Electricity prices are affected by “the weak hydrological situation, extended maintenance in nuclear power and, indirectly, higher natural gas prices that affect electricity prices in Europe,” the Energy Agency writes.
The agency also warns that the situation is uncertain and could change quickly, given the effects of the Iran war on fossil energy supplies from countries around the Persian Gulf.
“There has been no physical shortage of oil or fuel in Sweden or Europe, even though several factors have contributed to high prices. The supply situation is expected to remain stable for gasoline, diesel and aviation fuel. The physical availability of natural gas in Sweden is not expected to be affected in the short term,” the agency writes.
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