Windpower Monthly rating 3.5/5
Our rating is based on a combination of project pipeline, political and policy support, investor confidence and structural readiness of the country in terms of grid infrastructure, permitting process and local supply chain.
Forecast of installed and operating wind power capacity based on the latest statisitics and measured against the Windpower Intelligence database.
All political parties look favourably upon wind power production and new developments in Sweden. Direct state subsidies were abandoned 2010, but indirect state subsidies are granted in the form of electricity certificates.
The value of such certificates have decreased recent years, as have electricity prices. There is also some uncertainty how the system on electricity certificates will progress beyond 2020.
Due to substantially decreasing electricity prices in Sweden over the past years (as in many other countries), the new development of wind power production is in somewhat of a standstill at the moment. However, we still see a lot of interest and many investors looking into the opportunity to invest in newly developed wind power in the country.
In recent years, the legislator has taken many steps to facilitate new wind power production, such as a simplification of the permit-, building and planning processes for such new developments.
However, given Sweden’s geography (the northernmost point is situated approximately 1,877 kilometres from the most southern point) and the fact that many locations well suited for wind power production are located in the north, capacity restraints on the national grid may cause concerns for development of new wind power.
SWEDEN: Unlike its neighbour Denmark, Sweden is not often considered one of the boundary pushers of the wind industry, but with the completion of its latest, and largest project, it has broken new ground.
SWEDEN: A head for heights, nerves of steel, together with heavy-duty clothes and equipment are the minimum requirements for the highly trained technicians that operate at extreme heights and in freezing weather on wind turbine inspection and repair during the winter months.
SWEDEN Around 600MW of new wind capacity is expected to be installed in 2015, predicts Sweden's wind energy association. This is considerably less than the 965MW added last year.
WORLDWIDE: Vattenfall, Sweden's state-owned utility, is getting out of coal and cutting back on nuclear in favour of increased investment in renewables, especially the combination of hydro and wind.
SWEDEN: Sweden expects to install and commission more than 1GW of onshore wind in 2014, which will bring the country's total wind capacity to about 5.5GW by the end of the year, according to Swedish wind association Svensk Vindenergi.
Higher electricity prices and increased capacity helped boost operating profit within Vattenfall's wind power segment in 2018, the utility-developer stated.
The Swedish Energy Agency's (SEA) proposal to run the country's green certificate system until the end of 2030 could drive down prices and bankrupt early investors, the country's wind industry body has warned.
EnBW's Swedish subsidiary has acquired two local wind project development companies and their portfolios totalling 105MW across 51 turbines.
SWEDEN: Other developers have opted simply to decommission aged offshore wind farms as they reach the end of their life-cycle. Danish company Momentum, however, has carried out what it claims is the first partial repowering of an offshore wind farm.
SWEDEN: Turbine manufacturer Enercon has "made important investment decisions" for a 1.1GW second phase of the Markbygden wind complex in northern Sweden.