A lot of the green energy is from hydro dams and you can't really add new rivers to the geography to support additional industry.
It will be interesting to see how the Rolls-Royce SMR project works out. Since it appears to be impossible to build anything cheaply in the UK, this will be the real test.
The solution is to build nuclear power stations on ships in China, then sail them to the UK and plug them in.
If power prices elsewhere in the world become advantageous, sail them elsewhere and plug them in there.
You still have the interconnection costs, but seaside places sometimes have high voltage connections for existing or historic power plants (who themselves are water cooled)
The US has effective run this on itself for the past few years. The Chinese look fairly benign in comparison.
Those wind farms would have connected into the zones with the highest prices.
They've rejected an amount that would generate more than the entire grid usage. Or way more than double what the cheap zones generate from their 2/3rds hydro and 1/3rd wind.
" risk-sharing mechanism will be required, for example through two-sided Contracts for Difference and state-backed credit guarantees that reduce investment risk and unlock project financing.”
https://www.renews.biz/offshore-wind/skyborn-calls-for-swedi...
Most small customers are paying using average prices, but these average prices are calculated from the costs of power suppliers and these are affected by hourly market prices. So when many small customers consume use lot of electricity during hours with high hourly market price, the average price for small customers goes up.
Best solution is instalation of smart meters so that small customers pay according to hourly market price.
*if you’re a seller of fossil fuels
And climate change also isn’t in favor of nuclear power plants that need external water sources for cooling
yes, you can - with all those fiords surrounded by mountains you can use excess wind/solar (your own as well as German, etc.) and pump water up a dammed fiord to generate the electricity later when no cheap excess available.
The solution works only to keep a steady production of electricity, but if the demand would require full output all the time then these "mechanical batteries" don't help.
If you run datacenters in the north its substantially cheaper.
Places like Malmö have had issues with power costs, even though there's a lot of generation... because that generation happens in the north.
Not saying we shouldn’t produce more electricity. But from what I have understood it’s mainly about other factors than production.
> Sweden is struggling a lot with scaling its power production, to the point where it's a problem for existing and new industries
In the SE1 region, which is the least populated and probably best candidate for a data center, there was a 400% price drop between February and March this year, then up 100% in May, then down 50% in July. Between summer 2025 and winter 2026, the same region saw a price hike of nearly 1000%.
https://data.nordpoolgroup.com/auction/day-ahead/prices?deli... 12¤cy=EUR&aggregation=MonthlyAggregate&deliveryAreas=SE1,SE2
https://data.nordpoolgroup.com/auction/day-ahead/prices?deli...
I guess if you want a data center that only operates some months of the year that's fine.