High demand for greener energy in Sweden
Green electricity is in high demand in northern Sweden, with numerous industries looking to invest billions. However, the system isn't working effectively, says steel giant SSAB.
Despite their desire to transition and reduce emissions, they haven't been allocated any capacity, making long-term planning impossible. The issue arises because new industries have significantly higher electricity demands, and allocation is based on speed rather than the potential impact or likelihood of utilization. Experts argue that there's unused capacity in the system, and authorities need to take responsibility to adapt to this evolving landscape. The solution might involve a more transparent and flexible allocation process and a focus on increasing overall capacity through energy storage and production, especially in the north and south of Sweden.
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