UPDATE 2-Sweden Halts Plans for Power Cable to Denmark over Disagreement with EU Funding Plan
The suspension could delay a project that would raise transmission capacity to 1,000 megawatts, as Sweden and Brussels clash over fee use.
- On Friday, Sweden's Energy and Climate Minister Ebba Busch ordered the halt of the Konti-Skan Connect cable project, stating, "We are lifting and pausing the Konti-Skan Connect interconnector to Denmark until we are heard by the EU."
- The suspension follows conflicts regarding European Commission proposals to utilize 25 percent of member states' bottleneck fees—funds paid by electricity consumers for grid expansion. Busch declared, "The EU should not be able to steal Swedes' electricity money."
- Approximately 85 billion Swedish kronor currently sits in bottleneck accounts, with 130 billion kronor in revenue expected over the next ten years. The Konti-Skan Connect aims to replace two older cables with a modern HVDC-link, boosting transmission capacity to 1000 MW from 715 MW.
- Although the Commission agreed in March that Sweden need not share bottleneck fees with other nations, it now refuses to allow those funds to finance power production, creating ongoing disagreement over fund usage.
- Developed with Danish grid operator Energinet, the Konti-Skan Connect replaces infrastructure dating from 1965 and 1988, linking Gothenburg with northern Jutland. The project now faces an indefinite pause as the fee dispute remains unresolved.
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18 Articles
Sweden is pausing cooperation within the EU's energy policy and suspending work on an electricity cable to Denmark, until the EU agrees to allow Sweden to...
UPDATE 2-Sweden halts plans for power cable to Denmark over disagreement with EU funding plan
Sweden exports excess power from its fleet of nuclear, hydropower and renewable energy generators via cable to countries including Denmark, Finland and Germany, for which it expects to charge 130 billion Swedish crowns ($14.11 billion) over the coming decade. Busch said it wants to able to use the revenue from Swedish congestion charges to build electricity production capacity, but the Commission's current proposal indicated it would have to…
The expansion of the electricity cable will be put on hold after disagreement over bottleneck revenues, says Swedish minister.
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