5 ms·
With the current structure, Sweden is already a net exporter of electricity (ignoring a handfull of hours every year when it has to import). The real problem
by kramerger 3y ago
With the current structure, Sweden is already a net exporter of electricity (ignoring a handfull of hours every year when it has to import).
The real problem is that they can produce it for cheap and sell it with a huge profit to other countries. Since it is an open market, this artificially drives up the domestic prices.
So a much cheaper solution would be to cut the cable to Germany and France and leave the open market
- nyargh 3y agoWhich unfortunately they can't due to EU agreements. They could, however, tax/nationalize private producers and return windfall profits to swedish ratepayers.
- fifilura 3y agoAnd Finland who were always one of our main importers. But they just finished their new nuclear reactor (which took more than 15 years to build YMMV). This is also one of the reasons the controversial electricity bill refund was not so controversial IMO. It was our electricity to start with and the money came from profits for selling it abroad. A more stable solution should be developed of course.
- nyargh 3y agoThis is not quite correct, the elstöd came from a "bottleneck fee" which was earmarked for infrastructure improvements. It is not a long term solution to high regional energy prices (the fees were accrued over multiple years), and it absolutely was not a windfall profits tax. Edit: iirc the elstöd program administrative costs were predicted to cost more than the amount refunded. It was hasty election politics, and not likely to be anything permanent.
- fifilura 3y agoYou may be right. Still, the excess energy production is in Sweden so it should be possible to reshuffle that money.
- nyargh 3y ago100% agree, and other EU nations have done exactly this. Unfortunately that (a new windfall tax) will never happen with the current government and political interests in Sweden.