https://www.pv-magazine.com/2025/01/10/ ... r-in-2024/Sweden installed about 1 GW of solar in 2024, matching 2022 levels after a record 2023.
January 10, 2025 Patrick Jowett
Sweden added around 1 GW of solar in 2024, according to provisional figures from Swedish solar energy association Svensk Solenergi.
The figures are down on Sweden’s record year for solar in 2023, instead returning to a similar level seen in 2022. Last year’s additions are expected to take Sweden’s combined solar capacity to around 5 GW.
Svensk Solenergi said it expects around 470 MW of last year’s additional solar to come from the residential market, which currently accounts for about 60% of the country’s cumulative capacity. The commercial and industrial (C&I) segment accounted for around 400 MW of new solar in 2024, while the utility-scale market is expected to have added upwards of 100 MW.
The association is predicting the residential market share to decrease in the coming years following the Swedish government’s decision to withdraw and decrease existing support schemes, while the utility-scale segment is expected to increase as several projects under development are constructed.
Power purchase agreements (PPAs), which are the most common way to finance utility-sized projects in Sweden, could be a key market driver for the utility-scale segment.
“I would say that maybe 300 MW to 350 MW are already deployed with PPAs and at least 300 MW are under construction and more are planned,” Oskar Öhrman, technical manager at Svensk Solenergi, told pv magazine.
The expansion of Sweden’s energy storage market is also expected to drive future solar investments, Öhrman said. In October 2024, Sweden’s largest battery project to date, totaling 211 MW/211 MWh across 14 sites, came online.
Looking ahead, Öhrman said there is a need for better grid access in Sweden.
“There should be tougher requirements on distribution system operators (DSOs) to use flexibility as a way to release new grid capacity,” he added. “Also the DSOs should be much more transparent on information on grid capacity and also information about their grid connection procedures.”
Öhrman also suggested the removal of a tax on self-consumed electricity for solar plants above 500 kW, which he said “strongly inhibits the deployment on large roofs and constrains many installations to 499 kW”, as another regulatory change that could help the market.
La Suède désire ne plus dépendre du pétrole d'ici 2020 ! (et n' y arriva pas)
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suite de ce post du 24 oct 2024 viewtopic.php?p=2400971#p2400971
https://www.world-nuclear-news.org/arti ... repositorySweden breaks ground for used fuel repository
15 January 2025
Ground work has begun for the construction of a final repository for used nuclear fuel in Forsmark, in Östhammar municipality, radioactive waste management company Svensk Kärnbränslehantering AB announced.
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The construction of the used fuel repository will take ten years before deposition can begin, SKB said, after which the repository will be gradually expanded over a long period of time. Two years of surface work will now begin, including the construction of rock storage and water treatment facilities, a canister bridge over the cooling water canal and forest clearance. After that, rock work will begin down into the bedrock.
In order for SKB to be able to start the tunneling itself, an approved safety report from the Radiation Safety Authority (SSM) is required. SSM will continue the step-by-step examination of the final repository according to the Act on Nuclear Activities.
The permit for the repository applies to radioactive waste from the 12 reactors (six reactors in operation) that are part of the ongoing Swedish nuclear power programme. It does not apply to waste from a possible new nuclear power programme. SKB may deposit approximately 6000 canisters with approximately 12,000 tonnes of nuclear waste at a depth of about 500 metres in the final repository.
The above-ground part of the repository will occupy an area of about 24 hectares (60 acres), whilst once completed, the repository will comprise more than six kilometers of underground tunnels.
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https://www.evwind.es/2025/01/10/wind-p ... ime/103737Wind power overtakes nuclear in Sweden for first time
January 10, 2025 evwind
Electricity production from wind power hits record high in Sweden in 2024, with wind power overtaking nuclear power for the first time in the last quarter, the Swedish Wind Energy Association (SWEA) said in a statement.
In December, wind power was the largest source of electricity for the first time, ahead of hydro and nuclear power, accounting for 35% of output, with monthly output at record high, SWEA said.
“The December result gives hope. Wind power can account for a large share of the electricity production needed to keep electrification from losing momentum, to enable a climate transition and to achieve Sweden’s climate goals,” it said.
For the whole of last year, wind power accounted for 25% of generation, up from 22% in 2023, after hydro and nuclear power.
Still, the Swedish government in November rejected applications to build 13 offshore wind farms, citing safety concerns in the Baltic Sea. It also removed subsidies for connecting offshore wind projects to Sweden’s power grid.
The government believes Sweden needs to double electricity production over the next two decades to around 300 TWh to meet increased demand and meet climate goals, and plans to develop nuclear power.
“2024 offered normal winds, but thanks to the expansion of wind power, annual production was 40.8 TWh, the highest annual production ever,” SWEA said, citing official data.
A SWEA spokesman said that, assuming similar wind intensities and electricity prices, wind power production should be at least as large in 2025 as in 2024.
