Swedish Greens Push State Contracts for Industry Electrification
Sweden's Green Party proposes state contracts to accelerate industrial electrification and renewable energy expansion. The plan would cost 24 billion kronor for 20 terawatt-hours of new electricity production. Party officials claim it's cheaper than government nuclear projects.
Sweden's Green Party wants temporary state contracts to speed up industrial electrification. The party says Sweden's transition away from fossil fuels has stalled. Companies currently wait for each other before making investment decisions.
Party spokesperson Amanda Lind announced the proposal at a press conference. She said state backing would help industry phase out fossil fuels faster. It would also accelerate construction of renewable energy projects.
Expanding electricity production by 20 terawatt-hours would cost the state about 24 billion kronor. Lind compared this to the government's nuclear power plans. She claimed the Green Party's approach would be much cheaper.
The proposal comes as Sweden debates how to meet future energy demands. The Greens argue their plan offers a faster alternative to nuclear power. But critics question whether temporary state contracts are the right solution for long-term energy needs.