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WHY ARE ENERGY PRICES SOARING IN SWEDEN?

- Above all, it is because energy prices in Europe are so high. Since we have a common electricity market, the demand for Swedish electricity is higher and hence Swedish prices also go up.
The rising energy prices are mainly due to more expensive gas as a result of the war in Ukraine, but there are a many other reasons as well.
Emissions trading within the EU has made it more expensive to produce electricity with fossil fuels;
Germany has closed several nuclear power plants; and in France they have had to shut down nuclear power plants because of the heat.
One must remember that from a European perspective, Swedish energy prices are low, if that is any consolation.

https://www.kau.se/en/news/multiple-factors-dictate-swedish-energy-prices