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Sweden main issue is that there is no transmission capacity between North and South, like now prices are 2x at south.
by antupis 21d ago
Sweden main issue is that there is no transmission capacity between North and South, like now prices are 2x at south.
- ZeroGravitas 21d agoThe government that keeps rejecting offshore wind for bogus security reasons is probably a bigger factor. Those wind farms would have connected into the zones with the highest prices. They've rejected an amount that would generate more than the entire grid usage. Or way more than double what the cheap zones generate from their 2/3rds hydro and 1/3rd wind.
- leonidasrup 20d agoOn one hand Swedish government rejected applications for 11 offshore wind sites on national security grounds, on the other hand, wind investors state that they will not do wind investments in Sweden without subsidies. " risk-sharing mechanism will be required, for example through two-sided Contracts for Difference and state-backed credit guarantees that reduce investment risk and unlock project financing.” https://www.renews.biz/offshore-wind/skyborn-calls-for-swedish-cfds-after-offshore-win/ https://www.renews.biz/offshore-wind/skyborn-calls-for-swedi...
- cineticdaffodil 20d ago[dead]
- Gud 21d agoSwedens main issue is a political class disconnected from reality.
- cluckindan 20d agoThat is a global issue.
- Jensson 21d agoThere is plenty transmission capacity, the issue is EU regulations not allowing Sweden to keep prices low in the south.
- Hamuko 20d agoHow is that a thing when the entirety of Finland is a single pricing zone?
- rags2riches 21d agoThat's due to shutting down reactors in the south. Turns out "transmission capacity" is more complicated than having fat wires...
- bjourne 21d agoShutting down => Not building new ones. All decommissioned reactors would have reached EOL by 2025 anyhow.
- pseudohadamard 21d agoPretty much every reply to the parent has now given a very different reason for why the problem exists. Anyone else want to give it a try? Bonus points for mentioning meatballs and/or lutfisk.