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Sweden

Sweden is leading the way towards a low-carbon economy. The country has already the second-lowest CO2 emissions per GDP and per capita among IEA member countries (in 2017). With ambitious targets set in the Energy Agreement and Climate Framework, Sweden aims to become a net-zero carbon economy by 2045.

Sweden

Key recommendations, 2019

  • Design policy measures to meet the targets of the 2016 Energy Agreement

    To meet the 2040 target of 100% renewable energy in electricity generation and to become a zero-carbon economy by 2045, give preference to technology-neutral policies and market mechanisms, such as carbon pricing. Review existing tax reductions and exemptions, minimise the number of policies with the same objective and avoid overlaps, closely monitor the outcome of new policies, specifically in the transport sector, and set interim milestones.

  • Involve all of society within the Climate Policy Action Plan

    Develop shared vision and pathways to 2045 with academia, industry and civil society to guide the preparation of the Climate Policy Action Plan.

  • Foster collaboration with Nordic and Baltic markets

    Continue to develop the Nordic and Baltic electricity markets together with the other involved countries and lead the preparation of coordinated national climate policies with this perspective. 

  • Prepare the electricity market for 100% renewables

    Analyse the long-term impact of 100% renewable electricity generation in 2040 on the generation adequacy, system resilience and cost-effectiveness of electricity supply. Clarify how to reach that target in a Nordic energy-only electricity market.

Policies