By Alexander Chituc and Kate Abnett<\/p>\n
BRUSSELS, March 16 (Reuters) – Sweden has threatened to restrict electricity exports to neighbouring countries if disagreements with the European Commission \u200cover the use of national funds for EU energy projects are not resolved, \u200cDeputy Prime Minister Ebba Busch said on Monday.<\/p>\n
The move could ripple through Northern Europe’s electricity market. Sweden \u200bexports excess power from its fleet of nuclear, hydropower and renewable energy generators via cables to countries including Germany, Denmark and Finland.<\/p>\n
\u201cIf it comes down to this, then we will take drastic measures,\u201d Busch, who is also Sweden’s energy minister, said in an interview.<\/p>\n
Asked \u200cif Sweden was considering restricting \u2060flows on its existing power interconnectors with other countries, Busch said: “That is one of the measures that we have been discussing, and \u2060that would have support in Sweden.”<\/p>\n
The warning comes in opposition to an EU proposal to earmark 25% of congestion revenues collected by national power grid operators be allocated to EU-backed cross-border \u200benergy \u200binfrastructure projects.<\/p>\n
Congestion revenues arise when grid constraints prevent \u200belectricity from flowing to high-demand areas, \u200cresulting in substantial earnings for network operators.<\/p>\n
National network operators can now spend this money on their own infrastructure.<\/p>\n
Sweden has abundant hydropower in the north, but tighter electricity supplies in the south – a dynamic which generates substantial congestion revenues as power attempts to flow across the country. Sweden’s power grid operator collected 30.5 billion Swedish kronor ($3.26 billion) \u200cin congestion revenues in 2025.<\/p>\n
Busch said Sweden had \u200bforewarned the affected countries before raising the issue at \u200ba meeting of EU ministers in \u200bBrussels on Monday.<\/p>\n
During that meeting, EU Energy Commissioner Dan Jorgensen said \u200cBrussels would work with governments negotiating \u200bthe EU proposals to \u200baddress concerns around “the national control of this money”, without specifying further.<\/p>\n
A leaked EU negotiating document, seen by Reuters, showed governments are considering letting countries keep congestion \u200brevenues collected inside their borders, \u200cand only earmark for EU projects the revenues they collect from cross-country \u200bpower trading.<\/p>\n
($1 = 9.3459 Swedish crowns)<\/p>\n
(Reporting by Kate Abnett, Alexander Chituc; additional reporting \u200bby Simon Johnson, edititng by Andrei Khalip)<\/p>\n","protected":false},"excerpt":{"rendered":"By Alexander Chituc and Kate Abnett BRUSSELS, March 16 (Reuters) – Sweden has threatened to restrict electricity exports…\n","protected":false},"author":2,"featured_media":829968,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5174],"tags":[238285,2000,299,5187,238286,34057,812,39735],"class_list":["post-829967","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eu","tag-ebba-busch","tag-eu","tag-europe","tag-european","tag-neighbouring-countries","tag-power-grid","tag-sweden","tag-the-european-commission"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116239970257132760","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/829967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=829967"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/829967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/829968"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=829967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=829967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=829967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}