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Sweden isn't exporting electricity for free. The money is there - it just needs to be redistributed from companies to the people.
by throwaway473825 4y ago
Sweden isn't exporting electricity for free. The money is there - it just needs to be redistributed from companies to the people.
- worldsayshi 4y agoOr the very least, be used to build new energy infrastructure and generation.
- kalleboo 4y agoEspecially since the Swedish power company - Vattenfall, is 100% owned by the Swedish state.
- IntelMiner 4y agoI'd say other countries should take note. But privatization of infrastructure assets is a lie that has been sold to millions across the world
- kqr 4y agoVattenfall is not the only Swedish producer. Not even the biggest one!
- cinntaile 4y agoYou mean Svenska Kraftnät (SVK) instead of Vattenfall, they're the ones making money from electricity distribution. Vattenfall is an electricity producer, it's not responsible for this kind of distribution across borders. It is responsible for some distribution within Sweden (regionnät), but there it is not the only player. SVK on the other hand is 100% owned by the state.
- kalleboo 4y agoThat sounds strange, when there's a shortage of power, don't the higher electricity prices go mostly to the energy producers, in order to create incentive to increase production and start up more expensive generation forms?
- cinntaile 4y agoThat's true but the poster you replied to was talking about distribution so I assumed that was what you were talking about as well.