Sweden’s solar industry sees bright future despite shrinking subsidies

Share
Solar power has grown at a quick pace in Sweden over the past decade. (iStock)
Over the past decade, solar power has experienced a dazzling pace of growth, thanks in part to government subsidies.

But the latest budget, voted through in December, is cutting that subsidy in half. The center-right budget from the conservative Moderates and Christian Democrats cut overall funding for the incentive, but sometime in January, a parliamentary committee will likely set the exact amount people can expect to be paid out.

Even so, the industry believes it can reach a place where solar panels can be competitive on their own. It may seem counter intuitive, but the Solar Energy Association of Sweden is actually calling for a planned phase-out of the subsidy. Find out why in this report.

Related stories from around the North:

Canada: Arctic Canadian town learns lessons from Alaskan wind farm, CBC News

Finland: Finnish energy sector’s emissions dropping sharply: report, Yle News

Norway: The quest to turn Norway’s Arctic coast into Northern Europe’s wind power hub, The Independent Barents Observer

Russia: Energy shift coming closer in Arctic Russia, The Independent Barents Observer

Sweden: Northern Swedish city launches battery-powered bus route, The Independent Barents Observer

United States: Despite winter darkness, solar power might work better in rural Alaska than you’d expect, Alaska Dispatch News

Share
Frank Radosevich, Radio Sweden

Frank Radosevich, Radio Sweden

For more news from Sweden visit Radio Sweden.

Leave a Reply

Your email address will not be published. Required fields are marked *