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The electricity giant: "Get used to high electricity prices"

January 20, 2026
Vattenfall hopes for quick measures in the Swedish power grid. Photo: Pixabay
Vattenfall hopes for quick measures in the Swedish power grid. Photo: Pixabay
High electricity prices have been a major topic of conversation in the past year, and record highs have been broken one after another. Now, Vattenfall believes that this may continue to be our everyday life for some time to come.

Bottlenecks in the energy grid and the war in Ukraine. These are two reasons why electricity prices will continue to be a topic of conversation in the future, with price differences between different parts of Sweden being sky-high. As a result, Vattenfall has suffered billions in losses, according to the company's latest annual report, and in connection with this, the energy giant predicts that the price trend has not yet seen the light at the end of the tunnel. "
" – "This is a serious situation and the energy transition in Europe needs to be accelerated. It is difficult to speculate on future developments. But right now, it looks like we will have to get used to continued highly volatile and high electricity prices," says Anna Borg, CEO of Vattenfall, according to Dagens Industri.

Hoping for accelerated measures

The result is mainly based on bottlenecks in the transmission network, and the price differences in the country are precisely because the electricity route south was limited, she says in the article and calls for measures to even out the differences.
"The best way is to build away the bottlenecks. And we hope that Svenska kraftnät speeds up investments in the Swedish core network," says Anna Borg.

According to the article, the average Nordic electricity spot prices were 161 percent higher last year.

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