Like Norway, Sweden plans to end subsidies for onshore wind projects at the end of 2021, as plants already yield profit without state aid, announced its Energy Minister. Sweden (since 2003) and Norway (since 2012) support the development of renewable energy sources, of which wind energy, through a common electricity certificate market that provides guaranteed support over 15 years for any new projects.
From 2012 to 2020, Sweden and Norway ambition to increase their production of electricity from renewable energy sources by 28,4 TWh thanks to the certificate market. In June 2017 the Swedish parliament decided a new target for electricity from renewable energy sources until 2030. The system shall increase the production of electricity from renewable energy sources by further 18 TWh by 2030.
The country will continue to support onshore wind projects by expanding a program that surveys the best location for plants. The government also intends to reduce connection costs to the distribution network, with financing from the state budget or the grid operator.
Energy and Climate Databases
Market Analysis