What is Sweden's smart energy ecosystem?

Sweden’s Smart Energy ecosystem brings together leading suppliers of smart grids, district heating and cooling, and innovative solutions for energy storage. These key players are on a mission to speed up the transition to clean electricity and carbon neutrality – in Sweden and globally.

Why should you invest in Sweden's smart energy ecosystem?

Five key strengths of Sweden’s Smart Energy ecosystem: Renewable energy is expected to account for 80 per cent of global growth in electricity demand by 2030. Sweden is at the forefront of progress and offers a wealth of opportunities for foreign investors.

Is energy transition a key to achieving Sweden's national climate goals?

Energy transition plays a crucial role in reaching Sweden's national climate goals. This study demonstrates how integrating different sectors through power-to-x strategies can utilize excess electricity in systems with intermittent sources. It aligns with UN Sustainable Development Goals 7 (affordable and clean energy) and 13 (climate action).

Should we study the Swedish energy system at national scale?

Hitherto studies have predominantly focused on electricity sector. Nevertheless, the targets for 2045 necessitates studying the Swedish energy system at national scale in the context of sector coupling & storage.

What energy sources does Sweden use?

Sweden has a diverse mix of energy sources. Domestically, it relies on hydropower, wind, and biomass. However, it imports fossil fuels like oil, natural gas, nuclear fuels, and a portion of biofuels from other countries . Fig. 1 illustrates the composition of different energy sources in the supply mix. Fig. 1.

Can Sweden decarbonize its energy sector?

While Sweden has multiple initiatives to decarbonize its energy sector, large-scale integration of wind power and increased electrification pose challenges in balancing demand and supply. However, this transition offers both solutions and new challenges.