Green Party Urges Government Electrification Agreements to Boost Renewables

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Green Party Urges Government Electrification Agreements to Boost Renewables
Photo: Magnus Lejhall/TT

Green party wants to see government electrification agreements so that the industry will switch and more renewable energy will be built.

The electrification of society has come to a standstill, says the party's spokesperson at a press conference.

Therefore, the Green party wants to see temporary government agreements when industrial companies phase out fossil fuels and renewable energy is built. Today, one party waits for the other before investment decisions are made, according to the Green party.

We have gotten stuck in a catch-22, says spokesperson Daniel Helldén.

The state should step in and act as an intermediary and the agreements should cover the difference between what industry companies can pay for new electricity and what an electricity producer needs to get paid for the investment to be profitable today.

In the event of an expansion of 20 terawatt-hours of electricity production, the cost to the state would amount to approximately 24 billion kronor.

This will be significantly cheaper than the government's nuclear power project, says spokesperson Amanda Lind.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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