Are electricity costs lower in Sweden?

Electricity costs are generally lower in the northern regions of Sweden, which is also where more energy intensive industries are located. Electricity costs tend to be lower for firms engaged in international trade, and this finding holds for all regions of Sweden.

Why are energy costs higher in the north and south of Sweden?

Recall that electricity zones 1 and 2, located in the north of Sweden, have lower electricity costs. At the same time, we see that energy intensity tends to be higher in the north than in the south of Sweden, though this is most likely the result of business decisions that also consider issues unrelated to energy costs.

Why is Sweden a big exporter of electricity?

Sweden has to import almost all of its non-electricity energy demand but is a large producer of electricity and therefore became one of the largest net exporters in Europe in recent years.2 Sweden’s industrial sectors have long benefited from the availability of relatively cheap and stable electricity supply.

Are Swedish exporting firms more energy intensive?

Swedish exporting firms tend to be more energy intensive than Swedish firms in general, and energy intensity tends to be higher for firms that export a larger share of their production. Finally, firms with higher energy costs are associated with lower export values and this is seen across most sectors.

Is the weaponisation of energy a threat to Sweden's energy industry?

Sweden is a trade-dependent country, and the weaponisation of energy could be a threat to the performance of Swedish industry. At the same time, the massive shift towards renewable energy generation presents an opportunity for Sweden to develop their energy production and become an important player.

What are energy storage technologies?

Informing the viable application of electricity storage technologies, including batteries and pumped hydro storage, with the latest data and analysis on costs and performance. Energy storage technologies, store energy either as electricity or heat/cold, so it can be used at a later time.