How hard it is to build North South transfer capacity? I mean intra-Sweden capacity. My understanding is that Finland can buy power from the north and then move it to south effectively... And we don't even produce that power...
It seems like the basic mental model here is that it would equalize prices between Northern Sweden and Germany, not between Northern and Southern Sweden. And Germany is quite a bit bigger than Northern Sweden. So what should then happen during these German shortfalls is to move the German prices (and Southern Swedish prices) down by an imperceptible amount, while the Northern Swedish prices go up by a ton.
There are/ were plans for a number of different power links, but some of them have been denied because of environmental concerns (I think! please correct me on that.)