"Severely exaggerated" - experts on Dadgostar's (V) cable attack
Experts agree that the government's export cables are impacting electricity prices in Sweden, with political leaders attributing the high prices to these exports.
In Sweden, electricity prices have reached historically high levels, particularly in Norrbotten, where prices have exceeded 2 kronor per kilowatt-hour, a situation not seen since early January 2024. Left Party leader Nooshi Dadgostar claims that the government's decision to build export cables has significantly contributed to these soaring prices, suggesting that the exports are causing domestic prices to rise. This issue was highlighted during a recent 30-minute interview where she pointed to government policies as the root cause.
Experts interviewed by SVT have concurred with Dadgostar's assertions, reinforcing that the export cables, particularly the Aurora Line connecting Sweden and Finland, play a crucial role in affecting electricity prices, especially in the southern regions of the country. They noted that while this line, developed under the current government, accounts for only one of the 16 total cables facilitating exports, previous administrations are largely responsible for the remaining infrastructure. Their analysis indicates that the exportation of electricity is contributing to the current pricing crisis, despite the fact that it is generally understood that such systems would promote efficiency and balance in the market.
Despite the recent spikes, there are indications that electricity prices may stabilize in the coming periods. However, the impact of government policies and the structure of energy exports remain central in discussions among political leaders and experts. This situation reflects a critical examination of energy policy in Sweden, highlighting the tensions between domestic energy needs and international electricity trade dynamics.