On Thursday, Bo Diczfalusy, who leads the electricity market inquiry, will present his report on how to secure future energy supply.
Sweden, notes Diczfalusy and head secretary Elon Axberg, needs to invest heavily to strengthen the power grid, storage solutions, and controllable capacity – while the regulatory framework is streamlined.
"The electricity market must be an engine – not an obstacle – for the green transition", they write on SvD Debatt.
The investigators propose a reform package that stands on three legs:
Long-term investments are incentivized by the state being able to offer price guarantees through so-called difference contracts, which provide both minimum compensation protection and a limit for overcompensation.
With reference to the system becoming increasingly decentralized with many actors and rapid technological development, state-owned Svenska kraftnät should be given a "clear and collective responsibility for the long-term development of the electricity system".
Thirdly, they write, the customer must be put at the center. The investigators therefore propose that today's system with designated electricity contracts is replaced with a "more fair solution that strengthens competition and simultaneously provides support to vulnerable customers".
