Swedes dissapprove offshore wind

By: Lewis Holdsworth 28/08/2015 Arise

General Windfarms

A group of Swedish wind power companies and landowners believe a separate new support system for offshore wind power is an expensive as well as unnecessary way to increase the share of renewable energy in Sweden.

With a strong electricity grid, a sparsely populated country and good wind resources, Sweden has every opportunity to increase the expansion of onshore wind power. The same investment at sea would increase the bill by hundreds of billions of kronor – a cost which would ultimately be borne by Sweden’s electricity customers. And this entirely without need.

A transition to a non-fossil fuel economy is of course desirable. Currently by far the fastest and most cost-effective road there is to continue to invest in Swedish onshore wind power. Yet it is imperative that Swedish policymakers quickly decide how to revise of the current support system for renewable energy, known as the electricity certificate system, and also decide to raise the level of ambition for the continued roll-out of cost-effective, non-fossil fuel electricity.

According to Arise the same benefits can easily be achieved through onshore wind power.

Arise is one of Sweden's leading wind power companies with the business concept to develop, build and manage onshore wind farms for its own account and on behalf of investors. The company is listed on NASDAQ OMX Stockholm.

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