Are batteries the key to achieving Sweden's climate goals?

Batteries are a crucial piece of the puzzle if we are to achieve Sweden’s climate goals with net-zero emissions by 2045. Batteries enable the phasing out of fossil fuels and increase flexibility in the electricity system through energy storage. The Swedish battery industry is at the forefront.

Why should you invest in batteries in Sweden?

Batteries enable the phasing out of fossil fuels and increase flexibility in the electricity system through energy storage. The Swedish battery industry is at the forefront. Sweden also has related strengths and opportunities in areas such as vehicles and electrical systems, as well as a strong mining cluster.

Are stationary solar batteries gaining momentum in Sweden?

Installations of stationary domestic solar batteries are gaining momentum across Sweden. But there are major regional differences. In the first three quarters, 24,000 homeowners received a tax reduction ('green deduction') for installing a battery, compared to 14,000 in the whole of last year.

Will a 255 kW solar tax be scraped in Sweden?

It will come as welcome news for residential customers, as well as the C&I sector, which received another boost earlier this week with the scrapping of a tax for solar installations larger than 255 kW. Sweden currently has just 120 MW of solar PV capacity, however this represents a big jump in installations over the past year.

How much solar power does Sweden have?

Sweden currently has just 120 MW of solar PV capacity, however this represents a big jump in installations over the past year. A recent PV strategy released by the Swedish Energy Agency suggests that solar could account for 5-10% of the country’s energy by 2040.