Energy Policies of IEA Countries: Sweden 2013 Review

About this report

Sweden has made progress in recent years towards a more secure, sustainable energy future. The Scandinavian nation already has an almost carbon-free electricity supply and has phased out oil use in residential and power sectors. It is increasingly integrated within the Nordic and Baltic electricity markets, and its joint renewable electricity certificate market with Norway offers a unique model for other countries. Now Sweden must take concrete steps to realise its vision of a fossil fuel-independent vehicle fleet by 2030 and no net greenhouse gas emissions by 2050. Although Sweden has decided to allow the replacement of its existing nuclear reactors, further emission reductions will come at a higher cost and require technology change. This means Sweden will need to carefully evaluate the most cost-effective pathways for its transition to a low-carbon economy. The large-scale deployment of renewable and energy technologies in a common Northern European energy market can drive decarbonisation without comprising competitiveness, security of supply and affordability. This review analyses the energy policy challenges currently facing Sweden, and provides studies and recommendations for each sector.