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https://www.pv-magazine.com/2025/03/06/ ... lar-parks/Swedish developer secures land for 500 MW of solar parks
Svea Solar has entered into several land agreements with one of the world’s largest private forest owners to develop eight new solar parks in Sweden with a total capacity around 500 MW.
March 6, 2025 Patrick Jowett
Swedish solar developer Svea Solar is planning to build eight new solar parks in Sweden with a total capacity of approximately 500 MW.
The developer has entered into several land agreements with forest industry company Stora Enso, one of the world’s largest private forest owners, to build the solar parks on the company’s land across central Sweden and southern Norrland.
A statement from Svea Solar says the location of the parks has been chosen based on good opportunities for grid connection and to minimize impact on other interests such as wildlife.
Construction of the first solar park in the deal is expected to begin next year, with most projects included in the plan scheduled for completion by 2030. Svea Solar added that a 6 MW project on Stora Enso’s land in Ludvika, central Sweden, is due to become operational this April.
Svea Solar says it has built the majority of Sweden’s solar parks. Last August, the company signed a collaborative agreement with the country’s largest forest owner, Sveaskog, alongside solar developer Alight, to develop 2 GW of solar over a five-year period. In October, Svea Solar started production at Sweden’s first large-scale agrivoltaics park.
Sweden deployed a total 1 GW of solar in 2024, taking the country’s cumulative capacity to around 5 GW.
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https://www.boursorama.com/actualite-ec ... 3e43e28752La Suède envisage de porter ses dépenses de défense à 3,5% du PIB d'ici à 2030
Reuters •26/03/2025
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https://www.world-nuclear-news.org/arti ... h-reactorsState loans proposed for new Swedish reactors
Friday, 28 March 2025
The Swedish government has proposed a new law regarding state support for nuclear power investments. In the bill - submitted to parliament on 27 March - it proposes providing state loans to finance four new reactors as well as a contract-for-difference power price mechanism.
"In the bill, the government proposes a new law on state support for investments in new nuclear power," the government said. "The law regulates the basic conditions and forms of state support for companies for investments in new nuclear power reactors in Sweden."
It added: "Government loans may be provided for the construction and test operation of new nuclear power reactors, as well as for design and other preparatory measures for construction."
The loans - aimed at lowering the cost of financing new nuclear - will be limited to the equivalent of four large-scale reactors (about 5000 MWe of capacity). The government said that several project companies may be eligible and there is the possibility for other private actors and the state to take shares in project companies.
"Two-way contracts for difference may be concluded for the routine operation of new nuclear power reactors. Support shall be subject to conditions regulated in agreements between the state and the company receiving support," it added. These are aimed at reducing market risk.
The bill contains different scenarios for future electricity prices. In a scenario with lower electricity prices, it is assumed that the strike price is around SEK0.02 (USD0.002) per kWh higher than the electricity price.
The government noted that support may only be granted if the new reactors are located at the same location and have a total installed output of at least 300 MWe. "If there are special reasons, the government may decide to grant support even if the reactors have a total installed electrical output of less than 300 MW," it said.
The new law is proposed to enter into force on 1 August this year.
Proposals welcomed
Vattenfall - which aims to have a new reactor in operation at its Ringhals site in the mid-2030s at the earliest - welcomed the government's proposals for risk sharing for new nuclear power.
"The state taking a clear role in financing is a basic prerequisite for it to be possible to invest in new nuclear power," said Desirée Comstedt, the company's head of new nuclear power. "The bill is therefore a crucial step on the path towards us being able to realise new nuclear power on the Värö peninsula near Ringhals. Nuclear power is not being built anywhere in the world without some form of government support.
"The next step is for us to read the bill to review what an application should contain and prepare to submit our application as soon as possible. Ultimately, the levels of the parameters in the model will of course be an important factor, but these levels are set later in the process, after we have submitted an application."
Earlier recommendations
In October 2022, Sweden's incoming centre-right coalition government adopted a positive stance towards nuclear energy. In November 2023, it unveiled a roadmap which envisages the construction of new nuclear generating capacity equivalent to at least two large-scale reactors by 2035, with up to 10 new large-scale reactors coming online by 2045.
The government appointed Mats Dillén in December 2023 to produce and submit proposals for models for financing and risk sharing for the construction of new nuclear power reactors. According to the mandate, the proposed models must be designed so that nuclear power with a total output of at least 2500 MWe - equivalent to the output of two large-scale reactors - must be in place by 2035 at the latest.
Dillén presented the findings of the study in August last year. His report said the investigation "identified conditions which give rise to a discrepancy between a private investor's business case for new nuclear power and the socioeconomic equivalent. It is concluded that efficiency reasons give a rationale for the state to support investments in nuclear power".
His proposed financing and risk sharing model consists of three main components that lead to a lower cost of capital that facilitates new investments in nuclear power at a low cost. The components are: state loans to finance investments in new nuclear power, which lowers the cost of capital; a two-way contract-for-difference signed between the state and the nuclear power producer; and a risk and gain-share mechanism that gives investors a minimum return on equity.