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Swedish power demand may rise 150% by 2045, grid operator projects – Times of India

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OSLO: Sweden’s power demand could rise some 150% by 2045, transmission grid operator Svenska kraftnat said on Wednesday, driven by plans for new industrial developments and the conversion of fossil fuel-based industries to non-polluting energy sources.
Overall demand could rise from 138 terawatt hours (TWh) in 2022 to just over 340 TWh in 2045 under two of the four scenarios the TSO presented in its latest long-term market analysis.
While one scenario was based purely on renewable electricity generation, the other included a doubling of Sweden‘s nuclear power output. Previous projections for the two alternatives, made in 2021, had anticipated demand rising to 266-286 TWh.
The scenarios were deemed the most likely as they closely align with government projections of 300 TWh demand in 2045, said Daniel Gustafsson, head of power systems at Svenska kraftnat.
The Swedish government has taken a pro-nuclear stance and aims to have 10 new reactors, some of which are likely to be small modular reactors (SMRs), in operation by 2045.
To meet the higher demand, Sweden would need to add on average 7.5 TWh of new power generation per year over the next 20 years, the TSO said.
The biggest rise in consumption was projected for northern Sweden, where steel and iron works are looking to hydrogen derived from emission-free power production to decarbonise operations.
Here, demand is set to rise from 18 TWh projected for 2025 to 111 TWh by 2045, with power prices in the region potentially becoming the most expensive in Sweden and increasing the need for grid improvements, Svenska kraftnat said.
Sweden is divided into four power price zones, with populous southern parts historically more expensive.
In each of the two scenarios, Sweden will see its current power surplus of around 30 TWh turn to an annual deficit of 5-13 TWh, Svenska kraftnat said.





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