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POWER: Sweden Nuclear Subsidy Scheme to Hinder Market Signals, Investment

POWER

Sweden’s plan to give nuclear power plants 40-year CfD’s at €70/MWh could discourage investments in other generation sources and weaken market signals, market participants said, cited by Montel.

  • Subsidy schemes guaranteeing producers a minimum price could disrupt price signals and lead to more negative prices, head of electricity trading at utility Borlange Energi Joel Norstedt added.
  • However, Fortum and Vattenfall are unsure that CFDs at even €80/MWh would be sufficiently high to encourage investments - compared to the UK’s Hinkley Point which secured around €150/MWh (adjusted for inflation) agreement.
  • Sweden plans to build 10GW of nuclear by 2045. 
Energy BulletsSwedenBulletPower BulletsCommodities
Energy BulletsSwedenBulletPower BulletsCommodities

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