What is Sweden's smart energy ecosystem?

Sweden’s Smart Energy ecosystem brings together leading suppliers of smart grids, district heating and cooling, and innovative solutions for energy storage. These key players are on a mission to speed up the transition to clean electricity and carbon neutrality – in Sweden and globally.

Is Sweden a smart grid?

On top of this, Sweden is ranked number one on the World Economic Forum’s energy transition index. The current smart grid system is a result of gradual coevolution between the Swedish power grid and the power generation.

Can Sweden's power grid be used more efficiently?

Sweden is about to embark on an extensive electrification process. Power grids play a key role in this regard, either serving as an enabler or, in a worst-case scenario, an obstacle. A new SNS report highlights how the power grid may be used more efficiently and thereby accelerate the process of connecting new electricity producers and consumers.

Is the Swedish power system decarbonised?

Although the Swedish power system is almost entirely decarbonised, the decarbonisation of other end-use sectors (i.e., heating and cooling, transport and industry) will be key for the energy transition and to meet long-term climate targets such as zero CO2 emissions by 2045.

Why should you invest in Sweden's smart energy ecosystem?

Five key strengths of Sweden’s Smart Energy ecosystem: Renewable energy is expected to account for 80 per cent of global growth in electricity demand by 2030. Sweden is at the forefront of progress and offers a wealth of opportunities for foreign investors.

Is Sweden a role model for electricity market liberalisation?

Sweden’s electricity market has been praised as a role model for both market liberalisation and regional co-operation. Sweden’s electricity wholesale market is part of the common Nordic and Baltic22 electricity market (operated by Nord Pool) and is fully integrated into the pan-European wholesale electricity market.