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POWER: Sweden Should Prioritise Onshore Wind Buildout Over Nuclear

POWER
Energy BulletsBulletSwedenPower BulletsCommodities

The buildout of onshore wind energy instead of nuclear power plants is the cheapest way for Sweden to meet its rising electricity demand and the net zero emissions target by 2045, the SNS think tank said, cited by Reuters. 

  • "The high costs linked to nuclear power mean that these kinds of plants should primarily be built in countries with significantly higher electricity prices," SNS said.
  • The think tank is supporting the buildout of onshore wind and solar production, while boosting production from hydropower plants, together with the existing nuclear reactors.
  • Instead, Sweden’s government previously said it plans to build up to 10 new nuclear power plants by 2045 due to rising electricity demand. 

  • Sweden’s power demand is expected to reach around 300TWh by 2045, compared with 135TWh in 2023, the government previously said. 

     

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The buildout of onshore wind energy instead of nuclear power plants is the cheapest way for Sweden to meet its rising electricity demand and the net zero emissions target by 2045, the SNS think tank said, cited by Reuters. 

  • "The high costs linked to nuclear power mean that these kinds of plants should primarily be built in countries with significantly higher electricity prices," SNS said.
  • The think tank is supporting the buildout of onshore wind and solar production, while boosting production from hydropower plants, together with the existing nuclear reactors.
  • Instead, Sweden’s government previously said it plans to build up to 10 new nuclear power plants by 2045 due to rising electricity demand. 

  • Sweden’s power demand is expected to reach around 300TWh by 2045, compared with 135TWh in 2023, the government previously said.