November 27, 2024 10:56 GMT
POWER: Sweden’s New Flow-Based Model Boosts Grid Efficiency and Trade by 30%
POWER
The introduction of the flow-based capacity calculation method has altered electricity trade in Sweden, boosting north-south trade flows by 30% and enabling more efficient use of the power grid, according to TSO Svenska Kraftnat.
- Transmission capacity has risen significantly, with increases of 500MW from SE1 to SE2, 1.5GW from SE2 to SE3, and 1GW from SE3 to SE4.
- The new model has increased transmission capacities across regions, enhanced the integration of renewable energy, and stabilised electricity prices by balancing supply and demand more effectively.
- Additionally, it has allowed for optimal flow for fluctuating wind production, and improved network management and system reliability, the TSO said.
However, there have been slight price increases in central and northern Sweden, while price decreases have been recorded in southern Sweden.
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