Most of Sweden’s current electricity generation is based on nuclear and hydro power, each of which account for around 40 per cent of total production. With average energy consumption rising, the population growing and the planned partial decommissioning of nuclear capacity, renewable energy production is expected to take on even more importance in the future.
As part of its commitment to the UN’s 2030 Agenda for sustainable development, the Government has decided to implement the biggest investment in the environment and the climate in Swedish history, setting a target that Sweden’s energy production will be based 100 per cent on renewable energy by 2040 and the nation will be entirely carbon neutral by 2045.