Swedish Energy Policy - a way out of fossil energy dependence
The Swedish Government adopted a new Swedish energy policy on 4 February 2009. The agreement creates long-term rules for actors in the energy market and clarifies the Government’s ambitious goals in the climate area.
The policy states that "nuclear power will remain an important source of Swedish electricity production for the foreseeable future." It adds: "to reduce vulnerability and increase security of supply, a third source of electricity that reduces dependence on nuclear power and hydropower should be developed. Cogeneration, wind power and other renewable power production must together account for a significant proportion of electricity production".
Sweden’s energy policy builds on the same three pillars as EU energy cooperation: ecological sustainability, competitiveness and security of supply.
It is estimated that measures to promote renewable energy, as well as more efficient energy use, will strengthen Sweden’s security of supply and competitiveness in a future low carbon economy. Sweden aims for Swedish research and entrepreneurship to play a leading role.
Objectives by the year 2020:
50 per cent renewable energy
10 per cent renewable energy in the transport sector
20 per cent more efficient energy use
40 per cent reduction in greenhouse gas emissions
These targets apply to the non-trade sector and involve a reduction in greenhouse gas emissions of 20 million tonnes compared with the 1990 level. Two-thirds of these reductions will take place in Sweden and one-third in the form of investments in other EU countries or in flexible mechanisms.
Long-term priorities include:
- the use of fossil fuels for heating to be phased out by 2020
- a vehicle stock that is independent of fossil fuels by 2030
- a sustainable and resource-efficient energy supply and no net emissions of greenhouse gases in the atmosphere by 2050
- a continued gradual increase of renewable electricity production
The period of nuclear power use will be extended by allowing new construction at existing sites within the framework of a maximum of ten reactors. It will be possible to grant permits for successively replacing current reactors as they reach the end of their technological and economic life.
Read the full policy on sweden.gov.se