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This 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
by nyargh 3y ago
This 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.