New Energy
Free Green Power in Sweden Is Crippling Its Wind Industry
- Rock-bottom energy prices are cooling renewable investment
- Wind projects in the Nordic nation also face local opposition
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Sweden’s wind power industry risks becoming a victim of its own success.
The country has one of the greenest grids in the world, relying almost entirely on hydroelectric, nuclear and wind, which now generates about a quarter of its supplies. But even more is needed to electrify the rest of its economy.