, looking at fossil-free and renewable energy to help meet power demand pegged at about 300 TWh by 2040.

What percentage of Sweden's electricity comes from renewable sources?

In 2022, more than 60 per cent of Sweden's electricity came from renewable sources. The government’s energy policies have also promoted the use of renewable energy. The Electricity Certificate System – a market-based support system for renewable electricity production – is one example.

What does the Swedish Energy Agency do?

The Swedish Energy Agency participates in the international negotiations and in the Swedish business delegation. Electrification of the transport sector is progressing across the Nordic countries. Join us live on November 14 on a digital conference on charging infrastructure in a Nordic context.

Can Sweden achieve 100% renewable electricity generation by 2040?

Meanwhile, Sweden has set an ambitious target of achieving 100% renewable electricity generation by 2040. The IEA recommends the government carefully assess how to reach that target and what the implications will be for grid stability and security of supply. One key factor for maintaining a secure electricity supply is the regional power market.