3 ms·
That sounds surprising to me since different kinds of loan guarantees are common for large industrial installations and not unique to any trade. There are no sp
by simloo 6y ago
That sounds surprising to me since different kinds of loan guarantees are common for large industrial installations and not unique to any trade. There are no specific ones for renewables that I'm aware of, so perhaps I gave that undue weight.
Over here, renewables are most heavily subsidised through elcertifikat[1], which is basically a tax per kWh on electricity brokers, given to producers of renewable energy. This cost is then passed on to the consumer. However, it's not a straight tax and it's a bit complicated, but a renewable source gets on average around 40% extra on top of the sale price[2]. We don't build new hydro power plants, and our climate isn't very suitable for large scale solar, so "building renewable energy" here basically means building a lot of wind power.
Nuclear power is then levied additional tax on top of this, which was raised quite substantially a few years ago by the Greens when in government. Note the nuclear waste disposal fee is separate to this tax.
Traditionally, our energy mix has been about 50/50 nuclear and hydro power, and some wind and others thrown in. Wind power is now increasing[3]. Nuclear power has historically been very profitable for us and our electricity prices have been very low by international standards, but there's an ongoing phase-out for wind power and the cost of electricity is steadily increasing.
That should give you some insight how and why renewables are heavily subsidied here and nuclear power heavily taxed. I'm sorry sources are in Swedish, a lot of the data seems to be unavailable in English.
[1] https://www.energimarknadsbyran.se/el/dina-avtal-och-kostnader/elrakningen/elcertifikat-priser-och-kostnader/ https://www.energimarknadsbyran.se/el/dina-avtal-och-kostnad...
[2] https://sv.wikipedia.org/wiki/Vindkraft_i_Sverige#Elpriser_och_elcertifikat https://sv.wikipedia.org/wiki/Vindkraft_i_Sverige#Elpriser_o...
[3] https://www.scb.se/hitta-statistik/sverige-i-siffror/miljo/elektricitet-i-sverige/ https://www.scb.se/hitta-statistik/sverige-i-siffror/miljo/e...