Wind power's share of Swedish electricity production has increased strongly in recent decades. In 2015 alone, wind-power based electricity production increased by almost 45% from the previous year.
At the same time, the low electricity price in recent years has eroded the profitability of many wind-power based electricity producers. For long-term operators such as Aligera, this market situation creates a new dynamic with exciting business opportunities and a good platform to establish a strong future position.
In 2015, Vattenkraft accounted for the largest share of Swedish electricity production (46.7%), followed by nuclear power (34.3), wind power (10.5) and hydroelectric power (8.5). Wind power's share was the largest ever, contributing approximately 17 TWh, which can be compared with 1 TWh in 2005 and 3 TWh in 2010.* Wind power's contribution to electricity production has thus increased strongly during recent decades, and today it is the fastest increasing production type.
During the past decade, hydroelectric power's share of the total electricity production has increased by only 2 TWh (from 72 TWh in 2005 to 74 TWh in 2015), while during the same period nuclear power's share has declined significantly (from 69 TWh in 2005 to 54 TWh in 2015).*
Coal and nuclear power producers face major challenges, and in October 2015 it was decided that four of Sweden's ten nuclear power stations will close by no later than 2020. In early 2016, Vattenfall also stated that several reactors will be closed ahead of schedule.
More and more extensive exports
In 2015, Sweden's electricity production totalled approximately 158 TWh, which was the second-highest electricity production ever achieved. Electricity consumption was the second-lowest in 15 years, which allowed for record-high exports. Net exports of Swedish-produced electricity amounted to 22.6 TWh, equivalent to an increase of 44.7% compared to 2014.* Exports are expected to continue to increase in the future, contributing to a reduction of the electricity surplus, not least due to the Baltic cable between Sweden and the Baltic countries.
* Swedish Energy Agency